EY Advisory Services Senior - Financial Services - Insurable Risk Management in New York, New York

Advisory Services Senior - Financial Services - Insurable Risk Management


Requisition # NEW00ICM

Post Date Jun 21, 2017


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

We are the largest Insurance Risk Management Consulting Practice of the Big Four. We are a team of expansive capabilities, ranging from risk management and insurance services (e.g. claims review, policy review, vendor spending analysis) to alternative risk transfer solutions and other leading services sought by clients worldwide. We also operate as part of wider consultancy projects across the firm. This affords our team a particularly vast assortment of different career experiences. Join us, and you’ll experience a multitude of skill-building engagements while delivering your strengths to solve client problems across industries.

Your key responsibilities

As a Senior within the Risk and Claims group, you’ll be challenged to participate on engagement teams focused on several of the following areas:

  • Reserve Analysis

  • Risk/Claims management

  • Operational and procedural reviews

  • Claims audits

  • Data analytics pertaining to pricing and cost control

  • Multi-line claim adjudication (e.g. Workers Compensation, Liability, Auto and Property)

Skills and attributes for success

  • Participate in the engagement, focusing on complex and specialized insurance, claims, or risk management issues. Collaborate to determine an engagement strategy and create a plan. Communicate effectively with the client and the engagement team.

  • Develop and maintain productive relationships with client management. Focus on deliverables and prioritize. Manage expectations of service. Successfully manage to the budget. Stay informed of general business/economic developments and their impact to the client.

  • Develop people. Delegate work effectively. Contribute to on-the-job feedback/training and conduct performance reviews. Coach junior staff in pursuing actuarial examinations/credentials. Foster teamwork and innovative thinking.

  • Commit to developing knowledge. Use technology to continually learn, share knowledge with team members, and enhance service delivery. Respect/protect confidential client information. Maintain an educational program to continually develop skills.

  • Generate new business opportunities. Understand EY's service lines and actively assess/present opportunities for the firm to bring value to clients. Develop long-term relationships and networks.

To qualify for the role you must have

You will have general insurance experience gained from employment at in an insurer, risk management or at another qualified consultancy firm.

Specifically you will have experience in a majority of the following areas:

  • Bachelor's degree and approximately 2 years of related work experience; or a graduate degree and approximately 1-2 years of related work experience.

  • Degree in Insurance/Risk Management, Finance, Business Administration, and/or other related major.

  • Approximately 1+ years of experience in an insurance, claims, or risk management position.

  • Completion or significant progress towards the completion of an advanced, recognized insurance industry designation (e.g., AIC, ARe, ARM, CPCU), or an advanced degree (e.g., MBA, JD).

  • Strong writing and presentation skills.

  • Strong PC skills including, but not limited to, knowledge of spreadsheets.

  • The successful candidate must also be willing and able to travel, when necessary.

Ideally, you’ll also have

  • Completion or significant progress towards the completion of an advanced, recognized insurance industry designation (e.g., AIC, ARe, ARM, CPCU), or an advanced degree (e.g., MBA, JD)

What we look for

  • You will also need to be an effective communicator and able to deal with outward-facing client management on projects and cross-selling. You will have experience of managing projects and high performing teams.

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 15 days of vacation plus ten observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial and social well-being. 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 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.

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.