Consultant, Business Consulting Risk

EY

Mumbai, Maharashtra, IndiaFresher1h agovia LinkedIn

About the Role

The role involves executing projects in the Actuarial space within the General Insurance – Global Market - Business Consulting Risk domain. The team advises clients on areas including Reserving, Pricing, M&A Support, Capital requirements and Solvency Framework, IFRS Reporting, Business Planning, Reinsurance Structure and Optimization, and Regulatory Compliance.

Key Responsibilities

  • Execute projects in the Actuarial space.
  • Play a proactive role within a multi-disciplinary EY team supporting client engagements.
  • Support engagements across Reserving, Product development and pricing, Statutory reporting, Solvency assessment, IFRS17 implementation, and Business planning.
  • Build appropriate Excel models for projects, incorporating client product features and relevant regulations.
  • Lend support on strands of research and Specialisms work (e.g., Solvency II updates, IFRS17) to provide key insights.
  • Develop cutting-edge proposals for winning new clients and engagements.
  • Work closely with the team to develop consistent standards and best practice.
  • Share knowledge effectively by submitting to the knowledge database.
  • Contribute to wider opportunities within EY and raise its profile externally (e.g., writing articles for The Actuary).
  • 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.

Requirements & Tech Stack

  • Proven ability to balance priorities and manage competing demands to agreed deadlines and quality.
  • Ability to give/receive constructive feedback.
  • Self-motivated, uses own initiative, and is outcome-focused.
  • Deals constructively with uncertainty and ambiguity.
  • Broad consulting and project management skills.
  • Excel (deep technical knowledge in modelling skills)
  • R, Python, SAS, SQL (working knowledge)

Qualifications

  • Hands-on experience of 6 months + into General Insurance (Actuarial domain).
  • Cleared minimum of 4 actuarial exams.
  • Good working knowledge of the relevant actuarial concepts and methodologies.
  • Knowledge of the latest accounting standard (IFRS17).
  • Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.
  • Strong communication, documentation, facilitation, relationship-building, presentation, and negotiation skills.
  • Highly flexible, adaptable, and creative.
  • Effective written and oral communication skills.
  • Ability to work in a collaborative manner to provide services across multiple client departments.
  • Practical approach to solving issues and complex problems.
  • Ability to deliver insightful and practical solutions.
  • Agile, curious, mindful, and able to sustain positive energy.

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