Ernst & Young LLP ( EY India )

Senior AXIS Modeller - Life Insurance Actuarial

Ernst & Young LLP ( EY India )
Bengaluru/Bangalore
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 3 yearsMin. 3 years

Job Description

FS-Risk Consulting-Actuarial-Axis Modelling-Senior

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. 

 

Senior, AXIS modeller, Life Actuarial, EY GDS Consulting

 

  • Be part of a high-performing, supportive culture
  • Work with a team of collaborators, innovators and the brightest minds in the industry

 

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 Senior to join our Life Insurance Actuarial Practice delivering AXIS modeling 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

 

You can expect to work along with senior managers/directors to support large scale engagements and deliver high-quality client solutions. You will develop and maintain long-term relationships and networks, build and energize a high performing team.

 

Our growing team of professionals come from a diverse background, all committed to being long term trusted advisors to our clients.

 

  • Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
  • Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.

 

 

Key Requirements

 

As a Senior within the Life AXIS actuarial team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines.

 

  • Good understanding of US/Canada product lines and regulatory standards; hands-on LDTI/ IFRS 17 implementation experience in a modeler or tester capacity (desirable)
  • Experience of handling a small to moderate sized team will be an advantage
  • Ability to review work done by junior members, ensuring quality of work product during time sensitive deadlines
  • Ability to maneuver around existing modeling setup to incorporate the GAAP or STAT or LDTI / IFRS 17 cashflows
  • Understanding of AoC concept and AoC steps (unwinding, roll forward, assumption changes, experience variances)
  • Strong excel skills, capable of running and modifying macros used to transform Actuarial Cashflows
  • Ability to develop regression models on excel to test the model developments
  • Hands-on or Advance level experience in AXIS actuarial valuation software.
  • Strong experience on Excel is must and experience on VBA would be good
  • Good experience of preparing PPT decks
  • In-depth understanding of insurance products and regulations of US, Canada and other geographies

 

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 organisations. 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

 

  • 3-6 years of AXIS modelling experience or valuation / reporting / pricing experience (while working on AXIS) in life actuarial team of an insurance / consulting / outsourcing company
  • Good analytical skills
  • Ability to do investigations in models / reporting process and independently solve problems
  • Willingness to learn and apply learning actively in project work Proficiency in MS-Office Suite, Power BI, VBA, SAS, R Programming, Python, SQL, SPSS, etc., will be a plus

 

 

Ideally, you’ll also have

 

  • Good actuarial exam progress
  • Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations
  • The ability to build relationships with colleagues across the business, support them and promote a collaborative environment
  • Overseas exposure (especially US/Canada/Europe market experience)

 

 

What we look for

 

  • Up to date knowledge of the regulatory environment impacting insurers and other financial service organisations
  • Experience of supporting teams to high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues

 

 

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.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

Experience Level

Senior Level

Job role

Work location
Work locationBengaluru, KA, IN, 560016
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryRisk Management - Finance
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 3 years

About company

Name
NameErnst & Young LLP ( EY India )
Job posted by Ernst & Young LLP ( EY India )

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