James Anderson joins EY Consulting as partner
Big Four firm EY has appointed James Anderson as a UK partner. The move comes as it responds to rising market demand for its consulting services, and invests in growth for them.
James Anderson commented, “I am delighted to join EY at this time of high demand in the market. EY has an excellent team in place and I look forward to working with them to deliver pricing transformation for our clients.”
Anderson arrives from multinational global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). There, he was the Deputy Global Chief Pricing Actuary. Prior to this role he held leadership roles in CUO Portfolio Management and CFO Actuarial. During those spells, he delivered a number of large-scale global pricing transformations.
Bringing more than 20 years of experience to EY, Anderson boasts deep commercial and reinsurance pricing expertise, as well as extensive experience across analytics, portfolio management and underwriting steering. Looking ahead at EY, Anderson will lead EY’s pricing consultancy practice, which offers pricing strategy and advises on innovations in analytics and technology to non-life insurance firms.
Paul Sparkes, UK Financial Services Consulting Leader at EY, commented, “I am delighted to welcome James to EY to lead a high performing pricing consultancy team, which is an area we are expanding in, in response to rising demand from companies for technology and data led innovations to help manage their costs. James has a wealth of experience which will be crucial to our financial services clients as they navigate their digital transformation journeys in the current macroeconomic environment.”
EY is a global professional services firm, offering assurance, tax, transaction and advisory services. It is enjoying spiralling demand for its consulting offering in the UK and Ireland, which is currently seeing it work to increase its headcount from 5,100 to around 10,200 people by 2026.
In the pricing department, this will strengthen its ability to help clients adjust to high-inflation and shifting market conditions. Having an effective pricing strategy is a critical factor to ensure the ability of insurers to manage the cycle and drive top- and bottom-line growth.