Actuarial Consulting Senior - Property & Casualty - Financial Services Office (FSO): Bermuda

Job description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself and a better working world for all.

 

Join our Financial Services Office (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global market perspective. Aligned to key industry groups including asset management and private equity, banking and capital markets, and insurance, we provide integrated assurance, consulting, strategy & transactions, and tax services to our clients. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse FSO clients.

 

The opportunity

We are currently seeking qualified candidates to be considered for the position of Actuarial Consulting Senior (Property & Casualty) in our Financial Services practice in Bermuda. Our Actuarial Consulting practice comprises two areas: Life & Health Insurance and Property & Casualty Insurance. This exciting opportunity is in our Property & Casualty practice in Bermuda, where you will provide clients with traditional actuarial services (e.g., reserving, pricing, capital modelling and mergers and acquisition support), as well as leading edge services covering areas such as financial reporting and measurement, financial risk management, modeling, hedging, reinsurance, securitization, economic capital and solvency.

 

Your key responsibilities

As a Senior within the Actuarial Consulting Services (Property & Casualty) group, you’ll be challenged to participate on engagement teams focused on several of the following areas:

 

·  Loss reserving analysis all lines of business and sectors (direct and reinsurance)
·  Loss Reserve Specialist Opinion for regulatory submission
·  New Business License Support
·  Capital Modelling and Economic Balance Sheet support to clients
·  Insurable risk management, self-insurance advisory services (across all industries)
·  Predictive Modeling and customer analytics
·  Actuarial Transformation® and modeling
·  Rate setting all lines of business
·  Financial forecasting, valuation
·  Product development
·  Mergers & acquisitions

 

Skills and attributes for success

·  Establish relationships with client personnel at appropriate levels and consistently deliver quality client services
·  Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes
·  Stay abreast of current business, regulatory and industry trends relevant to the client's business
·  Demonstrate in-depth technical actuarial capabilities and professional knowledge. Demonstrate ability to assimilate new knowledge
·  Remain current on new developments in advisory services capabilities and industry knowledge
·  Commit to developing a strong personal brand by staying informed regarding economic/market developments and their impact on the firm's clients
·  Continually progress towards attaining professional credentials from the Casualty Actuarial Society and/or other internationally recognized actuarial association

 

To qualify for the role you must have

·  Bachelor's degree in Actuarial Science, Mathematics, Statistics, and/or other related major
·  A minimum of 2+ years’ experience in an actuarial-oriented position; prior actuarial consulting experience preferred
·  Actively pursuing a professional actuarial designation with the Institute and Faculty of Actuaries, Casualty Actuarial Society, or other internationally recognized association, with a minimum of three actuarial exams completed
·  Proficiency in the use of spreadsheets and actuarial-related reserving and capital modelling software
·  Strong writing, presentation, conceptual, analytical, and interpersonal skills

 

Ideally, you’ll also have

·  Previous consulting experience or experience implementing new processes/procedures in a corporate environment
·  Previous experience in a Risk Based Capital Regime as well as IFRS17 would be preferred
·  Willingness and ability to travel to meet practice/client needs

 

What we look for

We’re interested in highly motivated and intellectually curious individuals with a strong willingness to think outside of the box and a clear passion for actuarial work.  You can expect plenty of autonomy in this role, so you’ll need the motivation to take initiative and seek out opportunities to improve our current relationships and expand our business in the evolving market. You’ll also need to be a great communicator, as well as flexible in the face of often rapidly changing projects. If you’re serious about consulting and ready to take on some of our clients’ most complex issues, this role is for you

 

What we offer

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, competitive pension plan, generous vacation and leave entitlement(s), and a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

 

·  Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
·  Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
·  Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
·  Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

 

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

 

EY, an equal opportunity employer, values the diversity of our workforce and the knowledge of our people.