junior actuarial & insurance consultant

This is an opportunity to become part of the EY Actuarial success story in Greece and across Europe.

We offer a wide range of services, providing a mix of consulting and assurance assistance to clients, including but not limited to:

• IFRS 17 Implementation

• Reserving

• Risk pricing & pricing optimization

• Financial and actuarial transformation

• Technology change including analytics and automation

• Actuarial models development

• Solvency II

• Regulatory reporting

• Reinsurance & capital management

• Financial reporting

• Internal model approval support

• Internal model validation

• Enterprise Risk Management

• Operational Excellence

Our business model ensures that:

• our competencies extend beyond other actuarial consultancies;

• we leverage the synergies of being part of broader European and global actuarial teams and collaborating in numerous international engagements;

• we enjoy the advantages of being part of "Big 4 firm" multi-service-line offerings; and

• we combine consulting, audit and audit-related projects with a global client reach.

Your key responsibilities

As a member of the Actuarial team, you will make a significant technical contribution to Insurance & Actuarial client engagements and internal projects. In particular:

• Participate in the technical delivery for a wide range of client assignments in either Insurance (Non-Life, Life insurance, Health or pension businesses) and Financial sector industry covering traditional actuarial activities like reserving, pricing, modelling, financial reporting (e.g. Solvency II, IFRS 17) or audit as well as broader topics like mergers and acquisitions, new legislations, big data / analytics, risk and capital management;

• Work effectively as a team member, sharing responsibility and knowledge, providing support, maintaining communication and update other senior team members on progress;

• Contribute to the attainment of group and individual goals by sharing knowledge, identifying business opportunities and productivity and facilitating teamwork;

• Challenge yourself in an international context through various client assignments.

To qualify for the role you must have:
 

• 0-2 years of experience as an actuary in the insurance sector gained from working either in an insurer or at an actuarial consultancy firm;

• Proven math and analytical skills, as normally acquired through the pursuit of a bachelor's degree in Mathematics, Statistics, Economics, Engineering, Actuarial Science, Computer Science or any other quantitative degree;

• Strong team player with a passion for excellence and commitment to delivering work on time and with a flexible working style enjoying working with multi-national teams;

• A consulting mind-set, comfortable navigating through periods of ambiguity and change, and can effectively manage competing priorities;

• A committed approach to continuous professional development is required;

• Excellent written and verbal communication skills for technical writing and client presentation.
   

Ideally, you’ll also have:

• Experience in pricing techniques will be positively evaluated;

• Experience in reserving under Solvency II and current accounting standard;

• IFRS 17 knowledge will be considered an asset;

• Good skills in large database, statistical packages for data manipulation and in development of predictive and prescriptive models (i.e. R, Python, SAS, SQL etc.);

• Experience in Data Visualization tools (i.e. PowerBI, Tableau) for integration between different data sources, design and implementation of KPIs and generation of visualizations that will facilitate extraction of business insights;

• You will be a qualified or partially qualified actuary and have a degree-level qualification;

• Experience in sustainability matters and good understanding of the ESG developments, particularly for insurers.

What We Look For

We are in a strong position to build on our existing client-base which varies by market sector, and by size. These projects are demanding an increased level of classic consulting skills - more intensive client interaction, much wider than actuarial, and up to senior executive and board level.

The team will be strengthened by experienced candidates who bring with them, or are willing to rapidly develop, both consulting skills and expertise in the effective business application of software.

What we offer 

• Competitive remuneration package: You’ll be rewarded for your individual and team performance. Depending on your experience, our comprehensive rewards package includes benefits that suit your needs including cutting-edge technological equipment, ticket restaurant vouchers, a private health insurance scheme, life insurance, income protection and an exclusive EY benefits club that provides a wide range of discounts, offers and promotions. 

• Flexible working arrangements: We operate under a hybrid working model, which is defined based on both your own preferences and team’s needs, and we enjoy our summers with short Fridays.

• Personalized learning experience and career development: We provide free and unlimited access to educational platforms and EY Badges, support certifications, and provide coaching and feedback, as a part of our Leadership & Development process, all of which can lead to a meaningful impact and success as defined by you.

• 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.

• International Experience: Become part of international projects and work along multicultural teams, through our global network.

• Above all, you will be working in one of the most recognized employers in Greece, as we have been awarded the Top Employers, Great Place to Work and Best Workplaces for Women awards for 2024.