PSA - Insurance Regulatory Affairs - Senior Consultant

Job description

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. The opportunity Join EY PSA Solutions, a Luxembourg regulated Professional of the Insurance Sector, and help deliver governance, compliance, risk, regulatory and outsourcing services to (re)insurance undertakings and insurance distributors. As a Senior Consultant, you will lead workstreams, advise clients and contribute to the growth of EY PSA Solutions while developing your insurance regulatory, conduct and Anti-Financial Crime expertise. Your key responsibilities Client and market development Lead PSA workstreams and build trusted relationships with client stakeholders. Facilitate meetings and workshops, identify client needs and contribute to proposals and business development. Monitor insurance market and regulatory developments to identify client opportunities. Engagement delivery Deliver engagements across governance, compliance, Anti-Financial Crime (AFC), risk and insurance operations. Coordinate multidisciplinary teams and ensure timely, high-quality delivery in line with EY standards. Perform assessments and reviews, develop pragmatic recommendations, and support project planning and stakeholder reporting. Regulatory and technical contribution Develop and review policies, procedures, control frameworks, governance documentation and regulatory reporting materials. Advise on Luxembourg insurance requirements, including IDD, Product Oversight and Governance, distribution oversight, conduct risk and customer protection. Support AML/CFT, sanctions, KYC/CDD, transaction monitoring and financial crime risk management assignments. Contribute to regulatory watch, methodologies, knowledge sharing and robust engagement documentation. Team development Coach junior colleagues, review their work and provide constructive feedback. Contribute to recruitment, onboarding, training and continuous improvement initiatives. Skills and attributes for success Strong analytical, problem-solving, project management and communication skills. Ability to lead workstreams, manage competing priorities and engage senior stakeholders. Commercial, collaborative and solution-oriented mindset, with a high degree of autonomy. Knowledge of governance, compliance, AFC, risk management, internal controls and insurance regulation. To qualify for the role you must have Master's degree in finance, business administration, law, economics or a related field. At least 2 years of professional experience in insurance and/or reinsurance, gained in consulting, an insurance undertaking, a regulator, internal audit, compliance, risk or regulatory advisory. Experience in at least one of the following: governance, risk and compliance; AFC; IDD and conduct regulation; insurance operations; or Luxembourg insurance regulation. Experience contributing to client engagements and interacting with senior stakeholders. Fluency in English and French; additional languages are an asset. Ideally, you'll also Have exposure to regulatory remediation, transformation, managed services, outsourcing or target operating model projects. Understand Luxembourg insurance market practices, IDD requirements and evolving AFC obligations. Hold, or be working towards, ACAMS or another relevant compliance, risk, audit or financial crime qualification. What we offer you At EY, we'll develop you with future-focused skills and world-class experiences. You'll work in a flexible, diverse and inclusive environment with globally connected teams. Are you ready to shape your future with confidence? Apply today. To support an inclusive recruitment experience, please describe any disability-related adjustments or accommodations you may need. EY | Building a better working world EY creates new value for clients, people, society and the planet while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams provide assurance, consulting, tax, strategy and transactions services across more than 150 countries and territories. Our offer of employment is contingent upon successful completion of applicable background checks and pre-screening requirements. Information provided by candidates must be accurate.