EY Senior Consultant Internal Audit Insurance 

United Kingdom, England, London 

221379049

Our Financial Services Consulting practice encompasses a wide range of consulting services across our different sectors. You will gain a deep understanding of our clients’ businesses and their financial accounts, drawing on your experience to provide options and recommendations to management and the board. We mirror our clients’ global operations, so be prepared to travel and explore business in new places.

Your key responsibilities

We have an opportunity for a dedicated team player with a great work ethic and excellent professional skills for the role of Senior Consultant focusing on the Insurance industry. Working as part of a team that is expected to witness rapid growth over the next few years, you will be responsible for delivering client engagements to plan, on budget and to a high quality.

Skills and attributes for success

• Planning and delivering assurance engagements that meet the clients’ needs and expectations
• Using pre-existing methodologies to deliver engagements.
• Preparing deliverables for manager and Partner review against quality expectations
• Maintaining active communication with both Managers/Senior Managers and clients to manage expectations and ensure client satisfaction.
• Understanding our service offerings and seek to identify opportunities to better serve clients.
• Assisting Managers with the development of client proposals and engagement contracts
• Overseeing and coaching graduate level colleagues

To qualify for the role, you must have

• Strong academic record including at least a 2.1 classified degree or equivalent, a professional qualification would be advantageous
• Good understanding of the insurance industry and the role of key functions within an insurance company and/or broker, including:
  • Front Office – Marketing & Financial Promotions, Sales & Distribution, Claims Management, and Complaints Management.
  • Middle Office – Underwriting & Pricing, Product Development and Governance, Underwriting Operations, Policy Operations, Claims Processing, Reinsurance & Risk Transfer, and Billing & Collection
  • Back Office – Finance, Actuarial, Capital, Strategy, Risk, Governance, Legal, Compliance, Information Technology, Human Resources, Procurement, and Regulatory Affairs.
• Solid understanding and experience of regulation and compliance, either as a result of working for one or more regulatory bodies or from working in a compliance role for an insurer or broker. Relevant regulatory topics include (but are not limited to):
  • Product Pricing, Governance and Fair Value
  • Corporate Governance and Board Effectiveness
  • Delegated Authority and Outsourcing
  • Senior Managers and Certification Regime (SMCR)
  • Operational Resilience
  • Client Assets (CASS)
  • Risk Management
  • Customer Vulnerability
  • Complaints
  • Solvency II
• Project management experience, a Project Management qualification would be advantageous
• Experience of performing reviews against regulatory requirements and expectations
• Good understanding and experience of using standard IT platforms and software packages, such as Microsoft Word, PowerPoint, Excel, SharePoint and Outlook.

Ideally, you’ll also have

• Business consulting experience, with client liaison experience and strong commercial awareness
• Regulatory supervision knowledge or experience of supervisor’s activity on key regulatory topics
• Experience of risk assessment, mitigation and remediation
• Confident and credible communicator who displays both technical knowledge and commercial understanding.

Join us and you'll work on challenging projects and accelerate your career within an international and supportive team. You'll also be introduced to career challenges that will take you into exciting new professional territory.

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, 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.