Job Description

Requisition Id : 1476906



As a global leader in assurance, tax, transaction and advisory 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. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.



The Opportunity: Senior Consultant-FS-Business Consulting Risk-CNS - BC - Actuarial



FS :

Amid comprehensive regulatory change, today's financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors -- all while meeting greater demands for trust and transparency.



To address this delicate balance of issues, our proficient team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.



We recruit, train and foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.



CNS - BC - Actuarial :

EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.



We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organization's ability to meet its future business strategy and objectives. The 3 key fields of play are :



Enterprise Risk - helps clients identify and address key risk areas, while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience, Internal audit, Compliance and Internal controls



Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors, management, regulators, customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses.



Financial Services Risk - helps clients in the financial sector to identify, manage and monitor the risks in their business. It is done through a transformative and agile approach including process and procedures, risk, data modeling and analytics, reporting to stakeholders and third parties, business requirements (for software selection and IT implementation), analysis of assets and liabilities, and capital and liquidity management.



Your key responsibilities



Technical Excellence



Play a full and proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across appraisal valuation, embedded value, product development, statutory reporting, economic capital, IFRS17, actuarial model development etc.

Design and review appropriate actuarial models for the above mentioned projects allowing for client product features and relevant regulations

Develop an effective working relationship with key contacts within firms through clear communication and by providing constructive, robust and timely challenge

Connect with the team and take proactive role in assessing and fulfilling their technical and professional development needs

Lend support on strands of research and specialist work aimed at providing key insights to help our clients / consultants

As part of the team, provide consistent high-quality technical challenge in identifying and helping to resolve technical issues faced by other team members

Develop cutting edge proposals for winning new and different clients / engagements

Work closely with the team to develop consistent standards and best practice

Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database

Contribute to wider opportunities within the firm and to raising its profile externally e.g. taking an active role in writing articles and presenting in forums

Develop and maintain deep technical knowledge in core actuarial concepts relating to statutory and shareholder reporting, capital calculation, risk management and product pricing

Experience / knowledge of actuarial modelling and design on both Excel and any specialized actuarial software

Ability to develop reports and presentations for the client

Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries



Qualification



Entrepreneurial - Being empowered to lead, being innovative and encouraged to take ownership to create a lasting impact.

Intellectually stimulating - Getting opportunities to work on challenging assignments with premier clients and learn from the best minds in the industry.

Digitally transforming - Being prepared to aid businesses become fit for the digital world through technology enabled innovation and alliances.

Socially responsible - Making a difference by supporting communities to makethe world a better place

Pursuing passions beyond work - Encouraged to actively pursue passions beyond work.

Experience



A graduate or post graduate degree in relevant and a qualified Actuary

Minimum 4 years of relevant work experience

Good working knowledge of the relevant actuarial concepts and methodologies

Good knowledge of regulations (IRDAI/IAI), Statutory Valuation/ Accounting reporting and Pricing

Good technical understanding of at least one of the following areas - Economic Capital; MCEV/ EV



What we look for



People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain postivie energy, while being adaptable and creative in their approach.



What we offer



With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.



EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.



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



Join us in building a better working world. Apply now.