Job Description

Requisition Id: 1681797

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity: General Insurance - Business Consulting Risk-Actuarial–Gurgaon&Mumbai

Actuarial – Risk Advisory Services

Actuarial is a part of Risk Consulting team. The team advises clients in the areas of-

• Actuarial reserving and valuation
• Actuarial Model Development, Validation and Documentation
• Product Pricing and Development
• Preparation, Audit and Review of Statutory Reporting
• IFRS17 Gap Assessment and Implementation
• Risk Capital Measurement framework
• Economic Financial Reporting framework
• Asset Liability Management
• Embedded Value Calculation and Review for the purpose of Shareholder Reporting and Fair Valuation
• Actuarial Due Diligence support for M&A transactions
• Preparation and Review of Business Planning
• Market Research and Analysis
• Other ad-hoc projects

The opportunity

The objective of the Actuarial team is to provide clear and helpful actuarial advice and support to the clients on various engagements. The principal responsibility under this role is for all actuarial aspects related to the assignment to which the successful candidate is allocated. Many a times the engagement is usually accomplished by actuarial team working together with assurance team, information technology team, performance improvement team etc. We are looking for Actuaries with varying experience in the Indian insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The Incumbent will be responsible for executing projects in the Actuarial space.

Your key responsibilities

• Play a full and proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across reserving, actuarial audits, statutory reporting, economic capital, IFRS17, actuarial model development etc.
• Design and review appropriate actuarial models for the above mentioned projects allowing for client product features and relevant regulations
• Develop an effective working relationship with key contacts within firms through clear communication and by providing constructive, robust and timely challenge

• Connect with the team and take proactive role in assessing and fulfilling their technical and professional development needs
• Lend support on strands of research and specialist work aimed at providing key insights to help our clients / consultants
• As part of the team, provide consistent high-quality technical challenge in identifying and helping to resolve technical issues faced by other team members
• Develop cutting edge proposals for winning new and different clients / engagements
• Work closely with the team to develop consistent standards and best practice
• Contribute to wider opportunities within the firm and to raising its profile externally e.g. taking an active role in writing articles and presenting in forums
  
  

Skills and attributes for success

Technical & Behavioural:

• Deep technical knowledge in core actuarial concepts
• Experience / knowledge of actuarial modelling and design on both Excel and any specialized actuarial software
• Ability to develop reports and presentations for the client
• Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries
• Proven ability to balance priorities and manage a large number of competing demands to agreed deadlines and to the required level of quality
• Self-motivated, uses own initiative and is outcome-focused
• Dealing constructively with uncertainty and ambiguity

To qualify for the role you must have

• A graduate or post graduate degree in relevant and 4+ actuarial exams as per old curriculum
• 0-1 years of relevant work experience
• Good working knowledge of the relevant actuarial concepts and methodologies
  
  What we look for :

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer :

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

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

Join us in building a better working world. Apply now