Assistant Manager- Risk Consulting- FSRM - Riyadh

Ernst & Young Advisory Services Sdn Bhd; Riyadh; On-site; SAR 100,000 - 140,000; Full time

Job summary

A leading global consultancy in Riyadh is seeking a Risk Management Consultant with expertise in IFRS 17. The ideal candidate will have 8 years of experience, a Bachelor's degree, and strong analytical and interpersonal skills. Proficiency in Arabic and familiarity with Saudi insurance regulations are essential. This role involves coordinating risk management services and engaging with various clients to help them navigate complex regulatory challenges.

Benefits

Comprehensive medical, dental coverage

Defined contribution pension plan

Flexible work arrangements

Learning opportunities for career development

Competitive compensation package

Qualifications

• 8 years of work experience in risk management or related fields.
• In-depth knowledge of insurance operations.
• Familiarity with Saudi insurance regulations.

Responsibilities

• Coordinate delivery of risk management services to clients.
• Help clients navigate regulatory environments.
• Build strong client relationships and provide insights.

Skills

Knowledge of IFRS 17

Enterprise risk management

Analytical skills

Interpersonal skills

Problem solving

Communication skills in English

Proficiency in Arabic

Attention to detail

Education

Bachelor's degree

Master's degree in Accounting, Economics, or related fields

Job description

Location: Riyadh

Other locations: Primary Location Only

Requisition ID: 1666936

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

We help the world’s largest financial institutions navigate the intricate regulatory environment to effectively manage and assess capital in support of their ongoing strategies. More than ever, financial institutions are investing in enhancing their capital management capabilities to make better business decisions, presenting us with the unique opportunity to rally together to solve our clients’ most complex challenges.

The opportunity

EY’s Financial Services Consulting practice provides risk management support to banks, insurers, and asset managers. Our team includes individuals who have industry, client, and product knowledge as well as business, quantitative, regulatory, project management and technology professionals. We are seeking agile individuals to join our team. Along with our team, you’ll work together to coordinate the delivery of risk management, regulatory and business performance services to a variety of clients, in particular for insurance.

To qualify for the role, you must have

• In-depth knowledge and experience of IFRS 17
• 8 years of work experience
• Excellent academic background, a qualified Chartered Accountant or a Master’s degree in Accounting, Economics, Finance, Risk management, Statistics and Mathematics.
• In-depth knowledge of insurance operations in particular general insurance and reinsurance
• Seeking candidates skilled in enterprise risk management, with a background in insurance and familiarity with insurance risk regulations.
• Preference for individuals well‑versed in Saudi insurance regulations
• Additional risk qualifications are considered an advantage.
• A Bachelor’s degree is a mandatory educational requirement.
• Proficiency in Arabic is essential.
• Strong analytical, problem solving and interpersonal skills
• Skills in quantitative methods of finance will be an added plus.
• Ability to interact with teams at all hierarchical levels and work under tight deadlines
• Strong attention to detail with a logical and methodical approach
• Excellent business acumen
• Willingness to learn and continuously expand technical and business skills.
• Strong communication, presentation and writing skills in English for both technical and business audiences

Knowledge and/or keen interest in topics such as:

• Financial analysis, key performance indicators, and financial accounting.

What we look for

If you’re a natural leader with a talent for answering and communicating complex client problems, we’re interested in you. You’ll need to be great at influencing people, ready to listen and confident in challenging the status quo. If you have a genuine passion for helping businesses address their most pressing problems, this role is for you.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture – built on high‑performance teaming – where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well‑being. Plus, we offer:

• Support and coaching from some of the most engaging colleagues in the industry
• Learning opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

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