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Senior Consultant- Insurance Risk and Compliance

Ernst & Young

Riyadh, Saudi Arabia

Ref: NP946-1849

Job description / Role

Employment: Full Time

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

Seeking a role with purpose? A number of exciting opportunities are now available. These roles directly contribute to assisting our Insurance clients enhance the management of risk.

We are looking for Senior Consultants with Insurance experience to be a part of the Financial Services Risk Management (FSRM) team in our Riyadh office.

As part of our Insurance Risk team, you'll focus on client opportunities where your expertise can make a substantial impact. You'll build valuable relationships across the Insurance industry, gain broad industry experience, and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues.

You'll help build a better working world by assisting our Insurance clients with strategy and implementation support. You'll work MENA's leading financial institutions, in high-performing teams alongside risk management professionals, quantitative analysts, technologists, and former regulators. Together, you'll help clients better assess and enhance the management of risk.

Your key responsibilities

- Build an understanding of our Insurance solutions and support their development, share knowledge and be able to draw on relevant subject matter resources within EY
- Assist our clients with the management of Insurance regulatory requirements and upcoming regulatory reforms
- Support our clients manage and resolve complex Insurance risks and issues
- Create innovative and proportionate insights for our Insurance clients, adapting methods and practices to fit their business needs
- Assist with engagement planning and management on Insurance engagements
- Deliver projects to a high level of client satisfaction and within budget

Requirements

Skills and attributes for success

To qualify for the role, you must have

- 4+ years' experience in the Insurance industry, either within a consulting firm or an Insurer or an organization providing Insurance services (such as underwriting, broking and claims)
- Ability to work with multiple project types in Strategy transformation, Regulatory Compliance, Risk Management, Internal Audit, etc
- Self-motivation, a positive attitude and lots of energy and drive
- The ability to build relationships with colleagues across the business, support them and promote a collaborative culture
- Excellent communication skills - English and Arabic (written and verbal)

Ideally, you'll also have

- Graduate degree in finance, commerce, law, STEM or similar, with post-graduate qualifications or additional study viewed favourably
- Functional knowledge of the MENA Insurance regulatory environment
- Understanding of working with regulatory bodies
- Exposure to underwriting and/ or claims processes or portfolio/ product management
- Strong analytical and problem-solving skills, with the ability to present information in a clear and concise manner

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you'll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization

What we offer

We offer a competitive compensation package where you'll be rewarded based on performance and recognized for the value you bring to our business. 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.

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.

About the Company

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available on our site.

The MENA practice of EY has been operating in the region since 1923. For over 95 years, we have grown to over 7,500 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region

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