Company Logo

Senior manager - insurance risk - financial services risk management

EY

Job Description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.


The opportunity


We are looking for a Senior Manager within the Financial Services Risk Management team in our Sydney office. This role is offered on a flexible full-time basis.

As a Senior Manager delivering enterprise risk solutions in the Insurance Sector, your role will be to support a portfolio of clients and deliver multiple engagements in these areas, leveraging EY’s global network of insurance sector and risk advisory professionals.


You can expect to work with senior client personnel to lead large scale engagements and deliver high-quality client solutions. You will develop and maintain long-term relationships and networks, build and maintain a high performing team, generate new business and lead sales pursuits.

The Insurance Risk Management team works closely with the Actuarial and other specialist risk teams, and are market leaders in all aspects of governance, regulatory and risk management, compliance, accountability, conduct and culture. Our clients are large multinationals, conglomerate groups and domestic insurers within the Life, Non-Life, health and government insurance sector. The team delivers sustainable benefits to our clients though enhancing business decisions using improved and effective risk management.


Our growing team of professionals come from a diverse background, all committed to being long term trusted advisors to our clients.

The insurance risk agenda is one that is going through seismic change. As the outcome of the Royal Commission and other industry reviews are implemented, industry rationalisation takes place and business transformational activities are delivered, there is significant opportunity for our staff to support our clients to clearly articulate their vision for better-practice enterprise risk management across the industry.


Our clients are managing wide-ranging risk transformation and regulatory change agendas. These range from organisational culture and design, enhancement of risk appetites, flow of information and risk identification, and how companies respond to information received across the entire value chain including sales and distribution, product and operations, as well as claims handling. It is from here that companies can then be advised on specific elements of the framework in more detail, from modelling and managing specific risks to designing detailed management information, ultimately performing a full transformation programme for our clients, using all EY’s advisory services.


EY – ‘A Better Working World’


At EY we are proud of how our dedicated insurance sector regulatory, risk and governance work contribute to building a better working world. The insurance sector plays an important role in our society through corporate social responsibility, particularly in times of catastrophe or loss, such as a global pandemic, bushfires, inability to work or addressing insurance affordability for the Australian population. Supporting insurers honour their commitment to be there in a time of need is key to what we do at EY. We support our clients to deliver against their purpose, strategy and vision through managing risk and compliance across the value chain including product, underwriting, claims and operations.

Working closely with our clients, we build diverse, multi-disciplinary teams that bring qualitative, quantitative, regulatory and technology skills to deliver innovative, technology enabled solutions that enable better management of risk across the entire insurance value chain. As a senior manager focused on risk management within the insurance sector at EY, you will contribute to building a better working world by playing a key role in shaping and executing our response to the challenges facing the insurance industry.


Your key responsibilities


As a Senior Manager within the Risk team your role involves developing and implementing solutions both within the Risk service line and in collaboration with other services lines.


For business development, you will:

  • Hold lead relationships with insurance risk leaders

  • Lead proposals and creating tailored offerings, and taking them successfully to our clients leveraging our global network

  • Lead the identification and generation of potential business opportunities for EY

  • Direct pursuits for new client opportunities and growing existing valued relationships

  • Draw on your knowledge and experience to create practical and innovative insights for clients, contributing to EY thought leadership


On engagements, you will:

  • Manage teams, as well as senior client stakeholders and be responsible for delivering high quality results and generating effective and impactful solutions

  • Provide focused and supportive leadership and training to your teams

  • Be responsible for ensuring all engagement are planned and delivered within budget and on time

  • Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of high standard


Within the risk practice you will:

  • Establish, maintain and strengthen all internal and external relationships

  • Develop people through effectively supervising, coaching, mentoring, and leading people initiatives to empower high performing teams

We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth working within an Australian practice, leveraging and supporting our global network.


Skills and attributes for success


To qualify for the role, you must have
:

  • Deep knowledge and experience of Risk Consulting. Relevant recent Big 4 experience in winning and leading major risk management projects with recognised insurers is preferred. This ideally should be complemented by employment experience within the Insurance sector either at an insurer, intermediary or regulator

  • Successful business development skills in shaping and winning client proposals and generating sales

  • Innovative problem-solving skills with the ability to understand a client problem and tailor a practical solution right for the client

  • Strong academic background with a bachelor’s degree ideally business, actuarial or finance related supplemented ideally with a professional qualification

  • Experience across a number of domains (executive facilitation; strategy, governance and risk management; program, project and change management; service delivery; strategic decision making; executive reporting and monitoring)

  • Up to date knowledge of the regulatory environment impacting insurers and other financial services organisations


Ideally, you’ll also have

  • Strong written and verbal communication skills for report writing, industry studies and client presentations

  • Experience of leading teams to high quality timely delivery, actively building industry relationships and promoting a collaborative culture when working with colleagues

  • You should be an inspiring and authentic leader who supports their team’s career development


Who are FSO?


EY are the only professional services organisation offering a separate team dedicated exclusively to the financial services market. Join the Financial Services Organisation (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective to a range of high profile companies. We provide a highly integrated team, combining the knowledge from across our service lines to provide advice and guidance to key industry groups including wealth and asset management, banking, capital markets and insurance.

Apply and see where a career with FSO Advisory can take you!


What we offer

  • Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.

  • Continuous learning: personalised career development including coaching, experiences and formal learning so you’ll develop the mindset and skills you’ll need to thrive in the future.

  • Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.


At EY, you’ll be rewarded and recognised based on your performance and our comprehensive benefits package can be tailored to your individual needs.

We hold a collective commitment to foster an environment where all differences are valued and respected, practices are equitable, and everyone experiences a sense of belonging. If you require any adjustments to the recruitment process in order to equitably participate, we encourage you to advise us at the time of application via ***************@au.ey.com or phone

+61 3 8650 7788
(option 4).


We understand the importance of social distancing at this time so our recruitment and onboarding process may be managed virtually so we can continue to prioritise the safety and wellbeing of EY people, clients, guests and the broader public.


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


Please note: All EY offices across Australia and New Zealand will close over Christmas and the New Year from the 23
rd of December 2021. We will be back from the 10th of January 2022, when we look forward to reviewing your application.


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.