Overview
– Specialization in non-life / general insurance
– 10+ years of relevant actuarial experience
– Minimum 5+ years of experience in Domestic insurance market
– Experience in reserving and IFRS 17 / IND AS 117
JOB DESCRIPTION:
COMPANY NAME : Ernst & Young Actuarial Services LLP
ROLE/PRIMARY (KRAs):
– The Incumbent will be responsible for executing projects in the Actuarial space
– We are looking for Actuaries with varying experience in the Indian/ Global insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include
– Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across
– Reserving,
– Product development and pricing
– Statutory reporting,
– Solvency assessment,
– Ifrs17 implementation
– Business planning.
– Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations.
– Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants
– 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 EY and to raising its profile externally e.g. taking an active role in writing articles for The Actuary
Which Essential & Desirable skills are required?
Essential Technical Skills:
– Develop and maintain deep technical knowledge in Excel modelling skills
– Present internally and externally on areas of technical specialist knowledge
– Develop reports and presentations for the client
Good technical understanding of at least one of the following areas:
– Reserving techniques
– Pricing and product filing
– Business planning and capital modeling
– IFRS 17 implementation
People Skills:
– Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries.
– Good team player
Behavioral:
– Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality.
– Ability to give/receive constructive feedback
– Self-motivated, uses own initiative and is outcome-focused.
– Dealing constructively with uncertainty and ambiguity.
Desirable:
– Good working knowledge of the relevant actuarial concepts and methodologies
– Working knowledge of tools like R, Python, SAS, SQL etc.
– Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world.
– Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.