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Senior Consultant or Manager - Actuarial - Life Insurance and Wealth Management

EY
Sydney, FL Full Time
POSTED ON 12/14/2024 CLOSED ON 2/9/2025

What are the responsibilities and job description for the Senior Consultant or Manager - Actuarial - Life Insurance and Wealth Management position at EY?

 

 

 

Senior Consultant or Manager – Actuarial – Life Insurance and Wealth Management

 

If we inspire you to do the work you love, will you still call it work?

 

At EY we believe that whoever you are, your uniqueness helps us stand apart. 

 

We bring together extraordinary people, like you, to build a better working world.

 

What’s in it for you? 

 

As our Senior Consultant or Manager, you’ll provide actuarial consulting services to clients across the Life Insurance, Superannuation and Wealth Management sectors. You’ll be leading and managing projects to deliver high-quality outcomes and strategic insights.

 

  • Make a significant impact by helping clients manage risk, optimise performance, and drive growth.
  • Work with a diverse range of clients in the Life Insurance, Superannuation and Wealth Management sectors.
  • Work across our broader Financial Services practice, alongside strategy, transactions, tax, technology and risk professionals. 
  • Access to a wide range of learning and development opportunities to support your career growth.

 

Responsibilities:

 

  • Provide actuarial consulting services to clients across the Life Insurance, Superannuation and Wealth Management sectors.
  • Lead and manage actuarial projects, ensuring timely delivery and high-quality outcomes.
  • Deliver pragmatic commercial solutions to our clients.
  • Collaborate with senior actuaries and stakeholders across a diverse range of projects, including business transformation, capital and risk management, pricing, product innovation, liability valuation and appointed actuary work.
  • Develop and implement actuarial models and methodologies to support client needs.
  • Help clients to gain fresh insights to quantify their risk and improve their performance.
  • Conduct risk assessments and provide strategic advice on risk management and regulatory compliance.
  • Mentor and develop junior team members, fostering a culture of continuous learning and development.
  • Stay abreast of industry trends and regulatory changes, ensuring clients are well-informed and prepared.

 

What we’re looking for

Here’s our ‘wish list’ but don’t worry if you don’t tick all the boxes. We’re interested in your strengths, what you want to learn, and how far you want to go. 

 

  • Qualifications and Experience: A Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field, along with a professional actuarial qualification (e.g., FIAA) or significant progress towards it. Experience in coding, programming, and AI/GenAI is also preferred.
  • Skills and Abilities: Strong analytical and problem-solving skills to interpret complex data and provide actionable insights. Excellent communication and interpersonal skills to build and maintain client relationships.
  • Industry Knowledge: In-depth knowledge and experience in the life insurance, superannuation, or wealth management sectors, covering areas such as product development and pricing, capital management, risk management, asset and liability valuation, IFRS 17, Prophet modelling, embedded value reporting, unit pricing, and retirement incomes.
  • Project Management and Leadership: Ability to manage projects, pursue new opportunities, and develop and mentor junior staff. Demonstrate initiative, a can-do attitude, and energy to try new things.
  • Adaptability and Continuous Learning: Comfortable with complexity and flexibility to work in a dynamic environment that evolves with technological change. Stay up to date with market trends, legislation, and regulatory changes, and contribute to business thought leadership.

 

What we can offer you 

 

  • Explore how a career at EY is yours to build at www.ey.com/au/careerdevelopment 

  • Discover how, when and where you can work at www.ey.com/au/flexibility 

  • Learn about our commitment to DE&I at www.ey.com/au/diversity-inclusiveness 

  • Discover the various ways our benefits can cater to your needs, across wellness, financial wellbeing, and family-friendly policies which include 26 weeks gender neutral paid parental leave at www.ey.com/au/benefits  

 

Acknowledgement of Country 

 

EY acknowledges the Traditional Owners and Custodians of the lands on which EY offices are located around Australia. We pay our respects to their cultures, and to their Elders — past, present, and emerging. Find out more about our vision for reconciliation at www.ey.com/au/reconciliation 

 

Apply now… we’re over 9,000 perspectives in Australia and we’re ready to welcome yours.  

  
Diversity, equity, and inclusiveness (DE&I) are core to who we are, how we work and how we live our values. We hold a collective commitment to continue to drive an environment where all differences are valued, practices are equitable, and everyone experiences a sense of belonging— where people are inspired to team and lead inclusively in their interactions every day. We encourage applications from people of all ages, nationalities, abilities, cultures, sexual orientations, and gender identities and are committed to providing an equitable and barrier free recruitment experience for all. We encourage you to share any support and adjustments you need to be your best and participate equitably in our recruitment process. We understand sharing your needs with us can be daunting, so if you have questions before or during your application, we welcome you to get in touch at contactrecruitment@au.ey.com or 61 3 8650 7788 (option 2). Anything you tell us will be kept completely confidential. 

 

The exceptional EY experience. It’s yours to build. 

#LI-Hybrid 

 

EY | Building a better working world 

 

Our preferred applicant will be required to undertake employment screening by EY or our external third-party provider.

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