Senior Actuarial Consultant - Strategic Risk

Strategic Risk Consulting (SRC) is a part of the wider Risk & Analytics division within Corporate Risk and Broking, which provides an integrated approach to risk management in the current complex global business environment. SRC is a diverse team, with a global footprint and consists of actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists. SRC helps companies identify, quantify, and prioritize their major risks, and connect risk management decisions to corporate financial performance.

We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

The Role

We have an exciting opportunity as a Senior Actuarial Consultant within our SRC practice. You will be at the forefront of innovation and technology and get involved in a wide range of fascinating projects.

You will lead the delivery of data-driven insightful analyses to some of the world’s largest and complex organizations. Your modelling skills will be used to help clients quantify their risk and develop risk transfer strategies that exploit arbitrage opportunities among mitigation, transfer, and retention levers and align risk decisions with financial strategy enhancing organizational resilience and maximizing performance.

If you enjoy being intellectually stimulated, working with people from different industries and backgrounds, and deploying state-of-the-art tools and technology, we want to meet with you.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Responsibilities

• Develop a trusted advisor relationship with internal WTW client relationship managers and client contacts through effective communication and quality execution of projects
• Participate in developing new business opportunities and enhancing existing relationships
• Oversee and perform modeling analysis for clients’ risks by applying standard actuarial techniques as well as WTW proprietary tools
• Manage and exceed client expectations on the timeliness as well as delivery of results in reports and presentations
• Ensure quality of work by participating in our peer reviewing process
• Maintain a comprehensive audit trail for all analytical work
• Present analytical results and recommendations to clients

Participate in Research & Development of new initiatives

Requirements

• Minimum Associate of the CAS, IA or equivalent
• Excellent communication and presentation skills
• Client acumen
• At least 5 years of actuarial and/or financial experience in the insurance industry
• Able to demonstrate experience of designing and building actuarial loss forecast models for non-life insurance risks such as property and liability.
• Work well in a team environment
• Project management skills. Ability to successfully manage multiple projects and produce quality deliverables with tight deadlines
• Ability to clearly explain technical concepts in appropriate detail
• Well-organized and exhibits intellectual curiosity and positive attitude
• Proficiency in Microsoft Office

Above all, you will be hungry to continue to grow your project management skills and to develop your business development and team management capabilities. You will also have the innovation and problem-solving abilities that are regularly required to design bespoke risk consulting solutions and models for our clients.

Springboard your Career

We offer flexible working models and will accommodate in-office and/or remote working preferences for the right candidate. Accepted applicants will be eligible for a comprehensive actuarial exam study program, including paid study hours and exam coaching to assist in attaining an actuarial designation.

Willis Towers Watson employs hundreds of employees in a wide range of actuarial positions worldwide. You would continue your career with enormous possibilities to develop within the company.

Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation
The base salary compensation range being offered for this role is $140,000 – $165,000 USD. This role is also eligible for an annual short-term incentive bonus.

Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets