UK Reserving Associate Director

4 weeks ago

London, United Kingdom WTW Full time

We are looking for an experienced reserving actuary to join WTW as a consultant in our general insurance practice within the wider UK Insurance Consulting and Technology (“ICT”) line of business. The successful applicant will help us further develop our reserving practice and contribute to adjacent areas, including capital and pricing.

You will work alongside some of the market’s top thought leaders on both client engagements and intellectual property development projects, primarily across our market-leading reserving offerings. You will also have exposure to, and the opportunity to be involved in, other cutting-edge propositions.

The Role 

We are looking to grow our UK non-life reserving team through hiring high-quality insurance practitioners with the experience and skills to provide market-leading solutions to our clients. Depending on your level of experience, you would join our team as an Associate Director or Senior Consultant.

You will lead the delivery of high quality work in line with agreed deadlines for our broad set of clients including Lloyd’s managing agencies, multinational (re)insurers, UK and European domestic insurers and niche market players, working with our existing team of reserving specialists. Your client engagements will include independent reserve reviews as well as some/all of our other reserving offerings including process transformation & automation, methodology reviews, ResQ implementations, M&A due diligence, outsourced reserving functions, IFRS17 and Solvency II engagements. The mix between these will depend on your experience and interests, balanced against the relative client demand. You will have immediate exposure to a variety of client assignments which will draw on your imagination and creativity as well as your technical reserving expertise, ability to interpret data, apply your insurance market experience, draw conclusions and present model results.  In addition to client engagements, you will also have the opportunity to lead or contribute to UK, European or global thought leadership initiatives, working to develop and deliver innovative and commercially important work streams, including advanced analytics and reserving transformation. With appropriate support (depending on your experience), you will be expected to manage projects or substantial work streams from conception through to delivery, including managing client communications and junior colleagues working on the projects, as well as providing client-ready work for Director/Senior Director review. You will contribute to business development through establishing and maintaining relationships with client contacts, contributing to proposals and/or speaking at WTW or external events. You will contribute to people and team development through line management, mentoring, recruitment and/or leading training sessions. You will also have the opportunity to work with our teams of capital, risk, exposure management, pricing, portfolio management, underwriting, finance and claims experts as part of our broader offering to clients.

You will be given training and support as required in order to thrive in the areas which interest you, enabling you to build a rich and rewarding career in a diverse, multi-disciplinary team.

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