General Insurance Experienced Actuarial Professional

icon building Company : Ernst & Young
icon briefcase Job Type : Full Time

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Job Description - General Insurance Experienced Actuarial Professional

Here at EY, you’ll have the chance to build a career as unique as you are. We’ll empower you with the latest technology, surround you with high-performing teams, and provide the global scale and diverse and inclusive culture you need to discover your full potential. And we’re counting on your unique voice and perspective to help EY become even better, too. 

Join our continuously growing team, which employs over 2.500 professionals in Greece , and is listed in Greece's Top Employers, Great Place to Work and Best Workplaces for Women for 2024! Experience great  flexibility,  under our hybrid operating model across our offices in  Athens Patras , and  Thessaloniki , while benefiting from  personalized learning and  career development opportunities . We prioritize diversity, equity,  and inclusion , fostering an environment where everyone's unique perspectives are valued, that supports you in building an  exceptional experience for yourself , and a  better working world for all .  Our dynamic team is continuing to grow. Currently, we have opportunities for talented professionals with general actuarial expertise at the level of Experienced / Manager Consultant. EY's Global Actuarial Services practice, with over 1700 actuarial professionals, ranks in the Top 3 actuarial services practices in the world. We aim to provide truly integrated services across all disciplines in the Insurance and Financial Services industries. Through our deep knowledge of the global insurance industry, local regulatory requirements and our understanding of the industry, we have built a strong reputation as the leading actuarial and insurance advisor. The opportunity


This is an opportunity to become part of the EY General Insurance 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:

  • Participate in the technical delivery and reporting for a wide range of projects, taking ownership of at least one major workstream;
  • Demonstrate expert core consulting skills and advanced level of Actuarial knowledge and industry expertise to support delivery to clients;
  • Communicate with client contacts and help manage expectations of delivery, content, timescales and cost;
  • Participate in the preparation and presentation to clients at senior executive and board levels;
  • Contribute to projects as a topic / subject matter specialist;
  • Play your part in the development of intellectual property to support sales-oriented client interaction;
  • Assist in responding to client proposals;
  • Develop people through effectively coaching and mentoring more junior staff; and
  • Play a role in team administration tasks - such as feedback, counselling, finance, recruitment, learning, etc.
  • Keep up to date with industry news and trends, and actively identifying risks or opportunities to improve our services.

To qualify for the role you must have:

  • At least 3 years of experience as an actuary in the General insurance sector gained from working either in an insurer/reinsurer or at an actuarial consultancy firm;
  • You will be a qualified or partially qualified actuary and have a degree-level qualification;
  • Proven math and analytical skills, as normally acquired through the pursuit of a bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science, Engineering, Computer Science or any other quantitative degree;
  • Self-starter with strong analytical and problem-solving skills;
  • Reserve risk assessment using stochastic techniques;
  • 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 supervising workstreams and individuals;
  • Experience in pricing techniques will be positively evaluated;
  • Experience in reserving under Solvency II and current accounting standard for Property and Casualty classes of business;
  • Knowledge of finance and accounting practices, financial analysis, and reporting; ability to apply this knowledge appropriately to diverse situations.
  • IFRS 17 knowledge will be considered an asset;
  • Strong skills in large database, statistical packages for data manipulation and in development of predictive and prescriptive models (i.e. R, Python, SAS, SQL etc.); and
  • 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.

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.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

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

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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