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The Business
Create your future. We are a unique practice in the Canada marketplace that focuses on the development and enhancement of insurance solutions targeted at large customer or membership bases of clients (e.g. banks, credit unions, retailers, associations, hospitality providers, etc.). As an actuarial analyst in our practice, you will be a key resource in helping to prepare and reconcile data, develop and maintain key models and assist the insurance consulting teams, including senior actuarial personnel. You will be exposed to a variety of lines of insurance business and unique solutions supporting an ever-evolving marketplace.
We are seeking a qualified candidate that can support our senior consulting leaders on a team with a significant and exciting growth trajectory across a variety of sectors and insurance lines of business in the market (e.g. embedded credit card insurance, travel insurance, home & auto insurance, life and health solutions, etc.). We are seeking a qualified candidate that can work well in teams to support our consulting mandates and can also work independently (with appropriate guidance). This includes assisting senior team members with their projects as it relates to key insurance lines of business.
The successful candidate will be expected to participate in Willis Towers Watson’s study program in pursuit of a professional actuarial designation through either the Casualty Actuarial Society (CAS) or Society of Actuaries (SOA). This position has a significant upward growth trajectory to support client consulting on a prospective basis.
Responsibilities
Providing actuarial and analytics support on various insurance business lines and programs;
Assistance with pricing, loss reserving, financial modeling and forecasts, and benchmarking;
Actuarial support to senior consulting staff on consulting mandates, including data reconciliation and compilation, production of reports, presentations, summary analyses, etc.
Leveraging of technical skills to assist with the streamlining of processes, increasing efficiencies and providing additional perspectives on tackling challenging actuarial problems;
Development of analysis to support strategic recommendations related to bidding processes for partner relationships on behalf of our clients;
Support to actuarial and non-actuarial senior consultants on both technical and program strategy issues, inclusive of client and third-party communications.
Assist with other research and presentation material for new client prospects.
Key Behaviors
Problem solving
Ability to apply advanced mathematical / actuarial concepts and techniques
In-depth investigations, problem identification, development of effective solutions
High standards of quality control
Seeks assistance / support as appropriate
Interpersonal & Communications Skills
Demonstrates good listening skills
Exhibits positive attitude
Strong work ethic, demonstrates initiative
Effectively manages priorities, handling multiple projects under tight timeframes
Responds constructively to different viewpoints, changing priorities & conditions
Teamwork
Strong team player, with ability to work with diverse skillsets
Shares knowledge, opinions and insights in constructive manner
Offers to help others without prompting
Requirements
University degree in Actuarial Science, Mathematics or Statistics
Pursuing professional designation through the exams of either the Casualty Actuarial Society (CAS) or Society of Actuaries (SOA)
Highly organized, resourceful and excellent attention to detail
Strong analytical and critical thinking skills
Effective and efficient time management skills; ability to simultaneously manage multiple projects and work independently
Strong communications skills, both verbal and written
Experience and knowledge of MS Office (strong focus on Excel, with experience in Word and PowerPoint)
Experience with actuarial programming in languages such as “R”
Prior WTW Internship
Other Valuable Candidate Assets
Experience with dashboard reporting tools such as PowerBI
Bilingual (English and French)
Experience with personal insurance programs
The Application-Interview Process:
Step 1: Online application, including resume/CV
Step 2: Online assessments and Video Interview
Step 3: Interview with business
Step 4: Offer and on-boarding
WTW Work Flex: At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution. Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/
Recruiting tips: WTW specializes in preparing for the unknown. Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/
Equal Opportunity Employer