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.Role name and descriptionSenior, P&C; Actuarial, EY GDS ConsultingGlobal Delivery Services is one of EY's greatest global assets – a network of service delivery centers that provide high-quality services at a competitive cost for all EY’s client serving and enablement teams. Every day, we combine our subject matter expertise with our technology and automation skills to develop new solutions that deliver greater value for EY. If you have a passion for enabling world class actuarial services globally to solve the most complex challenges in the financial services industry, come join our dynamic GDS team!The opportunityWe are looking for a Senior Consultant 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 agile 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.Our growing team of professionals come from a diverse background, all committed to being long term trusted advisors to our clients.Your key responsibilitiesAs a Senior Consultant 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 Senior Consultants,



Managers or Senior Managers in delivering the projectProvide focused solutions and training to Staff membersBe responsible for ensuring all engagement are delivered within timeDeliver engagements in line with our values and commitment to quality and ensuring that work is of high standardsEstablish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hoursActively look for automation and AI enhancement opportunitiesWithin the actuarial practice you will:Actuarial liability estimation for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting resultsAnalyze the historical claims data and identify potential issues and trends and report the findingsPerform valuation of reserves through IBNR models using the data supplied for estimationWorking knowledge of different loss projection methods and their applications along with the familiarity of different property and casualty lines of businessReview data, methodologies, assumptions, results and benchmark against the marketBe able to build models from scratchAssessment of technical provisions and standard formula/ other capital calculationsLarge loss analysis, rating factor analysis and CAT benchmarkingPerform ad-hoc research and development requests as requiredPreparations of report/memo sent to stakeholders showing results of the analysisMaintain strong focus in finishing Actuarial exams along with developing a strong subject matter expertiseKnowledge of ARIUS, ResQ or similar reserving software is desirable, but not mandatoryExposure to data analytics tools such as SQL and Alteryx is an added advantageFamiliarity with IFRS 17 or Solvency II frameworks is preferredStay informed of current business/economic developments relevant to the industry/ geographyMaintain strong focus in finishing Actuarial exams along with developing a strong subject matter expertiseWe 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 successSkills 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 have3+ 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, IFRS17, technical provision,



solvency II and risk management)Ability to multi-task and flexible work attitude packed with good analytical skillsExperience of handling a small team will be an advantageProficiency in MS-Office Suite, VBA, SAS, R Programming, Python, SQL, Alteryx, etc., will be a plusAI proficiency, automation mindsetGood exam progressIdeally, you’ll also haveStrong academic background with a bachelor’s degree with an emphasis in actuarial science, mathematics, statistics or finance related supplemented ideally with a professional qualificationStrong written and verbal communication skills for report writing, industry studies and stakeholder presentationsOverseas exposure (US, UK, AU market experience)AI Literacy – Good knowledge on GenAI, Agentic AI would be an added advantageWhat we look forDeep knowledge and experience of the insurance industry and/or consulting. Relevant recent big 4 experience in leading actuarial engagement with recognized insurers will be an advantage. This ideally should be complemented by employment experience within the Insurance sector either at an insurer, intermediary or regulatorUp to date knowledge of the regulatory environment impacting insurers and other financial service organizationsExperience of supporting teams to high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleaguesWhat we offerEY Global Delivery Services (GDS) is a dynamic and truly global delivery network. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.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 recent answers for the complex issues facing our world today.

📌 Risk Consulting - Actuarial - P And C -Au - Senior (Bengaluru)
🏢 EY
📍 Bengaluru