Risk Consulting – Senior - Actuarial, FAST implementation

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. 

Role name 

Senior, FAST Policy Admin System, 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 FAST policy admin system team 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.

Key Requirements

As a Senior within the Life Policy Admin System or FAST product configuration team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines.

• Strong life insurance and/or annuity product knowledge
• Product Values Testing (PVT) and expected-value development
• Actuarial testing tool development (Excel/VBA, Python preferred)
• Conversion validation and reconciliation experience
• Defect triage and root-cause analysis
• FAST, ALIP, LifePro, CyberLife, or similar PAS experience preferred
• Ability to translate product specifications into test scenarios and expected results
• 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 Life Policy Admin System or FAST product configuration.
• 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 Life Policy Admin System or FAST product configuration experience in life 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.

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