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Senior Consultant Actuary Life - Financial Services

EY

Senior Consultant Actuary Life - Financial Services

EY

·

On-site

·

Full-time

·

6d ago

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

The Opportunity

Our market-leading Actuarial Team is looking for experienced Actuaries (Senior Consultant or Manager level) with life insurance experience to address the growing demand of insurance companies.
Join our team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as cutting-edge services by leveraging on advanced statistical modeling techniques and technologies such as predictive analytics and machine learning.

Key Responsibilities

Support insurance companies in a wide range of topics such as:

  • Designing future-proof life insurance products, including the development of pricing strategies and methodologies
  • Performing valuation of life insurance liabilities, using a wide range of actuarial software (e.g. Prophet, Python, etc.)
  • Supporting risk management teams in conducting comprehensive risk assessments, and advising on risk matters such as risk-appetite, ORSA, or climate risk stress-testing
  • Assisting insurance companies in further optimizing their IFRS17 processes and enhancing their reporting to provide valuable insights to investors and stakeholders
  • Performing detailed ALM studies and generating comprehensive reports on market and liquidity risk
  • Developing and optimising capital models in terms of process, methodology and tooling (Solvency II)
  • Supporting the fulfilment of the role of the actuarial function for (life) insurance companies
  • Providing support to our Transactions team on actuarial aspects during due-diligences on life portfolio’s
  • Developing interactive dashboards for benchmarking or reporting purposes (using tools like PowerBI)

Skills and Attributes for Success

  • A master degree in actuarial sciences
  • Minimum of 2 years’ experience, working in a life actuarial-oriented position within an insurance company or a consultancy firm
  • A solid knowledge in at least 2 of the following topics: life product development and pricing, life reserving techniques, risk management, Solvency II or IFRS17.
  • A strong team spirit, balanced by a healthy sense of autonomy
  • Excellent communication skills, with fluency in Dutch and/or French and proficient level of business English
  • A global mindset and the drive to work in international teams

What working at EY Offers

  • You will be part of a leading global professional services firm.
  • You will be part of the EY family where everyone is willing to offer support and senior management is very accessible.
  • You will join a dynamic and growing team with a great mix of young and experienced professionals focusing on financial services.
  • You will get extensive trainings on technical matters, as well as soft skills and project management, and you will have access to new technologies and innovative equipment.
  • We are proud of our flexible working arrangements, and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities.
  • While our client-facing profession might require part-time working at client site and business traveling at times, we are committed to helping you achieve a lifestyle balance.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

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About EY

EY

EY

Public

A provider of assurance, tax, transaction, and advisory services.

10,001+

Employees

London

Headquarters

Reviews

3.8

15 reviews

Work Life Balance

2.5

Compensation

3.8

Culture

3.0

Career

3.5

Management

3.0

65%

Recommend to a Friend

Pros

Competitive compensation packages

Good career advancement opportunities

Strong brand recognition

Cons

Work-related stress and pressure

Limited negotiation flexibility on offers

Uncertain job security during economic downturns

Salary Ranges

31,254 data points

Senior/L5

Staff/L6

Senior/L5 · Manager

3,252 reports

$176,974

total / year

Base

$168,024

Stock

-

Bonus

$8,949

$137,423

$229,882

Interview Experience

7 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Offer Rate

57%

Interview Process

1

Application Review

2

HR Screen

3

Hiring Manager Interview

4

Technical/Case Interview

5

Partner/Director Interview

6

Offer

Common Questions

Behavioral/STAR

Case Study

Technical Knowledge

Past Experience

Culture Fit