Actuarial Consultant

4 weeks ago


Schiller Park, Illinois, United States Willis Towers Watson Full time

Role Overview

Willis Towers Watson is seeking a highly skilled Actuarial Consultant to join our Insurance Consulting and Technology (ICT) practice. As an Associate Director, you will collaborate with our team of pricing, portfolio management, underwriting, finance, and claims experts to deliver advisory and technology solutions to our commercial insurance clients. Our ICT practice provides a powerful combination of advisory services for insurance companies, integrated with leading-edge technology solutions and software, all underpinned by unparalleled analytical capability.

Key Responsibilities

  • Lead, build, and participate on teams to deliver analytically-focused client projects
  • Execute work on client projects such as predictive model builds and peer reviews, market assessments, regulatory filing engagements, and capabilities benchmarking
  • Meet billable hour target and support the team in sales, operating as a highly respected and effective consultant
  • Support the development of carrier relationships relevant to WTW's services, both by utilizing existing network and cultivating new relationships
  • Leverage pricing and market knowledge to serve as a subject matter expert
  • Develop a trusted advisor relationship with client contacts through effective communication
  • Listen critically to client challenges to scope, craft, and deliver on engagements
  • Discuss and demonstrate applications of WTW's technology products to clients
  • Build relationships internally and collaborate effectively on cross-functional teams
  • Serve as a mentor and project manager to more junior colleagues, training them on both the technical and theoretical aspects of underwriting as well as project delivery methods
  • Constantly seek out opportunities to improve efficiency in our delivery models and to develop new propositions and client offerings

Requirements
  • Minimum of 10 years industry experience
  • Experience in pricing at a large commercial insurer
  • Comprehensive understanding of core P&C commercial lines insurance products
  • Capable of leveraging past experience and expertise to adapt to current projects and challenges outside of core skill set
  • Comfortable navigating ambiguity and developing innovation solutions
  • Committed to training and mentoring less experienced colleagues
  • Practiced in managing complex projects and delegating work to senior and junior colleagues
  • Available to travel as needed

Benefits
  • Base salary range: $175,000 – $225,000 USD per year
  • Annual short-term incentive bonus
  • Competitive benefit package including health and welfare benefits, leave benefits, and retirement benefits

About Willis Towers Watson
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. Our distinctive approach combines deep industry knowledge with insights from data science and analytics to help clients make better decisions and achieve better outcomes. We are proud to be a part of the Willis Towers Watson family, and we are excited about the opportunity to welcome you to our team.

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