Job Summary

Staff, PC Actuarial, EY GDS Consulting

We are looking for a Staff member to join our General Insurance Actuarial Practice delivering solutions to the leading clients in Insurance Sector, working closely with other Staff/Assistants, Consultants/Seniors, Managers, Senior Managers or Client partners in EY s global network of insurance sector and consulting professionals.

Within our talented and dynamic Actuarial team, the members work on multiple client engagement teams that perform actuarial model building and validations, reserving (actuarial liability estimation), due diligence, premium calculation, valuation analysis for IFRS, GAAP, and Statutory calculations and review, capital/risk modeling and other related actuarial projects for General and Health insurance businesses. The team members also receive on-the-job training to acquire practical experience in addressing business/technical issues and in applying industry knowledge and EY policies/procedures on client engagements. The position is designed to enable the member to pursue actuarial exams while developing the basic skills needed to be a successful actuarial consultant, combining both excellent learning and career opportunities.

Your key responsibilities

As a Staff member within the Actuarial team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines.

- On engagements, you will:
- Be responsible for providing high quality results and generating effective solutions working along with Seniors, Managers or Senior Managers in delivering the project
- Establish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hours
- Maintain/develop productive working relationships with stakeholders and other team members





- Within the actuarial practice you will:

- Estimate actuarial liability for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting results
- Analyze the historical claims data and identify potential issues and trends and report the findings
- Perform valuation of reserves through IBNR model using the data supplied for estimation
- Review data, methodologies, assumptions, results and benchmark against the market
- Assessment of technical provisions and standard formula/ other capital calculations
- Large loss analysis, rating factor analysis and CAT benchmarking
- Updating the report/memo sent to stakeholders showing results of the analysis
- Maintain robust focus in finishing Actuarial exams along with developing a strong subject matter expertise
- Knowledge of ARIUS or similar reserving software is desirable, but not mandatory
- Exposure to data analytics tools such as SQL and Alteryx is an added advantage
- Familiarity with IFand Solvency II frameworks is preferred
- Stay informed of current business/economic developments relevant to the industry/ geography

We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth, leveraging and supporting our global network.

Skills and attributes for success

- Skills and attributes for a successful career at EY require a learning mindset and passion to add value to GDS,



member firms and client organizations. Bright and enthusiastic individuals who give their all to each assignment they work on will find themselves at home within our energetic GDS actuarial team.

To qualify for the role, you must have

- 1+ years experience in the General Insurance industry, either within a consulting firm or an Insurer or an organisation providing Insurance services (such as reserving, capital modelling, pricing, rate filling, CAT modelling, IFtechnical provision, solvency II and risk management)
- Ability to multi-task and flexible work attitude packed with good analytical skills
- Proficiency in MS-Office Suite, VBA, SAS, R Programming, Python, SQL, Alteryx etc., will be a plus
- Good exam progress

Ideally, you ll also have

- Strong academic background with a bachelor s degree with an emphasis in actuarial science, mathematics, statistics or finance related supplemented ideally with a professional qualification
- Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations
- Overseas exposure (especially Australia/UK/US/Europe market experience)

What we look for

- Deep knowledge and experience of the insurance industry and/or consulting.
- Up to date knowledge of the regulatory environment impacting insurers and other financial service organizations
- Experience of supporting teams to high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 FS-RC-Actuarial-UK Investments-Staff (Uttar Pradesh)
🏢 EY
📍 Uttar Pradesh