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Senior Consultant - Financial Services - Insurance and Actuarial Advisory ServicesEY • Chicago, IL, United States
Senior Consultant - Financial Services - Insurance and Actuarial Advisory Services

Senior Consultant - Financial Services - Insurance and Actuarial Advisory Services

EY • Chicago, IL, United States
4 days ago
Job type
  • Full-time
Job description

Senior Consultant - Financial Services - Insurance and Actuarial Advisory Services

Location: New York Other locations: Anywhere in Region Salary: Competitive Date: Aug 11, 2026

At EY, we're all in to shape your future with confidence. We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. 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 focused model and bold ambition have put us at the center of events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. 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. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

The opportunity 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 be right at the heart of that mission, directly with clients and starting to build your personal brand as a leader in your field.

Your key responsibilities It's all about providing the knowledge our clients need to execute strategies and resolve complex issues. We'll look to you to play 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

To qualify for the role, you must have:

  • 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

Ideally, you'll also have:

  • Familiarity with actuarial model development activities, including solution design, translation of business requirements, model staging, data preparation and automation, assumption management, and model change / testing lifecycle
  • Experience with reinsurance concepts, capital solutions, and profitability management considerations
  • Experience with actuarial audit approaches, and quality review processes
  • Exposure to business transformation concepts, including operating model, process, or technology enablement
  • Experience with open-source coding paradigms such as Python, R, Julia, others, and familiarity with emerging technologies (e.g., AI/GenAI) applied to actuarial work
  • Experience with long-term care or other health and protection products, including modeling, reserving, assumption development, financial reporting, or audit and assurance.
  • Consulting mindset with structured problem solving, executive communication skills, and the ability to translate technical concepts into actionable business insights
  • Project management experience and ability to handle teams and multiple stakeholders

We are looking for adaptable, collaborative actuarial leaders who combine genuine expertise with versatility and sound judgment. You are a strong communicator, self-motivated, comfortable with ambiguity, and energized by solving unfamiliar problems and helping clients and colleagues navigate change. You do not need to be an expert in every discipline; what matters is the depth to lead with credibility, the humility to draw on others, and the agility to keep learning.

What Working at EY Offers We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being. Plus, we offer:

  • 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.

Join us in building a better working world. Apply now if you can confidently demonstrate that you meet the criteria above. EY, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people.

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Senior Consultant - Financial Services - Insurance and Actuarial Advisory Services • Chicago, IL, United States

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