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 description
Staff, Investments Actuarial, EY GDS Consulting


Global 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 opportunity
We are looking for a Staff member to join our Investments 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 dynamic Actuarial team, the members work on multiple client engagement teams that perform actuarial model building and validations, modeling assets to back insurance or pensions liabilities. 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 responsibilities
As a Staff member 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:

• Calculate the overall Solvency Capital Requirement (SCR) for an asset portfolio and individual risk charges under regulations such as Solvency II and Risk Based Capital 2.
• Develop new models / tailoring existing models for performing valuations of non-traditional / illiquid assets.
• Perform eligibility analysis for infrastructure investments under Solvency II.
• Perform extensive market research to evaluate capital implications for different investment strategies.
• Perform experience studies on valuation, methodology and assumptions.
• Develop solutions for sustainable finance and climate change risk modelling.
• Develop tools for various purposes such as SCR calculation, matching adjustment, valuation of assets.
• Be responsible for providing high quality results and generating effective solutions working along with Seniors, Managers or Senior Managers in delivering the project.
• Establish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hours.
• Maintain/develop productive working relationships with stakeholders and other team members.

Within the actuarial practice you will:

• Ensure that all statutory and company regulations are followed while processing work to protect client’s and business’ interests
• Contribute ideas and suggestions for improvements to process templates
• Train and share knowledge with colleagues
• Make steady progress with appropriate professional examinations as agreed with the line manager with the support of the company
• Stay informed of current business/economic developments relevant to the industry/ geography
• Document and communicate steps and processes used to arrive at the result and maintaining a high quality of deliverables.
• Investigate models / reporting process and independently solve problems.
• Undertake data cleaning, processing, working with large data sets, identifying inconsistencies in the data and preparing it for valuation process.
• Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales.

We 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 success
Skills 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 have

• 1-3 years of experience in Life Insurance or Investments
• Basic knowledge of Solvency II, Risk Based Capital 2, market risk, product cash flows, valuations and modelling.
• Understanding of traditional and illiquid asset classes such as Equity Release Mortgages, Derivatives etc.
• (Desirable) Modelling experience on any of the following: Excel, VBA, R, Python
• (Good to have) Basic knowledge of Environmental, Social and Governance investments and sustainable finance.

What we look for

• Life actuarial / investments / related background
• Deep knowledge and experience of the insurance industry and/or consulting
• Up to date knowledge of the regulatory environment impacting insurers and other financial service organizations.
• Experience of supporting teams to enable high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues.
• Strong academic background with a bachelor's degree with an emphasis in actuarial science, mathematics, statistics or finance related, supplemented ideally with a professional qualification.
• Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations.
• (Desirable) Sound analytical and technical skills, proficient in R, Python, VBA would be an advantage.

What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. 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.

About EY
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 new answers for the complex issues facing our world today.


If you can demonstrate that you meet the criteria above, please contact us as soon as possible.


The exceptional EY experience. It’s yours to build.



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 new answers for the complex issues facing our world today.