Pricing Actuary - Strategic Risk Consulting

Description

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help our clients to sharpen their strategies, enhance organizational resilience, motivate their work forces and maximize performance.

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. SRC is a diverse team with a global footprint and includes actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists. SRC helps companies to identify, quantify and optimise and their major risks, and to connect risk management decisions with corporate financial performance objectives.

We are looking for a qualified actuary from a pricing background to join this growing global team of over 100 risk consultants.

This role will centre on two key areas:

• Support our growth in the provision of pricing optimisation and advice to corporate clients in the design and running of their affinity, extended warranty or loyalty schemes.

• Providing actuarial model-based insurance optimisation and captive optimisation advice to a wide range of corporate clients.

Additionally, you will have the opportunity to gain experience across a wide variety of day-to-day work across our range of actuarial services (including captive capital, and reserving) across all industries and geographies.

The key focus of this role will be to utilise personal lines pricing expertise (including GLMs and GBMs) to provide actuarial pricing models and advice to corporate clients around the design and pricing structure of their affinity, extended warranty and loyalty schemes.

The work we do is centred around improving our clients’ ability to manage risk. Whether that is through tailoring their risk transfer to the insurance market, detailing the optimum path to managing their non insurable risks or just detailing the risks they face in the first place. A good candidate will be able to quickly pick up on our current solutions, articulate them in a clear way to our clients and work to deliver the best result in a collaborative manner.

In addition to the pricing work which is central to this role, the candidate will have the opportunity to broaden their experience by supporting our capital and reserving activities across a range of corporate and captive clients.

• Professional qualifications: qualified FIA actuary
• Mathematics or related discipline degree level
• Personal lines modelling experience
• Commercial general insurance and London Market experience are beneficial but not essential.

• The ability to work well in a team and manage deadlines
• Client acumen
• Intellectual curiosity to deliver insightful analysis to tight deadlines
• Excellent communication and presentation skills
• Proficiency in MS Office
• Experience in using WTW software such as RADAR & Emblem will be beneficial
• Proficiency in R/R Shiny/Python and Power BI is desirable

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.

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 emai