EY - Actuarial Role - General Insurance - Reserving Indian Market

JOB DESCRIPTION :

COMPANY NAME : Ernst & Young Actuarial Services LLP

ROLE / PRIMARY (KRAs) :

• The Incumbent will be responsible for executing projects in the Actuarial space
• We are looking for Actuaries with varying experience in the Indian / Global insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include
• Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across
• Reserving,
• Product development and pricing
• Statutory reporting,
• Solvency assessment,
• Ifrs17 implementation
• Business planning.
• Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations.
• Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants
• Develop cutting edge proposals for winning new and different clients / engagements
• Work closely with the team to develop consistent standards and best practice.
• Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database
• Contribute to wider opportunities within EY and to raising its profile externally e.g. taking an active role in writing articles for The Actuary

Which Essential & Desirable skills are required?

Essential Technical Skills :

• Develop and maintain deep technical knowledge in Excel modelling skills
• Present internally and externally on areas of technical specialist knowledge
• Develop reports and presentations for the client

Good technical understanding of at least one of the following areas :

• Reserving techniques
• Pricing and product filing
• Business planning and capital modeling
• IFRS 17 implementation

People Skills :

• Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries.
• Good team player

Behavioral :

• Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality.
• Ability to give / receive constructive feedback
• Self-motivated, uses own initiative and is outcome-focused.
• Dealing constructively with uncertainty and Good working knowledge of the relevant actuarial concepts and methodologies
• Working knowledge of tools like R, Python, SAS, SQL etc.
• Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world.
• Confidence in speaking and expressing views through a variety of platforms like publications (internal / external), seminars etc.

(ref : iimjobs.com)