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Ernst & Young

Global professional services: consulting, assurance, tax

Risk Consulting - Actuarial, FAST Implementation, Manager

Implementation & Technical Account ManagementUpdated on Nov 14
Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

  • Qualified, partly qualified, or nearly qualified actuary, or Policy Administration System expert, with 8 to 15 years of experience in the life insurance industry in consulting, an insurer, or an insurance-services organization.
  • Ability to multitask and maintain a flexible work attitude, with analytical skills.
  • Strong knowledge of life insurance and/or annuity products.
  • Knowledge of product values testing and expected-value development.
  • Experience with actuarial testing tool development using Excel/VBA or Python.
  • Experience with conversion validation and reconciliation.
  • Experience with defect triage and root-cause analysis.
  • Experience with FAST, ALIP, LifePro, CyberLife, or a similar Policy Administration System is preferred.
  • Ability to translate product specifications into test scenarios and expected results.
  • Strong presentation and documentation skills.
  • Proficiency in Microsoft Office Suite, Power BI, VBA, SAS, R, Python, SQL, or SPSS is a plus.
  • Knowledge and experience in the insurance industry and/or consulting; recent Big Four experience leading actuarial engagements with recognized insurers is advantageous, ideally supplemented by employment in the insurance sector at an insurer, intermediary, or regulator.
  • Current knowledge of the regulatory environment affecting insurers and other financial services organizations.

Responsibilities

  • Develop and implement solutions within the insurance service line and in collaboration with other service lines, focused on Policy Administration System or FAST product configuration.
  • Provide high-quality results and effective solutions while working with Senior Consultants, Managers, and Senior Managers to deliver projects.
  • Apply problem-solving skills to new and complex situations with minimal supervision while maintaining quality and accuracy.
  • Provide focused solutions and training to staff and senior team members.
  • Ensure engagements are delivered on time and in line with quality commitments, driving projects to completion and maintaining high standards.
  • Establish and manage priorities and work plans, communicate activity status, and accumulate and report chargeable hours.
  • Maintain stakeholder focus and develop productive working relationships with stakeholders and team members.
  • Review junior members' work to ensure quality during time-sensitive deadlines.
  • Build and energize a high-performing team, support team delivery, and promote a collaborative culture.
  • Build and maintain long-term client relationships and networks.

Desired Qualifications

  • A strong academic background with a bachelor's degree emphasizing actuarial science, mathematics, statistics, or finance, ideally supplemented by a professional qualification.
  • Strong written and verbal communication skills for report writing, industry studies, and stakeholder presentations.
  • Experience handling a moderate-sized team.
  • Overseas exposure, especially experience in the US, Canada, Europe, the UK, or Australia markets.

About the Company

Ernst & Young

Global professional services: consulting, assurance, tax

EY (Ernst & Young) provides professional services at a global scale, offering consulting, assurance, tax, and transaction advisory services. It serves clients across industries such as technology, media, real estate, hospitality, and construction. Instead of selling a single product, EY works with clients through tailored engagements where cross-disciplinary teams analyze challenges, design strategies, perform audits, help with tax planning, and assist with mergers or divestitures. What sets EY apart is its worldwide reach and integrated service model, industry-specific expertise, and focus on responsible business practices like sustainability, cybersecurity, and workforce flexibility. EY’s goal is to help organizations improve performance, manage risk, and achieve sustainable growth while building a better working world.

Company size
5,001-10,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Boston, MA
Founded
1991

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