EY Advisory Services Senior Manager - Financial Services - Insurance and Actuarial Advisory Services - Life & Health in Chicago, Illinois

Advisory Services Senior Manager - Financial Services - Insurance and Actuarial Advisory Services - Life & Health


Requisition # CHI006G9

Post Date 2 days ago


EY is the only professional services firm with a separate business unit ('FSO') that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

Put simply, our actuarial advisers deliver creative and innovative thinking to high-profile Life Insurance companies worldwide, supporting them in making confident financial judgements in support of their business goals. Here, you’ll be an actuary right at the heart of that mission, leading engagement teams, working directly with clients, mentoring and developing team members and building your personal brand as a leader in your field.

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 lead client engagement teams in the Life/Health area of our practice, in a wide variety of areas including:

  • Financial Reporting

  • Risk Management

  • Actuarial Transformation®

  • Financial Modeling

  • Retirement Income and Pension Risk Transfer

  • Mergers and Acquisitions

  • Actuarial Tax

  • Customer Analytics and Predictive Modeling

  • Managed Services

  • Audit Support

Skills and attributes for success

  • Lead large scale client engagements. 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 and industry trends relevant to the client's business.

  • Effectively lead and motivate teams with diverse skills and backgrounds. Provide constructive on-the-job feedback/coaching to team members. Foster an innovative and inclusive team-oriented work environment. Play an active role in counselling and mentoring junior consultants within the organization.

  • Generate new business 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 deep actuarial technical capabilities and professional knowledge. Demonstrate ability to quickly assimilate new knowledge. Possess in depth business acumen. Remain current on new regulations concerning Insurance industry.

  • Demonstrate an understanding of complex actuarial concepts, discuss complex issues with the engagement team and client management, keep informed of professional standards and firm policies (e.g., Actuarial Standards of Practice), and effectively apply this knowledge to client situations.

  • Maintain a reputation as an industry expert by writing articles, taking a leadership role within industry groups and speaking at industry events.

To qualify for the role you must have

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, and/or other related major.

  • Minimum of 8 years’ experience working in an actuarial-oriented position, with 3 years of increased management responsibility.

  • Fellowship in the Society of Actuaries or particular industry experience/credentials to meet special needs.

  • Proficiency in the use of spreadsheets and actuarial-related software, including AXIS, Prophet, ALFA, MOSES, VBA, C++ or other actuarial related software.

  • Strong writing, presentation, conceptual, analytical, and interpersonal skills.

  • Excellent problem-solving and client-service skills.

Ideally, you’ll also have

  • Previous consulting experience or experience implementing new processes/procedures in a corporate environment.

  • Willingness and ability to travel to meet client needs

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.

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 and dental coverage, both pension and 401(k) plans, a minimum of three weeks of vacation plus 10 observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial and social wellbeing.

Plus, we offer

  • The opportunity to manage a portfolio of talent within a designated service line

  • A collaborative environment where everyone works together to create a better working world

  • Excellent training and development prospects, both through established programs and on-the-job training

  • An excellent team of senior colleagues, dedicated to managing and varying your workload

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

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.

EY, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people.