P&C Reserving Consultant
2 weeks ago
We are looking for an enthusiastic and analytical insurance practitioner with at least three years of Property & Casualty insurance industry experience, preferably in reserving within the London Market, to join Willis Towers Watson as a consultant in our P&C consulting practice.
Our practice contains over 100 insurance practitioners who have expertise across markets, geographies and disciplines. We also work closely with our technology team who are responsible for developing some of the most innovative and widely used non-life actuarial software in the market including ResQ, Igloo and Radar.
You will work alongside some of the market’s top thought leaders on both client engagements and internal development projects, primarily across our market-leading reserving and capital modelling offerings. You will also have exposure to, and the opportunity to learn about, other cutting-edge propositions.
**The Role**
In your role you will be helping our broad range of clients by:
- Developing solutions for clients through undertaking substantial work streams in reserving and/or capital modelling projects, working with project leaders to understand overall priorities.
- Working autonomously on specific work streams, under the high-level guidance of a senior colleague, and overseeing the work of analyst-level colleagues.
- Participating in regular interaction with clients, and leading day-to-day client interaction on data, timescales and project progress.
- Recognising the importance of intellectual capital and innovation; proactively identifying innovation opportunities and working with others to prioritise this appropriately.
- Collaborating with a wide variety of people within the organisation in order to ensure best solutions to client needs, including with reserving, capital, pricing, portfolio management and claims colleagues in the UK and beyond.
- Producing insightful, client-ready reports / communications for review by senior project leaders.
- Working collaboratively on a range of projects / internal responsibilities and managing priorities appropriately.
- Demonstrating the Willis Towers Watson values of Client Focus, Teamwork, Integrity, Respect and Excellence.
**The Requirements**
Essential:
- P&C insurance background, with three years of experience in an actuarial and/or analytical role (including one year of reserving experience) as a minimum
- Strong working knowledge of reserving techniques
- Ability to make actuarial judgements and justify these judgements to senior colleagues
- An interest and aptitude for developing new ideas and techniques
- Strong communication skills, particularly the ability to write client deliverables / reports in a clear, concise and appropriate style and present confidently
- Proactive, energetic, and can demonstrate being a “safe pair of hands”
- Good project management, task prioritisation and time management skills
- Willingness to travel to client site when required
Desirable:
- Experience of using ResQ, our market leading reserving software
- Strong working knowledge of London Market
- Capital modelling or validation experience
- An interest and aptitude for providing mentoring and/or other career development support to junior colleagues
- Experience of using Power BI
- Experience of writing and/or editing code in VBA, Python, SQL or PowerShell
**Equal Opportunity Employer
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