Senior Consultant - Financial Services - Insurance and Actuarial Advisory Services
EY · Boston, MA, US
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About the Role
Our actuarial advisers combine technical depth, business judgment and creative thinking to help clients address complex challenges and pursue growth. As a Senior Consultant, you will be right at the heart of that mission, directly with clients and starting to build your personal brand as a leader in your field.
Responsibilities
- Providing the knowledge our clients need to execute strategies and resolve complex issues.
- Playing significant roles in client engagement teams in our practice, in a wide variety of projects including: Product strategy and innovation, Model development and optimization, Actuarial transformation, Mergers and Acquisitions, Reinsurance and capital optimization, Financial and regulatory reporting, Assurance, Enterprise strategy.
Requirements
- A bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or another related quantitative major.
- Approximately 3+ years of relevant life/annuity actuarial experience (consulting, carrier, or reinsurer).
- Meaningful progress toward Society of Actuaries credentials (ASA or advanced ASA candidacy).
- Exposure to U.S. Life, Health, and Annuity products, including prominent features, product dynamics, and key actuarial considerations.
- Familiarity with U.S. statutory, GAAP, and tax reporting frameworks, and awareness of emerging regulatory developments (such as VM-22, Bermuda EBS, LDTI, IFRS 17).
- Working knowledge of at least one core life actuarial discipline (e.g., actuarial transformation and modeling, reinsurance and strategy, capital solutions, profitability management, financial reporting, actuarial audit, regulatory advisory, or business transformation).
- Familiar with at least one prominent actuarial modeling software platforms, including but not limited to: Moodys GGY AXIS, FIS Prophet, Milliman ALFA/Integrate, Aon Benfield PathWise, Slope, PolySystems, among others.
- Strong writing, presentation, conceptual, analytical, project management, and interpersonal skills.
- A proven ability to manage time while working on multiple, often shifting, projects, and the confidence to work both collaboratively and independently under pressure.
- Willingness and ability to travel to meet client needs.
Skills
- Actuarial Science
- Mathematics
- Statistics
- Finance
- Economics
- Quantitative analysis
- Life/annuity actuarial experience
- U.S. Life, Health, and Annuity products
- U.S. statutory, GAAP, and tax reporting frameworks
- Emerging regulatory developments (VM-22, Bermuda EBS, LDTI, IFRS 17)
- Life actuarial disciplines
- Actuarial modeling software platforms (Moodys GGY AXIS, FIS Prophet, Milliman ALFA/Integrate, Aon Benfield PathWise, Slope, PolySystems)
- Writing
- Presentation
- Conceptual thinking
- Analytical skills
- Project management
- Interpersonal skills
- Time management
- Collaboration
- Independent work
- Working under pressure
- Travel
- Actuarial model development
- Reinsurance concepts
- Capital solutions
- Profitability management
- Actuarial audit approaches
- Business transformation concepts
- Open-source coding paradigms (Python, R, Julia)
- Emerging technologies (AI/GenAI)
- Long-term care or other health and protection products
- Structured problem solving
- Executive communication
- Adaptability
- Versatility
- Sound judgment
- Self-motivation
- Comfort with ambiguity
- Problem-solving
- Learning agility
Location
- New York
- Chicago
- Philadelphia
- Charlotte
- Hartford
- Boston
Work Type
- Hybrid
Experience Level
- Senior Consultant
- 3+ years of relevant life/annuity actuarial experience
Education Level
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or another related quantitative major.
Salary/Compensations
- US base salary range: $110,500 to $202,700
- New York City Metro Area, Washington State and California (excluding Sacramento) base salary range: $132,600 to $230,400
Benefits
- Medical and dental coverage
- Pension and 401(k) plans
- Flexible vacation policy
- Time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence
- Continuous learning opportunities
- Flexibility to make a meaningful impact
- Coaching and confidence building for leadership
- Diverse and inclusive culture
About the Company
- EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO).
- Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing, and secure.
- As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world.
- EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
- Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
- EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions.
- Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
Equal Opportunity
- EY, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people.
- EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
- EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities.