EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.
EY UK Insurance Risk & Reg team combined with the actuarial team is the largest in EMEIA and have a market leading position in risk management, leading on many Solvency II and enterprise risk management engagements with large multinational clients.
The EY Enterprise Risk Services practice delivers sustainable benefits to our clients though enhancing business decisions using improved and effective risk management.
As a consultant within the Risk and Regulatory Advisory team in Insurance your typical engagements supported by our insurance professionals include:
Design and review of end-to-end risk management frameworks
Design and review of governance and organisational structure
Support firms as they prepare for Brexit
Risk management culture and effectiveness design and review
- Contribute to the articulation of EY findings, conclusions and recommendations in writing or verbally
Support the analysis of emerging issues, the articulation of an EY point of view and the development of an EY proposition
Responsible for engagement planning, management, and leading small teams in insurance engagements
Lead EY work on-site on a day to day basis
Support bids and proposals for new client opportunities and grow existing valued relationships
Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
Mentor staff and conduct performance reviews and contribute to performance feedback for staff
To qualify for the role you must have:
Typically 3+ years experience of General and/or Life Insurance risk experience at a major insurer, broker or intermediary, PRA or another Advisory firm
Knowledge and experience of risk management frameworks in insurance organisations
Up to date knowledge of the regulatory environment impacting insurers
Strong project management experience ideally relating to risk projects in insurance businesses
- Strong academic background at least a 2:1 within a Bachelor's degree (or equivalent) in a business, actuarial or finance related degree
Ideally you will also have
- Robust presentation skills and professionalism
Report writing and presentations skills
Client management skills and ability to build and develop networks and relationships
Ability to prioritise and challenge
Ability to work in a consulting role, with the ability to build networks and relationships
What we look for:
We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
Support, coaching and feedback from some of the most engaging colleagues around
Opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way that’s right for you
As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world.
Who we are
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance
Please note: Prior to finalizing your application, you will be asked to provide
personal information across several dimensions of diversity and inclusiveness. The
information you provide is kept entirely confidential and will not be used to evaluate your
candidacy. We collect this data to help us analyse our recruitment process holistically
and implement actions that promote diversity and inclusiveness. While optional, we encourage
you to provide this information to hold us accountable towards our goal of building a better
working world. We ask because it matters!