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Product Development Leader for Reserving Software

3 months ago

Reigate, Surrey, United Kingdom Willis Towers Watson Full time
Job Description

Summary:

As a member of the strategic leadership team of our market leading reserving and financial reporting software suite, ResQ, you will deliver cutting-edge product functionality by identifying and refining technical approaches, and drafting specification to guide the engineering teams. Your work will create software solutions aligned with the WTW vision of reserving which will transform the industry and reserving's role within it.

Are you a reserving actuary with an interest in software? Perhaps you started an actuarial career but moved into InsurTech?

WTW has a brand-new opportunity for someone with a background in Property & Casualty actuarial reserving to join the product development team for our market leading reserving and financial reporting software suite, ResQ.

It is an exciting time to join our organisation and our ResQ strategic leadership team; our ambitious future plans will transform market practice and the successful candidate will play a leadership role in delivering on this vision.

The successful candidate will have the desire to apply their reserving expertise into software development, as they partner with senior leadership to direct development according to WTW's long-term vision for the P&C reserving suite of solutions.

Background

WTW is a preeminent developer and provider of risk analytics and financial modelling software, with over 1,000 insurance clients worldwide.

ResQ is our market leading software suite providing P&C reserving and financial reporting capabilities. Our capabilities are developing rapidly as we continually invest in our software and transform reserving best practices.

The Role:
  • A Director-level role within the strategic leadership team for ResQ. The successful candidate will report into the Global Proposition Leader (GPL) for Reserving, working with a wide range of software development experts to define new product capabilities in line with wider business strategy. This role contributes subject matter expertise in reserving to the broader team.
  • Identify and refine technical approaches and concepts supporting product vision, in-line with wider product strategies defined by the GPL, as well as the wider Technology leadership. This may include outlines of proof of concepts, leading client discussions, providing practical user feedback to the development team and detailed market research.
  • Responsible for creation of written requirements, to ensure the engineering teams have an appreciation of the business context for their work.
  • Collaborate with our senior reserving consulting team globally to understand local market needs and priorities.
  • Collaborate and share product vision with other product leaders and explore opportunities for synergies and common approaches.
  • People/line management opportunities available within the role, with specifics depending on the successful candidate's priorities and preferred working-style.
Qualifications

The Requirements:

The essential skills/experience for this position are:
  • Practical actuarial experience in P&C reserving (qualification not required).
  • Software development or software product management experience.
  • A learning-oriented mindset, with enthusiasm to learn (or prior experience with) Agile software development for commercial applications.
  • Sharp analytical and problem solving skills.
  • High attention to detail and high quality standards combined with pragmatism and practicality.
  • Strong organisational skills, ability to balance multiple priorities and to provide clear status updates.
  • Strong written and verbal communication skills: enabling effective communication with product and development teams, clients/prospects, and internal user community.
  • Creative and strategic thinker willing and able to contribute to development of the overall product vision.
  • A strong history of delivering
Other highly desirable, but not essential skills are:
  • Experienced ResQ user.
  • Knowledge of the global insurance industry practices in key markets.
Equal Opportunity Employer

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

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.

(ICT_TECH P_2024_06R)