Life Insurance Experienced Actuarial Professional
Internship Αθήνα (Δήμος Αθηναίων) Teaching
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.
We’re looking for an experienced actuarial professional to join our team and to assist us with numerous projects in the Life Insurance field.
EY's Global Actuarial Services practice, with over 1700 actuarial professionals, ranks in the Top 3 actuarial services practices in the world. we aim to provide truly integrated services across all disciplines in the Insurance and Financial Services industries. Through our deep knowledge of the global insurance industry, local regulatory requirements and our understanding of the industry, we have built a strong reputation as the leading actuarial and insurance advisor.
The opportunity
This is an opportunity to become part of the EY life insurance success story in Greece and across Europe.
We offer a wide range of services, providing a mix of advisory and assurance assistance to clients on:
· IFRS 17
· Financial and actuarial transformation
· Solvency II
· Regulatory reporting
· Reinsurance & capital management
· Financial reporting
· Reserving
· Pricing & product development
· Internal model approval support
· Internal model validation
· Enterprise Risk Management
· Operational Excellence
Our business model ensures that:
· our competencies extend beyond other actuarial consultancies;
· we leverage the synergies of being part of broader European and global actuarial teams and collaborating in numerous international engagements;
· we enjoy the advantages of being part of 'Big 4 firm' multi-service-line offerings; and
· we combine consulting, audit and audit-related projects with a global client reach
Your key responsibilities
· Participate in the technical delivery and reporting for projects, taking ownership of at least one major workstream;
· Communicate with client contacts and help manage expectations of delivery, content, timescales and cost;
· Participate in the preparation and presentation, to clients at senior executive and board levels; Assist in responding to client proposals;
· Contribute to projects as a topic / subject matter specialist
· Play your part in the development of intellectual property to support sales-oriented client interaction;
· Develop people through effectively coaching and mentoring more junior staff; and
· Play a role in team administration tasks - such as feedback, counselling, finance, recruitment, learning, etc.
To qualify for the role, you must have
· 3 - 5 years of experience in life or health insurance sector gained from working as an actuarial professional either in an insurer or at an actuarial consultancy firm;
· You will be a qualified or partially qualified actuary and have a degree-level qualification;
· Proven math and analytical skills, as acquired through a bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science, or other quantitative degree
· Experience in reserving under Solvency II and current accounting standard for Life and Health business;
· Experience in stochastic valuation techniques;
· A committed approach to continuous professional development is required.
Ideally, you’ll also have
· Effective communication skills and the ability to deal with outward-facing client management on projects and on-selling;
· The ability to work with a variety of stakeholders at all levels;
· Experience in supervising workstreams and individuals.
· Experience in pricing techniques and product development will be positively evaluated;
· Experience with PRIIPS requirements will be appreciated;
· Modeling skills in actuarial software such as AFM, Prophet, Moses etc. will be positively evaluated;
· IFRS 17 knowledge will be considered an asset
What we look for
We are in a strong position to build on our existing client-base which varies by market sector, and by size. These projects are demanding an increased level of classic consulting skills - more intensive client interaction, much wider than actuarial, and up to senior executive and board level.
What we offer
We offer a competitive compensation package where you will be rewarded based on your performance and recognized for the value you bring to our business. In addition, our rewards package includes 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.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
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