Reinsurance Pricing Consultant

1 week ago


Greater London, United Kingdom WTW Full time

DescriptionWe are looking for an experienced pricing practitioner withessentialexperience in theLondon Market (including case pricing)to join WTW as aReinsurance Pricing Consultant. You will join our general insurance practice within the wider UK Insurance Consulting and Technology (ICT) line of business to help us develop our pricing advisory capability and work with some of the markets top thought leaders designing and implementing cutting-edge solutions to pricing and underwriting challenges faced by the worlds leading commercial insurers.In your role you will be helping our clients by :Leading a project team to deliver client projectsOptimising theirLondon Marketpricing strategies and approachesDelivering pricing and underwriting capability reviews and pricing transformation engagementsHelping to build effectiveLondon Marketpricing models tools and processesDesigning sophisticated MI and portfolio management capabilitiesLeveraging your market knowledge in developing cutting edge solutions forLondon Marketpricing in collaboration with various teams from across WTWBringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.ClientsTo build a market profile as a representative and advocate of WTWLondon Marketpricing consulting services and software toolsDevelop a trusted advisor relationship with client contacts through effective communication and efficient quality execution of projectsActively seek to be involved in a variety of work to ensure a broad skill set (technical management and client) is maintained and developedInterface with colleagues from other practices and regions on assignments that reflect the clients broader business issuesDemonstrate commitment to WTWs professional standards in managing analyses and in communications with clientsThought leadershipTo develop new relevant propositions or to enhance current propositions inLondon Marketpricing leveraging WTWs toolset and broader pricing intellectual property and resourcesLead or contribute to the development of the companys intellectual capital including plans for taking this to marketHave a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentationsFinancial and business developmentMeet goals for billable hours and intellectual capital developmentDevelop and present proposals to potential clients demonstrating the economic value of the companys offeringsUse contacts within current network to obtain introductions to new contacts; work to develop supporters for companys products and servicesPeopleBuild relationships internally and collaborate effectively on cross-functional teamsServe as a manager and mentor to more junior associates training them on the specificities of the London Market including processes systems and market operations.QualificationsThe RequirementsRelevant demonstrable 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 maybe a nearly or newly qualified actuary (FIA / FFA or equivalent)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 techniquesAdvocate for the value of data enrichment in commercial lines pricing and underwritingExposure to machine learning or big data techniques beneficialSolid experience with data manipulation packages (SAS SQL WPS etc.)Experience or interest in selling projects to insurance / financial institutionsA track record in innovation and creativity delivering realised revenue enhancementsStrong communication skillsStrong interpersonal and team skillsSelf-starter attitude and ability to work within ambiguityStrong analytical and creative skillsEnjoy training / mentoring junior staffThe ability to see the big picture leveraging the resources of related practices to address the clients business challengesAvailability to travel on an as needed basis domestically and internationallyEqual 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 at home 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.Required Experience :ContractKey SkillsAccess,IT Business Analysis,Corporate Sales,E Learning,Facility Management,Animal CharityEmployment Type : Full-TimeExperience : yearsVacancy : 1 #J-18808-Ljbffr



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