Senior Director - Actuarial Non-Life (Re) Insurance Consultingnew
Willis Towers Watson · Exchange / Data / Ratings
- Actuarial
- Exchanges, Data & Ratings
- London, London, United Kingdom
- Grade Director
- Experienced Hire · Full time
As a Senior Director within the Global Specialty Consulting Practice you will work with some of the market’s top thought leaders designing and implementing cutting-edge solutions to pricing and underwriting challenges faced by the world’s leading commercial insurers.
In your role you will be helping our clients by:
- Leading a project team to deliver client projects
- Optimising their Specialty, Commercial Lines insurance and reinsurance pricing strategies and approaches
- Delivering pricing and underwriting capability reviews and pricing transformation engagements
- Helping to build effective Specialty and Commercial Lines pricing models, tools and processes
- Designing sophisticated MI and portfolio management capabilities
- Leveraging your market knowledge in developing cutting edge solutions for commercial lines pricing in collaboration with various teams from across WTW
- Bringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.
The Role
Your main responsibilities will be as follows:
Clients
- To build a market profile as a representative and advocate of WTW commercial lines pricing consulting services and software tools
- Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
- Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
- Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
- Demonstrate commitment to WTW’s professional standards in managing analyses and in communications with clients
Thought leadership
- To develop new relevant propositions or to enhance current propositions in commercial lines pricing leveraging WTW’s toolset and broader pricing intellectual property and resources
- Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
- Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations
Financial and business development
- Meet goals for billable hours and intellectual capital development
- Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
- Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services
People
- Build relationships internally and collaborate effectively on cross-functional teams
- Serve as a manager and mentor to more junior associates training them on the specificities of the London Market, including processes, systems and market operations.
What you'll bring:
- Relevant experience in a Commercial Lines pricing or portfolio management role in a London Market insurance firm or consultancy advising London Market clients on pricing and underwriting.
- Prior experience of building exposure, experience and stochastic models including fluency of using first loss curves and increased limit factors.
- An advocate for the development of analytical approaches and the adoption of new techniques
- Advocate for the value of data enrichment in commercial lines pricing and underwriting
- Exposure to machine learning or big data techniques beneficial
- Solid experience with data manipulation packages (SAS, SQL, WPS, etc.)
- Experience of Emblem and Radar software, preferred
- Experience or interest in selling projects to insurance / financial institutions
- A track record in innovation and creativity delivering realised revenue enhancements
- Strong communication skills
- Strong interpersonal and team skills
- Self-starter attitude and ability to work within ambiguity
- Strong analytical and creative skills
- Enjoy training / mentoring junior staff
- The ability to see the "big picture”, leveraging the resources of related practices to address the clients' business challenges
- Availability to travel on an as needed basis, domestically and internationally
What we offer:
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [email protected]
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