Actuarial Director Life - Cayman

Directors in this role will develop a presense in Cayman for life actuarial consulting. They will look to advise companies that are looking to establish or that have established in Cayman across a wide variety of engagements covering topics such as licensing and set-up, capital management, financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. Our clients demand leading edge products and expertise, and as a director with our firm, you can expect to gain tremendous exposure to all facets of life insurance operations. This position comes with significant upwards potential for a successful and motivated candidate.

The Role

• Develop relationships with clients that have established entities in Cayman or that are looking to establish entities
• Advise clients on capital management including impact of moving business to Cayman from other jurisdictions
• Build life consulting practice in Cayman leveraging resources from other parts of the Americas and potentially growing the team in Cayman
• Develop intellectual capital and service offerings relevant to Cayman clients
• Lead parts of large projects or whole small projects to meet client engagement objectives
• Share knowledge and experience with other colleagues
• Mentor junior colleagues
• Work collaboratively with colleagues in other geographies
• Review peer work product as a quality control measure
• Lead client correspondence in both written and verbal format
• Lead meetings and interactions with clients, managing expectations and raise appropriate issues to Client Relationship Managers
• Support revenue generation for the firm by meeting billable hour expectations and generating new business as part of the broader client relationship management team
• Complete CE requirements to maintain SOA credentials

The Requirements

• At least 7 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
• Knowledge of Cayman market and regulatory framework is a plus
• Strong technical skills, preferably with ability to direct and review work produced in at least one of: Microsoft Excel with VBA, SQL, or R
• Expertise in financial modeling and leading projects utilizing actuarial software (GGY AXIS, Risk Agility, MG-ALFA, Moses, Prophet, and/or Polysystems) is a plus
• Expertise in at least one specific life insurance and/or annuity product line
• Expertise in at least one of the following functional areas as applied to the life insurance industry: predictive analytics / data science, experience studies, financial reporting, financial modeling, mergers & acquisitions, and product development / pricing.
• Motivated, independent learner willing to share their knowledge with others
• Ability to work collaboratively as part of a local team and coordinate teams across multiple offices
• Ability to direct work involving technical issues and requiring problem solving skills
• Ability to effectively assist junior colleagues
• Ability to explain the big picture as to why an assignment needs to be performed, how it fits in to the final objective and ensure that tasks performed are directly linked to client objectives
• Ability to balance supporting and leading multiple projects with multiple clients, including timely communication of project and deliverable status
• Flexibility to put in extra effort to meet client deadlines when necessary
• Strong oral and written communication skills to explain work product, findings, and recommendations to junior colleagues, peers, and clients
• FSA preferred

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Group Critical Illness, Life Insurance, AD&D, and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off, Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits: Non Contributory Pension Plan.

EOE, including disability/vets

This position will remain posted for a minimum of five business days from the date posted or until sufficient/appropriate candidate slate has been identified.