EY

Actuarial Consulting Manager - Property and Casualty - Financial Services Office - Bermuda

Recruiter
EY
Location
Hamilton, BM
Salary
Competitive remuneration package
Posted
21 Jan 2022
Closes
18 Feb 2022
Ref
143035
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

EY is the most globally integrated professional services organization which encompasses a separate business unit dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global market perspective. Aligned to key industry groups including asset management and private equity, banking and capital markets, and insurance, we provide integrated assurance, consulting, strategy & transactions, and tax services to our clients. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse FSO clients.

The Opportunity

We are currently seeking a qualified candidate to be considered for the position of Actuarial Consulting Manager (Property & Casualty) in our Financial Services practice in Bermuda. Our Actuarial Consulting practice comprises two areas: Life/Health Insurance and Property/Casualty Insurance products and services. This exciting opportunity is in our Property & Casualty practice in Bermuda, where you will provide clients with traditional actuarial services (e.g., reserving, pricing, capital modelling and mergers and acquisition support), as well as leading edge services covering areas such as financial reporting and measurement, financial risk management, modeling, hedging, reinsurance, securitization, economic capital and solvency.

Your key responsibilities

As a Manager within the Actuarial Consulting Services (Property & Casualty) group, you’ll be challenged to participate in and manage/lead engagement teams focused on several of the following areas:

  • Loss reserving analysis all lines of business and sectors (direct and reinsurance)
  • Loss Reserve Specialist Opinion for regulatory submission
  • New Business License Support
  • Capital Modelling and Economic Balance Sheet support to clients
  • Insurable risk management, self-insurance advisory services (across all industries)
  • Predictive Modeling and customer analytics
  • Actuarial Transformation® and modeling
  • Rate setting all lines of business
  • Financial forecasting, valuation
  • IFRS17 consulting
  • Product development
  • Mergers & acquisitions

Skills and attributes for success

  • Effectively manage and motivate client engagement teams with diverse skills and backgrounds
  • Foster relationships with client personnel at appropriate levels and consistently deliver quality client services
  • Drive high-quality work products within expected time frames and on budget and monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes
  • Develop and maintain long-term client relationships and networks, and stay abreast of current business and industry trends relevant to the client’s business
  • Develop relationships with team members across all of EY’s practices to serve client needs
  • Demonstrate in-depth technical capabilities and professional knowledge and a demonstrated ability to quickly assimilate to new knowledge

To qualify for the role you must have

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, and/or other related major
  • A minimum of five (5) years of recent relevant experience in an actuarial-oriented position; prior actuarial consulting experience preferred
  • Actively pursuing a professional actuarial designation with the Institute and Faculty of Actuaries, Casualty Actuarial Society, or other internationally recognized association, with a minimum of five actuarial exams completed
  • Proficiency in the use of spreadsheets and actuarial-related reserving and capital modelling software
  • Strong written and verbal communication, interpersonal, presentation, client service and business writing and consulting skills

Ideally, you’ll also have

  • Prior consulting experience with some business development, sales and account management skills
  • Previous experience in a Risk Based Capital Regime as well as IFRS17 would be preferred
  • Ability to deliver proposals and contribute to strategic discussions at the senior management level
  • Willingness and ability to travel to meet client needs
  • Some managerial experience including leading teams across different projects

What we look for

We’re interested in highly motivated and intellectually curious individuals with a strong willingness to think outside of the box and a clear passion for actuarial work. You can expect plenty of autonomy in this role, so you’ll need the motivation to take initiative and seek out opportunities to improve our current relationships and expand our business in the evolving market. You’ll also need to be a great communicator, as well as flexible in the face of often rapidly changing projects. If you’re serious about consulting and ready to take on some of our clients’ most complex issues, this role is for you

What we offer

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, dental and vision coverage, competitive pension plan, generous vacation and leave entitlement(s), and a range of programs and benefits designed to support your physical, financial and social 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.

EY | Building a better working world

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.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

For further information, and to apply, please visit our website via the “Apply” button below.

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