EY

Actuarial Consulting Senior - Property & Casualty - Financial Services Office (FSO): Bermuda

Recruiter
EY
Location
Bermuda
Salary
Competitive remuneration package
Posted
19 Feb 2021
Closes
19 Mar 2021
Ref
BER001A2
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time

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.

Upon embarking on a journey with us, you will experience professional development through exposure to an array of diverse experiences, world-class learning and individual tailored coaching. This, is how we develop outstanding leaders who endeavor to deliver on our promises to all our stakeholders, and in so doing, play a critical role in building a better working world for our people, our clients and our communities. Sounds interesting? Well this is just the beginning. Whenever you join, however long you stay, the exceptional EY experience will last a lifetime.

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
  • 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 working at EY offers

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:

  • Support, coaching and feedback from some of the most engaging colleagues in the industry
  • Opportunities to develop new skills and progress in your career
  • The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, consulting, strategy & transaction, and tax services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Make your mark.

EY, an equal opportunity employer, values the diversity of our workforce and the knowledge of our people.

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

Similar jobs

More searches like this

Similar jobs