Job Description

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

This is an exciting opportunity to become part of a growing and aspiring EY non-life insurance actuarial team. We are more than just a conventional actuarial consultancy and we operate in the local insurance market, as well as supporting the delivery of actuarial solutions of our broader European and Global actuarial network. We are looking for an experienced non-life insurance actuary to join our actuarial team.

In this role, you will have the opportunity to

Work in the traditional actuarial areas, such as reserving, pricing and capital modelling, but also deploy, which may include projects covering analytics, business steering, capital optimisation, actuarial and finance transformation.

Assist clients operating in the local insurance market, but also the potential to work across borders, supporting a market leading actuarial team within the UK and European insurance markets.

We have a strong reputation in the Cyprus insurance market for exceptional client service and for our bespoke offerings to solve our clients’ problems. You would be an integral part of building out the team and delivering on our growth strategy in the actuarial space.

Your key responsibilities

• Assist in the technical delivery and reporting for projects, managing teams of actuarial consultants and taking ownership of the overall project delivery.
• Assist in discussions with client contacts and help to manage expectations of delivery, content, timescales and cost.
• Present to clients at different levels, including senior executive and board levels.
• Collaborate on non-actuarial led projects as a topic / subject matter specialist (where appropriate).
• Contribute to the development of intellectual property to support sales-oriented client interaction.
• Assist in responding to client proposals.

To qualify for the role you must:

• Be able to apply actuarial approaches through a commercial lens and help our clients improve the way they operate.
• Have a strong academic record, including a degree and professional actuarial qualifications (IFoA or similar, qualified or part-qualified)
• Have experience of at least two of the following:
• Claims reserving under different accounting bases
• Development or review of Solvency II technical provisions
• Review or validation of Solvency II internal models and/or standard formula
• Building and developing capital models
• Actuarial support for implementation of IFRS 17
• Be a strong team player and be able to work flexibly on different clients and different engagements.
• Have experience in managing project teams and contributing to building a high performing and inclusive team working environment.
• Have strong quality ethic and drive to focus on professional development.
• Be a problem solver; tailoring what you have learnt from your experiences to date to different client problems to help design and implement the solution.
• Be an excellent communicator in a range of situations both written and oral.

Strongly desirable but not essential

• Experience in working in the London market, or UK general insurance market.
• Using actuarial software packages for reserving or capital modelling.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more

In addition to a competitive salary, our benefits include but are not limited to:

• 13th salary
• Provident Fund
• Private Medical and Life Insurance
• Flexible working arrangements (hybrid work and flexible work schedule)
• Friday afternoon off
• EY Tech MBA and EY MSc in Business Analytics
• EY Badges - digital learning certificates
• Mobility programs (if interested to work abroad)
• Paid Sick Leave
• Paid Paternity Leave
• Yearly wellbeing days off
• Maternity, Wedding and New Baby Gifts
• EY Employee Assistance Program (EAP) (counselling, legal and financial consultation services)
  
  

Are you ready to shape your future with confidence? Apply today.

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About EY

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.