EY Manager, General Insurance Actuarial, London in London, United Kingdom

Manager, General Insurance Actuarial, London

Advisory

Requisition # LON00F19

Post Date Oct 25, 2018

Manager, General Insurance Actuarial, London

#LI-P

The current market conditions and regulatory environment means all Insurance Companies are looking for competitive advantage, cost reduction and quicker and more efficient ways to work with and report to the market.

As a Manager within the Non-Life Actuarial team in London, you will be in the driving seat to help support our clients to make significant changes to their business to navigate this market. You'd be an important part of our diversely talented, highly experienced team and work with large Global and Europe client. Our team of around 80 people sits at the heart of our Insurance Advisory team in London.

The Opportunity

Do you want to be part of a market leading consultancy while helping Insurance companies adapt and change through the current challenging market?

As the market leading consultancy within the London and Bermuda market, we are looking to:

• Build on our current client relationships where we support our clients on reserving, regulatory and other market issues.

• Increase our footprint within the Personal Lines arena – looking to leverage the wider firm connections we have in analytics and data transformation

We are looking to strengthen our team at the Manager level and you would be an integral part of the team building out and delivering on our growth strategy.

Your key responsibilities

As a Manager within the Actuarial team, you will spend your day:

• Managing to completion the technical delivery and reporting for projects, as well as providing insight to projects in terms of technical content;

• Assisting in the dialogue with client project sponsors and fully manage expectations of delivery, content, timescales and cost;

• Assisting in responding to client proposals including clarification of need and participation in written and oral presentations.

• Developing people through effectively supervising, coaching, and mentoring staff

S kills and Attributes for Success

• Communication - client management to assist with the dialogue with client project sponsors;

• Client service - Manages clients’ expectations in relation to deliverables;

• Risk averse - Identifies risk on the assignment, involving Senior Manager / Director / Partner appropriately in its resolution;

• Energy - Dedication combined with a desire to fit in well, yet make your presence felt within our collegiate team;

• Development of ideas - Play your part in the development of intellectual property to support sales-oriented client interaction;

• Technical and Industry Expertise – Have a deep understanding of two of the following: Reserving for different classes of business, Reinsurance pricing, Risk Management, Pricing of Personal Lines or Specialty Market business, Capital model building or Capital model validation.

• People - Develop people through effectively supervising, coaching, and mentoring staff.

To qualify for the role you must:

• Be a Qualified actuary with degree-level qualification

• Have general insurance experience gained from working either in an insurer or at an actuarial consultancy firm.

• Have experience of at least two of the following:

o Independent reserve reviews under different accounting bases for either

 Property and casualty classes of business with experience of the London and Bermuda market

 Personal lines experience

o Reserving process improvement and development work

o Development or review of Solvency II technical provisions and associated processes

o Reserve risk assessment using bootstrapping techniques

o Building and developing capital models or capital modelling techniques

o Deep experience in at least two of the commonly modelled risk types

o The review of Solvency II internal models and associated processes

o Knowledge of machine learning techniques

• Be a problem solver; tailoring what you have learnt from your experiences to date to different client problems to help design and implement the solution.

• Have a track record of managing projects, reserving activity and individuals.

• Be able to deal with outward-facing client management on projects

• Be commercially savvy and able to actively engage in discussions on future market trends and what this may mean for our clients.

Ideally you’ll also have

• Experience in applying analytical techniques to a range of data to solve problems.

• Visualisation packages including Tableau, Qlikview and Spotfire

• Understand the links between reserve assessment, pricing, claims and underwriting

What we are looking for

We are looking for candidates who are excited about helping Insurance companies improve the way they operate – whether this is through transformation of processes, underwriting and claims analysis, or through transactions and regulatory change.

You’ll thrive on being a numerate, logical thinker with a passion for this field and have a very strong attention to detail. Being a strong team player is important as well as someone who is happy to work flexibly on different clients and different engagements.

What working at EY offers

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around

• Opportunities to develop new skills and progress 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, 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.

Who we are

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.