London Market Pricing Consultant
As a Commercial Lines Pricing Consultant within the UK P&C Consulting
Practice you will work beside some of the market’s top thought leaders designing and
implementing cutting-edge solutions to pricing and underwriting challenges faced by the world’s
leading commercial insurers.
In your role you will be helping our clients by:
- Optimising their London Market pricing strategies and approaches
- Delivering pricing and underwriting capability reviews and pricing transformation engagements
- Helping to build effective London market pricing models, tools and processes
- Designing sophisticated MI and portfolio management capabilities
- Leading client engagements as required
- Leveraging your market knowledge in developing cutting edge solutions for commercial lines pricing in collaboration with various teams from across Willis Towers Watson
- Bringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.
Your main responsibilities will be as follows:
Clients
- To build a market profile as a representative and advocate of Willis Towers Watson commercial lines pricing consulting services and software tools
- Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
- Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
- Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
- Demonstrate commitment to Willis Towers Watson professional standards in managing analyses and in communications with clients
Thought leadership
- To develop new relevant propositions or to enhance current propositions in commercial lines pricing leveraging Willis Towers Watson’s toolset and broader pricing intellectual property and resources
- Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
- Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations
Financial and business development
- Meet goals for billable hours and intellectual capital development
- Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
- Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services
- Build relationships internally and collaborate effectively on cross-functional teams
- Serve as a manager or mentor to more junior associates
- Relevant experience in a London Market pricing role in an insurance firm (preferably in Lloyd’s Managing Agents / Syndicate but company experience welcome)
- An advocate for the development of analytical approaches and the adoption of new techniques
- Advocate for the value of data enrichment in commercial lines pricing and underwriting
- Exposure to machine learning or big data techniques beneficial
- Solid experience with data manipulation packages (SAS, SQL, WPS, etc.)
- Experience of Emblem and Radar software, preferred
- Experience or interest in selling projects to insurance / financial institutions
- A track record in innovation and creativity delivering realised revenue enhancements
- Strong interpersonal and team skills
- Self-starter attitude and ability to work within ambiguity
- Strong analytical and creative skills
- Enjoy training / mentoring junior staff
- The ability to see the "big picture”, leveraging the resources of related practices to address the clients' business challenges
- Availability to travel on an as needed basis, domestically and internationally
EQUAL OPPORTUNITY EMPLOYER
We support flexible working and will consider requests for such working arrangements.
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