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Actuarial Consulting Manager - Life - Financial Services Office
Join our Financial Services Office (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global market perspective. Aligned to key industry groups including asset management and private equity, banking and capital markets, and insurance, we provide integrated assurance, consulting, strategy & transactions, and tax services to our clients. As a market segment of the FSO, the BBC includes the Bahamas, Bermuda, British Virgin Islands, and Cayman Islands. By joining the BBC, you will receive unmatched exposure and experience to our continuously growing portfolio of diverse FSO clients.
The opportunity
We are currently seeking a qualified candidate to be considered for the position of Actuarial Consulting Manager (Life) in our Financial Services practice in Bermuda. Our Actuarial Consulting practice comprises two areas: Life/Health Insurance and Property/Casualty Insurance products and services. This exciting opportunity is in our Life practice in Bermuda and is a result of the continued growth in the Life insurance/reinsurance industry across the region. This position will involve working closely with other EY teams, particularly in the UK, Europe and US to deliver cross-border engagements to our clients. Here, you’ll be right at the heart of that mission, working directly with clients, mentoring and developing team members and building your personal brand.
Your key responsibilities
It’s all about providing the knowledge our clients need to execute strategies and resolve complex issues. We’ll look to you to lead client engagement teams in the Life area of our practice, in a wide variety of areas including:
- Financial Reporting
- Risk Management
- Actuarial Transformation
- Financial Modelling
- Mergers and Acquisitions
- Audit Support / Approved Actuary support
- Capital optimisation
- Investment advisory
- New business start-up services
- IFRS 17
Skills and attributes for success
- Effectively manage and motivate client engagement teams with diverse skills and backgrounds
- Foster relationships with client personnel at appropriate levels and consistently deliver quality client services
- Drive high-quality work products within expected time frames and on budget and monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes
- Develop and maintain long-term client relationships and networks, and stay abreast of current business and industry trends relevant to the client’s business
- Develop relationships with team members across all of EY’s practices to serve client needs
- Demonstrate in-depth technical capabilities and professional knowledge and a demonstrated ability to quickly assimilate to new knowledge
To qualify for the role you must have
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, and/or other related major
- A minimum of five (5) years of recent relevant experience in an actuarial-oriented position; prior actuarial consulting experience preferred
- Actively pursuing a professional actuarial designation with the Institute and Faculty of Actuaries, Society of Actuaries, or other internationally recognized association, with a minimum of five actuarial exams completed
- Proficiency in the use of spreadsheets and actuarial-related software/tools
- A proven ability to manage time while working on multiple, often shifting, projects, and the confidence to work both collaboratively and independently under pressure
- Excellent analytical and project management skills, along with a creative approach to overcoming challenges
- Excellent communication skills, including the ability to understand and persuade on complex subjects both in writing and verbally
Ideally, you’ll also have
- Prior consulting experience with some business development, sales and account management skills
- Ability to deliver proposals and contribute to strategic discussions at the senior management level
- Willingness and ability to travel to meet client needs
- Some managerial experience including leading teams across different projects
What we look for
We’re interested in highly motivated and intellectually curious individuals with a strong willingness to think outside of the box and a clear passion for actuarial work. You can expect plenty of autonomy in this role, so you’ll need the motivation to take initiative and seek out opportunities to improve our current relationships and expand our business in the evolving market. You’ll also need to be a great communicator, as well as flexible in the face of often rapidly changing projects. If you’re serious about consulting and ready to take on some of our clients’ most complex issues, this role is for you.
What we offer
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical, dental and vision coverage, competitive pension plan, generous vacation and leave entitlement(s), and a range of programs and benefits designed to support your physical, financial and social well-being.
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