Non-Life Reserving Actuary
Willis Towers Watson
London, England
3d ago

The Role

Please note this role will be based in Reigate or London and will require flexibility from the successful candidate to travel between different locations as necessary.

We are looking for an experienced reserving actuary or analyst to join Willis Towers Watson as a consultant in our general insurance practice to help us further develop our market leading reserving practice.

You will deliver high quality work for our broad set of clients working with our existing team of reserving specialist. You will be expected to manage projects from conception through to delivery, including managing the day to day client communications and managing junior colleagues working on the projects.

You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to analyse data, apply your insurance market experience, draw conclusions and present model results.

You will also have the opportunity to work with our team of pricing, underwriting, finance and claims experts in this area as part of our broader offering to clients.

These experiences will help build on your technical and overall industry knowledge. The role will involve :

  • Undertaking substantial workstreams in large reserving projects and providing day-to-day input to projects, working with project leaders to understand overall priorities.
  • Participating in regular interaction with clients.
  • Producing reports / communications with a client focus and working to provide solutions for senior project leaders.
  • Designing and / or implementing efficient reserving processes and effective methodologies on new and existing client engagements.
  • Working collaboratively on a range of projects / internal responsibilities and managing deadlines and priorities appropriately.
  • Developing a profile within UK, European or global initiatives, working to support the delivery of commercially important work stream(s).
  • Recognising the importance of intellectual capital and working with others to prioritise this appropriately.
  • Leveraging knowledge through training, development and mentoring of other colleagues.
  • Taking an active role within client relationship management and business development when required.
  • Collaborating with a wide variety of people within the organisation in order to ensure best solutions to client needs, including with Reserving, Pricing and Capital colleagues from our EMEA, Asia Pacific, and US offices.
  • Proactively identifying innovation opportunities.
  • Demonstrating the Willis Towers Watson values of Client Focus, Teamwork, Integrity, Respect and Excellence.
  • Essential

  • Qualified or nearly qualified actuary. We will also consider strong candidates that are not qualified or who have stopped taking the exams.
  • Non-life insurance background, with strong reserving experience
  • Strong working knowledge of commercial and / or personal lines insurance and reserving techniques
  • An interest and aptitude for developing new ideas and techniques
  • Ability to work collaboratively with fellow colleagues
  • Ability to write client deliverables / reports in a clear, concise and appropriate style
  • Proactive, energetic, and can demonstrate being a safe pair of hands
  • Excellent communication and project management skills
  • Competent Microsoft Excel user
  • Willingness to travel to client sites when required
  • Desirable

  • Experience of using ResQ, our market leading reserving software
  • Experience of VBA, Microsoft Access and / or SQL
  • Experience of reserve process and transformations of those processes
  • Consulting experience

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