EY Insurance Risk Management Consultant 

Greece, Attica, Athens 

621110932

underacross our offices in,, and, while benefiting fromand. We prioritizeand, fostering an environment where everyone's unique perspectives are valued, that supports you in building an, and a.

We offer a wide range of services, providing a mix of advisory and assurance assistance to clients, including but not limited to:

• Risk Management
• Solvency II
• Regulatory reporting
• Operational Excellence
• Reinsurance & capital management
• Internal model approval support
• Internal model validation
• Insurance transformation
• Pricing & product development
• Actuarial models development
• Financial reporting
• Reserving
• Technology change including analytics and automation
• IFRS 17 Implementation

Our business model ensures that:

• our competencies extend beyond other insurance and actuarial consultancies;
• we leverage the synergies of being part of broader European and global insurance and actuarial teams and collaborating in numerous international engagements;
• we enjoy the advantages of being part of "Big 4 firm" multi-service-line offerings; and
• we combine consulting, audit and audit-related projects with a global client reach.

Your Key Responsibilities

• Work on client assignments in Insurance, Pension and Financial sector industry, primarily in the areas of risk management, regulatory compliance, governance and other related areas.
• Support the design of risk management and compliance functions in Insurance & Pension industry, with the associated Target Operating Models.
• Design, document, enhance and implement risk management strategies, frameworks, policies, processes and procedures in the insurance sector.
• Demonstrate core consulting skills and insurance knowledge to support delivery to clients.
• Participate in the preparation and presentation to clients at all levels.
• Play your part in the development of intellectual property to support sales-oriented client interaction.
• Assist in responding to client proposals.
• Provide timely, efficient and professional delivery of service to our clients.
• Work effectively as a team member, sharing responsibility and knowledge, providing support, maintaining communication and update other senior team members on progress.
• Keep up to date with industry news and trends, and actively identifying risks or opportunities to improve our services.

To qualify for the role you must have:

• least 1 year of relevant professional experience.
• A BSc or MSc degree in Risk Management, Actuarial Science, Mathematics, Statistics, Economics, Finance, Engineering or another related field.
• Self-starter with strong analytical and problem-solving skills.
• Non-Life, Life, Health and/or Pension insurance knowledge.
• Previous involvement in risk identification, assessment, monitoring and reporting though continuous business monitoring, including insurance and financial risks.
• A committed approach to continuous professional development is required.
• Advanced business writing and verbal communication skills both in Greek and English.
• Strong team player with a passionfor excellence and commitment to delivering work on time and with a flexible working style enjoying working with multi-national teams.
• A high degree of self–direction and the business acumen to work within a rapidly changing environment.
• Advanced MS office skills.

Ideally, you will also have:

• Working knowledge of activities relating to Solvency II – Pillar II.
• Previous involvement in the development, enhancement, implementation of the ORSA process with the associated scenarios, stresses, risk measurement and report writing.
• Previous involvement in the development of risk appetite framework and risk models for the quantification and monitoring of risks against appropriate limits and tolerances, with the use of Key Risk Indicators.
• Previous involvement in collaboration with insurance regulators for the development and enhancement of regulatory requirements and supervisory practices in the insurance sector.
• Knowledge and familiarity with key regulations for insurers, including ESG and sustainability, operational resilience, recovery and resolution, IDD, PoG, PRIIPs, RIS, FiDA.
• Knowledge of insurance distribution channels and intermediaries.
• The ability to work with a variety of stakeholders at all levels.
• Knowledge of process development and documentation with the use of MS Visio or other relevant tool.
• Professional risk management qualification (e.g. IRM, CERA, FRM, etc.).
• Analytical and problem-solving skills.
• Ability to travel.

What’s most important is that you’re dedicated to working with your colleagues as part of a high-performing team. You’ll need to demonstrate enthusiasm, high motivation and passion to develop fast in a multinational working environment. You’ll need to thrive in picking up new skills and talents as you go, so natural curiosity, a lot of questions and the confidence to speak up when you see something that could be improved are essential. If you’ve got the right combination of technical knowledge and communication skills, this role is for you.

What we offer

• Competitive remuneration package:You’ll be rewarded for your individual and team performance. Depending on your experience, our comprehensive rewards package includes benefits that suit your needs including cutting-edge technological equipment, ticket restaurant vouchers, a private health insurance scheme, life insurance, income protection and an exclusive EY benefits club that provides a wide range of discounts, offers and promotions.
• Flexible working arrangements:We operate under a hybrid working model, which is defined based on both your own preferences and team’s needs, and we enjoy our summers with short Fridays.
• Personalized learning experience and career development:We provide free and unlimited access to educational platforms and EY Badges, support certifications, and provide coaching and feedback, as a part of our Leadership & Development process, all of which can lead to a meaningful impact and success as defined by you.
• Transformative leadership:We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
• International Experience:Become part of international projects and work along multicultural teams, through our global network.
• Above all, you will be working in one of the most recognized employers in Greece, as we have been awarded the Top Employers, Great Place to Work and Best Workplaces for Women awards for 2024.

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

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.