About Willis Towers Watson:
Willis Towers Watson (NASDAQ: WTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.
We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.
Together, we unlock potential.
About the Team:
Strategic Risk Consulting (SRC) is a part of the wider WTW Risk & Analytics division which provides an integrated approach to risk management in complex business environments.
Strategic Risk
Consulting is a diverse team with a global footprint and includes actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists.
Strategic Risk
Consulting helps companies to identify, quantify and optimise and their major risks, and to connect risk management decisions with corporate financial performance objectives.
The Role – Actuarial Analyst
Working within this rapidly growing global team of over 100 risk consultants, this role will centre on providing actuarial model-based insurance optimisation and captive optimisation advice to a wide range of corporate clients all over the world.
You will be hungry to grow the depth and breadth of your actuarial modelling capabilities and have both the innovation and problem-solving abilities that are regularly required to develop bespoke, and often complex models for our clients.
For the successful candidate this role offers a stimulating, internationally focused chance to stretch your existing actuarial capabilities, and to develop your project management,
and client-facing skills. Following qualification, you can look forward to business development and management opportunities.
What you will do
Pricing and Optimisation
■ Help clients to optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred.
■ Construct forward looking actuarial loss forecast models for corporations across all geographies and industries.
■ Produce strategic recommendations based on model results to help clients manage their risks more effectively.
Capital Modelling and Solvency II
■ Providing an objective view of the profitability and financial strength of captive insurers.
■ Actively contribute to the Actuarial Function of these Captive Insurers and review their Solvency Capital Requirements (SCR) and Technical Provision (TPs), periodically.
■ Assist in developing assumptions, and challenging them where required, to ensure a robust risk management framework.
■ Support ongoing compliance with regulations and timely completion of regulatory returns across a number of domiciles
Pricing and Optimisation Reserving
■ Work collaboratively with fellow colleagues to produce actuarial reserving analysis for both our corporate clients and captive insurance clients.
■ Write client deliverables / reports in a clear, concise and appropriate style.
Aside from the core activities described above, the successful candidate will also be expected to assist with ad-hoc projects which could include, but are not limited to:
■ Bespoke modelling.
■ Development of modelling tools.
■ Assisting with client pitches and Request for Proposals (RFPs).
■ Researching prospects and markets.
The successful candidate will receive training and study support within a stimulating, multi-disciplined team of actuaries and other risk professionals to develop their technical, commercial and management skills.
📌 Actuarial Analyst (Thane)
🏢 WTW
📍 Thane