Our sophisticated approach to risk helps clients to free up capital. We work in close concert with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.
The Role
We are looking for an experienced reserving actuary to join Willis Towers Watson as a consultant in our general insurance practice to help us further develop our reserving practice and to contribute in adjacent areas.
- You will deliver high quality work in line with agreed deadlines for our broad set of clients, working with our existing team of reserving specialist.
- You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to interpret data, apply your insurance market experience, draw conclusions and present model results.
- You will be expected to manage projects from conception through to delivery, including managing the day to day client communications and managing junior colleagues working on the projects. You will also work with our team of data specialists to develop and enhance our offering in this area.
- You will have the opportunity to work with our team of pricing, portfolio management, underwriting, finance and claims experts as part of our broader offering to clients. These experiences will help build on your technical and overall industry knowledge.
- Undertaking substantial workstreams in large reserving projects, across a variety of London Market, commercial and/or personal lines of business, and providing day-to-day input to projects, working with project leaders to understand overall priorities.
- Producing reports / communications with a client focus and working to provide solutions for senior project leaders.
- Designing and/or implementing efficient reserving processes and effective methodologies on new and existing client engagements.
- Working simultaneously on a range of client projects / internal responsibilities and managing deadlines and priorities appropriately.
- Developing a profile within UK, European or global initiatives, working to support the delivery of commercially important work streams, including advanced analytics and reserving process transformation.
The Requirements
- Qualified actuary
- Non-life insurance background, with extensive reserving experience
- Strong knowledge of London Market with relevant experience in a reserving role at an insurance firm
- Ability to write client deliverables/reports in a clear, concise and appropriate style
- The ability to see the “big picture”, leveraging the resources of related practices to address clients’ business challenges
- Availability to travel on an as needed basis, domestically and internationally
We (Insurance Technology) offer flexibility in our approach to work and are looking to support a more diverse set of working styles than we’ve ever been able to before. We will be moving to a hybrid working environment with colleagues working in an agile and flexible way with a mix of remote, in-person and in-office interactions. Where you work will be determined by the nature of your role and the type of work you need to do. You can expect your normal in-office interactions to be located in one of our London, Reigate or Cambridge offices. A suitable pattern and home office will be agreed with you, your line manager and your team
More Information
- Salary £75,000 plus
- Hybrid Role No
