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Willis Towers Watson

Senior Actuary - Commercial & Specialty Lines

The Role    Innovisk is a global underwriting platform with a strategy of growth and diversification, which through the application of technology and data management and by attracting industry leading underwriting talent is building market leading Underwriting Businesses.   The Data Science & Actuarial team is part of a core of integrated advisory, technology and analysis services supporting the underwriting businesses.  We are looking for a mid-level Actuary to join our growing team of experienced actuaries, data scientists, data engineers and reporting engineers to help our underwriting businesses to evaluate, price and manage their risks, and run effective business operations.   The successful candidate will work closely with the data science team, the underwriters and their business managers to develop, document and communicate technical actuarial analyses to internal and external parties to accurately represent underwriting performance and projections.
Responsibilities will include:
  • Work closely with the Data Scientists and Actuaries to develop, document and communicate technical actuarial analyses to internal and external parties to accurately represent underwriting performance and projections.
  • Identify patterns, trends, outliers, exceptions in the underwriting businesses"EURTM operational and performance data: help to understand root causes, predict future patterns and recommend management actions 
  • As a new venture we have very little technical debt, so you will also have an opportunity to help shape our frameworks and methodologies.
  • Support the team in stakeholder engagement and business process
The Requirements
  • Experience in the London commercial and speciality insurance markets as a qualified actuary
  • Minimum of an undergraduate degree in a quantitative subject, ideally containing maths, statistics, actuarial, natural sciences, or computer science modules
  • Demonstrable actuarial experience with a large number of business lines and risk types, and the ability to apply common and thorough approaches to performance analysis inc loss performance, premium and claims projections, risk adjusted rate changes, rating review, product mix etc
  • Demonstrable actuarial experience in the broking process between underwriting businesses and insurance capacity providers
  • Strong communication and presentational skills via documentation and in person
  • Strong analytical skills with Excel and ResQ required
  • Also desirable: solid data preparation and analysis skills with SQL, Python, R 
  • Experience working in a fast-paced environment and desire for good documentation, exceptional delivery, effective organisation, and high-quality communication with team and customers
  The Company   Innovisk is a new underwriting venture in which Willis Towers Watson is a strategic investor. Innovisk supports and builds market leading underwriting platforms, differentiated by the application of technology, data, advanced analytics and modelling.    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. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas "EUR" the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
  Willis Towers Watson is an equal opportunity employer
Willis Towers Watson believes that effectively managing a diverse workforce is vital to our business strategy. We have an obligation to our organization, ourselves and our clients to hire and develop the best people we can find. We will continually review our policies and practices to ensure that all areas of the employment process (including recruiting, hiring, work assignments, compensation, benefits, promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices. We are committed to equal employment opportunities at Willis Towers Watson.
  Unsolicited Contact: Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer

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