Actuary - EY
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Actuary - EY
Yesterday by eFinancialCareers
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Salaried Partner, Non-Life Actuarial - Retail and UK Commercial

London or Bristol

The EY UK Financial Services Non-Life Actuarial team has a track record of delivering market leading insights and value to our clients.

Over the past 12 months, we have grown the UK retail (and UK commercial) part of our business through new audit wins and supporting clients in transforming their business in areas such as legal entity restructuring, replatforming and developing new pricing tools, mergers & acquisitions, market entry and reserving transformation.

We are looking for an experienced Actuary who can lead and grow further our retail (and UK commercial) business, looking to build on our successes.

Our UK actuarial practice is a large team with a strong and exciting growth trajectory:

  • Our actuarial team is the heartbeat of the EY Insurance team and key to unlocking new opportunities for the retail sector - there are opportunities to work alongside other Insurance professionals with different backgrounds to support all client needs.
  • Growing retail is a core part of our overall strategy to build on the significant investment from the EY firm to support UK retail. With support from UK leadership, we have plans to grow our footprint further in this space over the coming years.
  • Our Motor and Household Insurance Seminars provide insights and are noted by the Retail market as a differentiator and regularly discussed by our clients' C-suites and investors.
  • There are significant opportunities to grow the portfolio linked to pricing, actuarial transformation, claims and wider analytics.
  • EY have a market leading transformation practice in Retail insurance and the actuarial team play an integral role in supporting this practice.
  • We have also onboarded new Retail clients through audit transitions, which gives us access to market insights / key individuals at clients to build relationship and leverage our knowledge to consulting clients.
  • This growth is supported by a mature portfolio of annuity reserving / Audit revenue from the wider Non-Life Actuarial team.
We place a great focus on our people and offer a great opportunity to learn and develop in a collaborative environment.

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.

The opportunity

The opportunity is to lead the Retail Actuarial team within EY, working closely with the UK Actuarial Partner group and Insurance community within EY.

Retail has been a growth area of our business with the onboarding of a number to key audits and consulting engagements. We are looking for a leader who can consolidate and build on this growth in the coming years within the Consulting.

It is a chance to shape the future growth of the team whilst benefitting from being part of, and having the full support of, a wider, established, actuarial team which has a strong reputation in the market and all the advantages of being part of a "Big 4 firm" with multi-service-line offerings.

This role offers exceptional opportunities for personal growth and advancement, to develop your wider business knowledge, and to build internal and external relationships across disciplines and across borders.

Our wider actuarial team has a strong reputation in the market for bringing bespoke offerings to our clients which recognise the uniqueness of our clients' portfolios and needs.

We have capabilities broader than the conventional actuarial fields of traditional reserving, capital, pricing and modelling: we also operate as part of wider consultancy projects embracing strategy, risk management, analytics, stochastic reserving, economic capital, capital optimisation, Solvency II and UK, and IFRS 17 and other prudential regime changes.

We are at the forefront of these areas, with best in class tools and knowledge, built up over several years. Our business model ensures that:
  • Our expertise extends beyond boutique actuarial consultancies;
  • Our team and our people have autonomy to lead the direction of the business and win the right opportunities;
  • We leverage the synergies of being part of broader European and Global actuarial teams;
  • We enjoy the advantages of being part of a "Big 4 firm" with multi-service-line offerings; and
  • Our people enjoy the benefits of being able to participate in a wide variety of actuarial and insurance work; combining audit, audit-related and non-audit projects with a global client reach.
Your key responsibilities
  • Elevate EY's Retail brand with our clients through a combination of Thought Leadership and external events.
  • Business development; including the development of long-term trusted advisor relationships with our clients across the C-suite (CEO, CFO, CRO, and Chief Actuary). You will develop meaningful propositions around the biggest challenges in the market, lead pursuits and RFP responses.
  • Lead large and complex engagements including audits from strategy to execution, whilst providing insights to our clients and working with other EY teams.
  • Effectively leverage your knowledge and experience to support the delivery of key Actuarial projects, nurture valuable relationships both within EY and with clients, and develop strong capabilities through both formal training and working with senior mentors and talented colleagues.
  • Build and lead high performing teams, coaching, mentoring and serving as a role model for our people, and supporting and fostering a positive learning culture.
  • Contribute to the running of the Actuarial team, input into strategy and lead key initiatives.
  • Support and lead team operations to ensure team development; feedback, strategy, counselling, finance, and recruitment.
Skills and attributes for success

We are looking for people with a track record of developing and delivering new business opportunities within a consulting environment. Candidates should have:
  • Deep knowledge of the UK retail sector.
  • Technical and Industry Expertise - Understanding of the current market and regulatory environment and how this is affecting General Insurance companies and their operating model.
  • Strong client management skills to lead the dialogue with client project sponsors and fully manage expectations of delivery, content, timescales and cost.The ability to build and manage close clients relationsh
  • Reference: 54905171
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