At a Glance
- Tasks: Deliver exciting client projects and create innovative insights in the Life Actuarial sector.
- Company: Join EY, a global leader in assurance and advisory services.
- Benefits: Competitive salary, flexible working, comprehensive study support, and career development opportunities.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Shape the future with confidence while working on diverse and impactful projects.
- Qualifications: Strong background in life insurance and excellent communication skills required.
The predicted salary is between 63000 - 77000 £ per year.
At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
EY Life Actuarial is hiring! Join our award-winning actuarial team and work with some of the strongest actuarial practitioners on a range of exciting client projects. Our client base is diverse. We work in the insurance sector with traditional insurers and reinsurers both in the UK and globally, with the Life Actuarial practice being a core component of our insurance sector service offering. More broadly we support clients such as asset managers, hedge funds, industry bodies and start-ups, to name a few, who interact with insurers or insurance business.
Our UK team is one of the largest of EY’s actuarial practices globally, regularly supporting other actuarial teams in different locations as well as service lines in the UK. The size of the practice and range of projects available gives our team members a diverse and challenging environment to continually develop and learn. We want actuaries who are not just great technicians but brilliant consultants. Actuaries who can build networks, spot industry trends and solve industry problems.
The opportunity
We are looking for a high performing Senior Consultant to join our Life Actuarial practice. As a member of the team, you will be at the front and centre of delivering exciting client work and working with our internal teams to turn the latest ideas into client ready propositions. The work we deliver is broad, and includes:
- Traditional reporting and audit support
- Mergers & acquisitions, both buy and sell side due diligence
- Capital management, including regulatory support such as Internal Model reviews/applications and strategic change, such as optimisation, Part VII transfers and independent expert support
- Transformation including accounting change and operational change
- Technology change including analytics, automation and GenAI
- Investment advisory, supporting both insurers and asset managers interfacing with insurers
This role can be based out of London, Bristol or Edinburgh.
Your key responsibilities
- You will assist in the delivery of key projects for our clients on a wide range of topics.
- You will create innovative and commercial insights for clients, adapt methods and practices to fit operational teams and cultural needs, and contribute to thought leadership.
- You will contribute to improving operational efficiency on projects and internal initiatives, consistently driving projects to completion making sure that the work delivered is best in class.
- You will be expected to manage your time and be responsible for delivering to both clients and internal stakeholders, keeping a clear focus on anticipating and identifying risks, and escalate issues as appropriate.
- Working closely with colleagues, you will create a positive learning culture and coach and counsel junior team members and help them to develop.
- You will contribute to the development of EY capabilities in technical areas and engage with clients regarding the application of these methodologies to their businesses.
- You will collaborate with colleagues outside of UK Life Actuarial to deliver multi-disciplinary and cross-geographical work.
Skills and attributes for success
- Strong technical / mathematical skills
- Good written and verbal communication skills
- Project management skills and ability to work independently, demonstrating initiative and commitment to delivery
- Very keen attention to detail
To qualify for the role you must have:
- Successful track record in life insurance, gained through working for a provider directly or a top tier consultancy or a specialist financial services consultancy.
- Strong academic record, including a degree and professional qualifications (specifically, either a part qualified or newly qualified actuary with a good actuarial exam record).
- Experience running or contributing to a range of projects.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. For actuarial students we also offer a comprehensive study support package, including study days, and financial support for the study materials and exam entry fees.
Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
About EY
As a global leader in assurance, tax, advisory services, strategy and transaction, we’re using the finance products, expertise and systems we’ve developed to shape the future with confidence. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible. Join us in shaping the future with confidence. Apply now.
Please note: Prior to finalizing your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world.
Senior Consultant, Life Actuarial in Bristol employer: EY
EY is an exceptional employer that fosters a collaborative and innovative work culture in Birmingham, providing employees with the opportunity to lead complex tax engagements for prestigious multinational clients. With a strong emphasis on professional development, EY offers extensive training and growth opportunities, ensuring that you can advance your career while making a meaningful impact in the dynamic field of corporate tax.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consultant, Life Actuarial in Bristol
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like EY). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like EY. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Consultant, Life Actuarial in Bristol
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at EY.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at EY. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at EY
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at EY to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at EY, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding EY's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
