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Willis Towers Watson

Business Development Actuary

We are seeking a newly qualified actuary (IAF, FSA, FIA, SAV or equivalent) with experience in L&H (re)insurance post qualification, to join our growing team and support additional origination, deal management and transaction execution. In addition to advising and pricing L&H products and reinsurance solutions, the Business Development Actuary will also support with financial modelling, client presentations, NDAs and service level agreements.

As part of the wider sales unit you will advise clients on technical risk quantification, risk management and pricing topics. You will work collaboratively both within the EMEA Life Practice Group and with various functions and subject matter experts within Willis Re/Willis Towers Watson across EMEA and indeed, globally. You will interact regularly with clients.

We are looking for a strong candidate with valuable life re/insurance expertise including practical knowledge of economic, rating agency and regulator (Solvency II) capital. The ideal candidate will be eager to develop expertise in structuring, originating and executing bespoke reinsurance solutions. Other key attributes include:

  • Understanding client needs and advising on reinsurance purchasing strategies, new products and structures available within EMEA
  • Supporting manager with front line client servicing (supply of market information, negotiating amendments/improvements to cover, facilitating client/reinsurer meetings etc)
  • Be responsible for developing and improving client and market presentations in PowerPoint, Excel and Word
  • Contributing to reinsurance programme structuring and pricing as well as to cross-functional teams
  • Engaging with key stakeholders both internally and externally
  • Developing client relationships across re/insurers at all levels of organization and growing relationships with key decision makers in London, across EMEA and globally
  • Qualified actuary (IAF, FSA, FIA, SAV or equivalent)
  • Post qualification experience in L&H re/insurance and/or on re/insurance transactions
  • Knowledge of EMEA re/insurance markets, with focus on UK/Ireland and Western Europe
  • Exemplary analytical and numerical skills
  • Ability to prioritise, work under pressure and meet deadlines
  • Strong initiative with an inherent eagerness to drive projects to a successful completion
  • A willingness to deal with international clients and markets
  • Excellent communication and presentation skills
  • Additional language preferred but not required

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