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EY Actuarial Consultant - Financial Services 
United States, New York, New York 
946247404

17.07.2024

Manager – Financial Services – Insurance and Actuarial Advisory Services – Transactions – Advisory: This position could be located in NY, IL, NC, FL, MA, PA, CT.

Your key responsibilities

It’s all about providing the knowledge our clients need to execute strategies and resolve complex issues. We’ll look to you to play significant roles in client engagement teams in the Transactions area of our practice, in a wide variety of projects including:

  • Reinsurance strategy
  • Offshore jurisdiction regulatory (including US, Bermuda, Cayman Islands, and other jurisdictions)
  • Reinsurance entity structuring
  • Transaction pricing support
  • Transaction asset/liability strategy and optimization
  • Cedent / reinsurer target operating model
  • Cedent / reinsurer managed services
  • Reinsurance administration
  • Financial reporting (US, Bermuda, Cayman, and other jurisdictions)
  • Mergers and Acquisitions

Skills and attributes for success

  • Foster an innovative and inclusive team-oriented work environment. Play an active role in counselling and mentoring junior consultants within the organization. Provide constructive on the-job feedback/coaching to team members.
  • Foster relationships with client personnel at appropriate levels. Consistently deliver quality client services. Drive high-quality work products within expected timeframes and on budget. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes. Manage expectations of client service delivery. Stay abreast of current business, regulatory and industry trends relevant to the client's business.
  • Assist clients in tackling unique and complex business issues through your experience, innovative solution development, leadership and a strong EY support team
  • Cultivate and manage business development opportunities. Understand EY and its service lines and actively assess/ present ways to serve clients. Develop and maintain long-term client relationships and networks. Develop relationships with team members across all EY practices to serve client needs.
  • Demonstrate in-depth technical capabilities and professional knowledge. Demonstrate ability to quickly assimilate to new knowledge. Possess good business acumen. Remain current on new developments in advisory services capabilities and industry knowledge.
  • Understand/communicate complex actuarial issues. Stay informed of and apply professional standards and firm policies (e.g., Actuarial Standards of Practice).
  • Develop a strong personal brand and enhance the EY brand by writing articles, participating in industry groups and speaking at seminars

To qualify for the role you must have

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics or other related major
  • Approximately 5+ years of relevant experience, including at least 2 years of people and/or project management
  • Fellowship in the Society of Actuaries
  • Proficiency in the use of spreadsheets and familiarity with at least one actuarial-related software, including AXIS, Prophet, ALFA or MOSES,
  • Strong writing, presentation, conceptual, analytical, project management, and interpersonal skills
  • Excellent problem-solving and client-service skills
  • A proven ability to manage time while working on multiple, often shifting, projects, and the confidence to work both collaboratively and independently under pressure
  • Willingness and ability to travel to meet client needs

Ideally, you’ll also have

  • Previous consulting experience
  • Prior experience with reinsurance treaties, structures, and products
  • Prior experience supporting execution of onshore and offshore reinsurance strategies
  • Prior experience supporting the pricing and structuring of reinsurance arrangements
  • Familiarity with US, Bermuda and/or Cayman reinsurance market
  • Proficiency with at least one actuarial-related software, including AXIS, Prophet or ALFA
  • Proficiency with Python, R or other programming and actuarial related software

What we look for

We’re most interested in intellectually curious actuaries with a clear passion for actuarial work. You’ll also need to be a great communicator, as well as flexible in the face of often rapidly changing projects.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

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.

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

What we offer
We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $145,000 to $265,900. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $174,000 to $302,200. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • 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.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
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