EY Staff- Investments-Actuarial 

India, Uttar Pradesh 

121182653

Your key responsibilities

On engagements, you will:

• Calculate the overall Solvency Capital Requirement (SCR) for an asset portfolio and individual risk charges under regulations such as Solvency II and Risk Based Capital 2.
• Develop new models / tailoring existing models for performing valuations of non-traditional / illiquid assets.
• Perform eligibility analysis for infrastructure investments under Solvency II.
• Perform extensive market research to evaluate capital implications for different investment strategies.
• Perform experience studies on valuation, methodology and assumptions.
• Develop solutions for sustainable finance and climate change risk modelling.
• Develop tools for various purposes such as SCR calculation, matching adjustment, valuation of assets.
• Be responsible for providing high quality results and generating effective solutions working along with Seniors, Managers or Senior Managers in delivering the project.
• Establish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hours.
• Maintain/develop productive working relationships with stakeholders and other team members.

Within the actuarial practice you will:

• Contribute ideas and suggestions for improvements to process templates
• Train and share knowledge with colleagues
• Make steady progress with appropriate professional examinations as agreed with the line manager with the support of the company
• Stay informed of current business/economic developments relevant to the industry/ geography
• Document and communicate steps and processes used to arrive at the result and maintaining a high quality of deliverables.
• Investigate models / reporting process and independently solve problems.
• Undertake data cleaning, processing, working with large data sets, identifying inconsistencies in the data and preparing it for valuation process.
• Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales.

To qualify for the role, you must have

• 1-3 years of experience in Life Insurance or Investments
• Basic knowledge of Solvency II, Risk Based Capital 2, market risk, product cash flows, valuations and modelling.
• Understanding of traditional and illiquid asset classes such as Equity Release Mortgages, Derivatives etc.
• (Desirable) Modelling experience on any of the following: Excel, VBA, R, Python
• (Good to have) Basic knowledge of Environmental, Social and Governance investments and sustainable finance.

What we look for

• Life actuarial / investments / related background
• Deep knowledge and experience of the insurance industry and/or consulting
• Up to date knowledge of the regulatory environment impacting insurers and other financial service organizations.
• Experience of supporting teams to enable high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues.
• Strong academic background with a bachelor's degree with an emphasis in actuarial science, mathematics, statistics or finance related, supplemented ideally with a professional qualification.
• Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations.
• (Desirable) Sound analytical and technical skills, proficient in R, Python, VBA would be an advantage.

What we offer

• Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you:We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• 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.

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.

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.