EY Actuarial Advisory Senior Manager – Life (FSO): Bermuda in Hamilton, Bermuda
Actuarial Advisory Senior Manager – Life (FSO): Bermuda
Requisition # HAM0011J
Post Date Jun 04, 2020
EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to the financial services marketplace. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. The BBC operates as one regional practice and we aim to attract the best talent from across the globe. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse financial services clients.
Through diverse experiences, world-class learning and individually tailored coaching you will experience ongoing professional development. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
Our Actuarial Advisory Services practice comprises two areas: Life Insurance and Non-Life (Property/Casualty) products and services. This role is to lead the Life Actuarial practice in Bermuda; this exciting role is a result of the continued growth in the Life insurance/reinsurance industry across the region and will involve working closely with other EY teams, particularly in the UK, Europe and US to deliver cross-border engagements to our clients. Here, you’ll be right at the heart of that mission, leading client engagement teams in the Life area, working directly with clients, mentoring and developing team members and building your personal brand as a leader in your field.
Your Key Responsibilities
You’re likely to split your time on operational aspects of client business and business development initiatives. That means developing an in-depth understanding of our clients’ unique needs and goals, before leading a team in developing and delivering meaningful actuarial advisory services to our clients. You’ll be responsible for delivering a project which means you will need to communicate effective new strategies and the plan to bring these strategies to life with your team.
Skills and attributes for success
Leadlarge scale client engagements. Consistently deliver quality clientservices. Drive high-quality work products within expected timeframes andon budget. Monitor progress, manage risk and ensure key stakeholders arekept informed about progress and expected outcomes. Manage expectations ofclient service delivery. Stay abreast of current business and industrytrends relevant to the client's business.
Effectivelylead and motivate teams with diverse skills and backgrounds. Provideconstructive on-the-job feedback/coaching to team members. Foster aninnovative and inclusive team-oriented work environment. Play an activerole in counselling and mentoring junior consultants within theorganization.
Generatenew business opportunities. Understand EY and its service lines andactively assess/present ways to serve clients. Develop and maintainlong-term client relationships and networks. Develop relationships withteam members across all EY practices to serve client needs.
Demonstratedeep actuarial technical capabilities and professional knowledge.Demonstrate ability to quickly assimilate new knowledge. Possess in depthbusiness acumen. Remain current on new regulations concerning theInsurance industry.
Demonstratean understanding of complex actuarial concepts, discuss complex issueswith the engagement team and client management, keep informed ofprofessional standards and firm policies (e.g., Actuarial Standards ofPractice), and effectively apply this knowledge to client situations.
Maintaina reputation as an industry expert by writing articles, taking aleadership role within industry groups and speaking at industry events.
To qualifyfor the role you must have
ABachelor's degree in Actuarial Science, Mathematics, Statistics, and/orother related major
Aminimum of 10 years of recent relevant experience in an actuarial positionwith at least 3 years of increased management responsibility; priorexperience within a professional services and/or public accounting firm isrequired
Fellowshipin the Institute and Faculty of Actuaries (FIA) or Fellow of the Societyof Actuaries (SOA) or other internationally recognized professionalactuarial association
Regulatoryexperience, either through working for the regulator or liaising with theregulator for company approvals/applications.
Technicaland practical understanding of Solvency II and the European regulatoryregime; an understanding of the Bermuda equivalent regulatory regime wouldbe highly valued but is not required.
Strong writtenand verbal communication, interpersonal, presentation, client service andbusiness writing and consulting skills
Ideally you’ll also have
Priorconsulting experience with strong business development, sales and accountmanagement skills
Abilityto deliver proposals and contribute to strategic discussions at the Boardand senior management level
Willingnessand ability to travel to meet client needs
Strongmanagerial experience including leading teams across different projects
What we look for
We’re looking for passionate leaders with strong vision and a desire to stay on top of trends in the insurance industry. If you have a genuine passion for helping businesses achieve their full potential, 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, support for obtaining your professional qualification, a competitive pension plan, a minimum of 25 days of vacation plus 11 observed holidays, and a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:
Theopportunity to manage a portfolio of talent
Acollaborative environment where everyone works together to create a betterworking world
Excellenttraining and development prospects, both through established programs andon-the-job training
Anexcellent team of senior colleagues, dedicated to managing and varyingyour workload
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 to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
Make your mark. Apply now.
EY, an equal opportunity employer, values thediversity of our workforce and the knowledge of our people