Overview
Senior Consultant - Insurance Risk & Regulatory Advisory - FS Consulting at EY. EY's Financial Services practice provides a broad range of integrated services to financial institutions and other capital markets participants. The Insurance Risk & Regulation Team focuses on delivering sustainable benefits to clients by enhancing risk and compliance management and supporting CRO/CCO agendas through risk and compliance transformation programmes.
We are looking for a Senior Consultant within the Risk and Regulatory Advisory team in Insurance. Typical engagements supported by our insurance professionals include regulatory change navigation, actions for PRA or FCA, and design/review of end-to-end risk management frameworks and governance structures.
Responsibilities
* Contribute to the articulation of EY findings, conclusions and recommendations in writing or verbally
* Support the analysis of emerging issues, articulation of EY point of view, and development of EY propositions
* Support engagement planning, management, and leading small teams in insurance engagements
* Work effectively as a team member, sharing responsibility, providing support and updating senior members on progress
* Support bids and proposals for new client opportunities and grow existing valued relationships
What you will do
* Supporting firms navigate regulatory change e.g. Consumer Duty, FCA thematics
* Supporting firms respond to actions for the PRA or FCA
* Design and/or review of end-to-end risk management frameworks
* Design and review of governance and organisational structure
* Risk culture initiatives
Qualifications
* Experience of General and/or Life Insurance risk experience at a major insurer, broker or intermediary or another Advisory firm
* Up to date knowledge of the regulatory environment impacting insurers
* Strong project management experience
* Strong academic background
* Strong report writing and presentations skills
Ideally you will also have
* Client management skills and ability to build and develop networks and relationships
* Ability to prioritise and challenge
* Commercial awareness
* 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 We Offer
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 MyReward 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.
* 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
Join us in building 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.
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