Actuarial Consultant

Actuarial Consultant - Strategic Risk ConsultingJoin to apply for the Actuarial Consultant - Strategic Risk Consulting role at WTWOverviewAt WTW (NASDAQ: WTW), we provide data‑driven, insight‑led solutions in risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help our clients sharpen their strategies, enhance organizational resilience, motivate their workforces and maximize performance.Strategic Risk Consulting (SRC)SRC is a part of the Risk & Analytics division which provides an integrated approach to risk management in complex business environments.RoleWe are looking for a qualified actuary to join this growing global team of over 100 risk consultants. This role will center on providing actuarial model‑based insurance optimisation and captive optimisation advice to a wide range of corporate clients.In Particular, This MeansRepresenting WTW in client meetings and providing material contribution to the relationship with more than one major clientActively support the practice leaders in developing new business opportunities with clientsManage complex actuarial projects – offering significant contribution to the development of new products, process improvement, and generating new revenueManage, mentor, and be a role model for associatesRange of actuarial services – P&C Pricing and OptimisationLead projects to help clients optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred.Produce strategic recommendations based on model results to help clients manage their risks more effectively.Reserving, Capital Modelling, Solvency IIOversee / produce actuarial reserving analysis for both our corporate clients and captive insurance clients, to support annual reporting requirements.Actively contribute to leading the Actuarial Function of these Captive Insurers. Review their Solvency Capital Requirements (SCR) and Technical Provision (TPs), periodically, and produce and present Actuarial Function reports for the Board when required.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 several captive domiciles (including Dublin, Malta, etc).Additional ProjectsBespoke modelling.Development of modelling tools.Client pitches and Request for Proposals (RfPs).Researching prospects and markets.Managing People – responsible for managing and developing the skills, competencies and knowledge of team members including overseeing appraisals and objective setting while maintaining high levels of integrity, motivation and team morale.Establish an environment that promotes respect, trust and well‑being for the individual employee, by ensuring that team members have the opportunity to develop and progress their career while ensuring that skills or knowledge gaps are met with appropriate training.Work with Human Resources to recruit the accurate level of skills and proficiencies into the team, adhering to the company’s inclusive and diverse recruitment procedures and best practices.The successful candidate will receive ongoing training and support within a stimulating, multi‑disciplined team of actuaries and other risk professionals to further develop technical, commercial and management skills.QualificationsQualified FIA/FFA or equivalent with demonstrable post‑qualified experience within the general insurance marketClient‑facing role requiring the ability to communicate complex concepts and results to external and internal clients, especially clients who are not insurance industry professionalsIntellectual curiosity to deliver insightful analysis to tight deadlinesDesire to develop new business opportunitiesPrevious experience in a people management role as well as managing resourcesAdvanced computer modelling skills including MS OfficeEqual Opportunity EmployerAt 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.Irrespective of which office you join, you will be part of the wider WTW community. Our inclusion networks include Gender Equity, LGBT+, Multicultural, Workability and Young Professionals and our Corporate Social Responsibility group champions social and charitable activities in our local communities. These groups are at the heart of how we engage and inspire colleagues in our offices.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 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. This role can be based in either London or Ipswich. #J-18808-Ljbffr