P&C Reserving Consultant

P&C Reserving Consultant

• 202606398

• London, England, United Kingdom

• Full time

Description

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.

This role offers the opportunity to 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 chance to influence the direction of, our cutting-edge propositions. We are committed to providing training and support to help you thrive in areas that interest you, enabling you to build a rich and rewarding career in a diverse, multi-disciplinary team.

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. In this role, you will have the opportunity to:

• 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.
• Conduct independent reserve reviews and engage in other reserving offerings including process transformation & automation, methodology reviews, ResQ and Machine Led Reserving (MLR) implementations, M&A due diligence, outsourced reserving functions, IFRS17 and Solvency II client engagements.
• Utilise your imagination and creativity, along with your technical reserving expertise, interpret data, apply your insurance market experience, draw conclusions and present model results.
• 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.
• Manage projects or substantial work streams from conception through to delivery, including client communications and junior colleague management, with appropriate support based on your experience.
• Contribute to business development through establishing and maintaining relationships with client contacts, contributing to proposals and/or speaking at WTW or external events.
• Support people and team development through line management, mentoring, recruitment and/or leading training sessions.
• Collaborate with teams of capital, risk, exposure management, pricing, portfolio management, underwriting, finance and claims experts as part of our broader offering to clients.

Qualifications

What you'll bring:

• Non-life insurance background, with extensive reserving experience.
• Strong knowledge of London Market or Commercial Lines classes with significant experience in a reserving or mixed role at an insurance firm or consultancy.
• Ability to write client deliverables/reports in a clear, concise and appropriate style.
• Experience presenting results, including communicating key uncertainties, to senior colleagues or clients.
• Ability to see the "big picture”, leveraging the resources of related practices to address clients’ business challenges
• Proven project management, task prioritisation, delegation and time management skills.
• Personable, approachable and enthusiastic team player.
• Qualified actuary (FIA or equivalent) or experience working in this role.
• Availability to travel to our UK offices or client site as needed.
• Experience with coding languages would be desirable.
• Experience or interest in latest AI developments desirable

What we offer:

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [email protected]