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EY

Actuarial - Non-Life Insurance (Financial Services) Senior Consultant/Manager, Risk Consulting

EY
BusinessSG, 048583Full-time2 weeks ago
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About the role

AI summarised

Senior Consultant/Manager role in Risk Consulting focusing on non-life insurance actuarial services. The role involves leading actuarial engagements, advising clients on reserving, pricing, capital modeling, and regulatory compliance such as IFRS 17 and Solvency II. The position requires strong technical actuarial skills and the ability to manage client relationships and project teams.

BusinessFull-timeGeneral

Key Responsibilities

  • Lead and manage actuarial engagements for non-life insurance clients, including reserving, pricing, capital modeling, and risk management.
  • Advise clients on the implementation of new accounting standards such as IFRS 17 and regulatory frameworks like Solvency II.
  • Develop and review actuarial models and methodologies to ensure accuracy and compliance.
  • Prepare and present actuarial reports and findings to clients and senior management.
  • Manage project teams, providing guidance and mentorship to junior consultants.
  • Build and maintain strong client relationships, identifying opportunities for additional services.
  • Contribute to business development activities, including proposal writing and client pitches.
  • Stay updated on industry trends, regulatory changes, and emerging risks affecting the insurance sector.

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or Finance.
  • At least 5-10 years of experience in non-life insurance actuarial roles, preferably within a consulting environment.
  • Strong progress towards or attainment of actuarial fellowship (e.g., FSA, FIA, FCAS, or equivalent).
  • In-depth knowledge of reserving, pricing, capital modeling, and risk management techniques.
  • Experience with IFRS 17 and Solvency II implementation is highly preferred.
  • Proficiency in actuarial software and advanced Excel skills.
  • Excellent analytical and problem-solving abilities.
  • Strong communication and presentation skills, with the ability to convey complex actuarial concepts to non-technical stakeholders.
  • Proven ability to manage multiple projects and deliver high-quality work under tight deadlines.
  • Experience in business development and client relationship management.