Director, Actuarial P&C

Towers Watson (Bermuda) Limited (known as 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. 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. The Insurance Consulting and Technology (ICT) business of Willis Towers Watson has been Bermuda’s premier actuarial consultancy company for over 45 years and has played a crucial role in the development of Bermuda’s insurance industry. 

The Company invites applications for the position of Actuarial Director within the Property / Casualty practice of ICT with knowledge and experience of insurance and reinsurance including loss reserving and risk management. 

The successful applicant will be developing and delivering reserve studies, capital management and pricing analyses for our (re)insurance company and ILS fund clients. You will play a key role in our marketing efforts and the growth of this practice area through client interaction, thought leadership, and quality work execution. As a project manager, you will bring order and process to the client teams with whom you work, and you will serve as a resource to analysts as you help them build their technical and client-facing expertise. You will be expected to meet billable hours and sales goals as described by your manager.

Duties and responsibilities:

• Directly contribute to client projects through applying technical actuarial expertise 

• Deliver superior, consistent project management for assigned clients

• Draft statements of work, project plans and budgets involving multiple workflow streams and client teams

• Serve as the day-to-day project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards

• Support the generation of new business and broadening relationships with existing clients as part of a broader team, including serving on account management teams for specific assigned clients

• Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects

• Manage client expectations and raise appropriate issues to other associates and Client Relationship Managers

• Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues

• Contribute to intellectual property development and research efforts, including development of new tools and approaches

• Support the generation of new business as part of the broader team
• Develop new business opportunities and enhance existing relationships

• Build relationships internally and collaborate effectively on cross-functional teams

• Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels

• Serve as mentor to junior project team associates

Required skills and qualifications:

• Knowledge and experience with insurance and reinsurance including loss reserving and risk management
• Strong analytical skills including ability to draw conclusions and identify trends from data in a logical, systematic way
• Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
• Strong interpersonal and team skills
• Flexibility and proven ability to diagnose and resolve issues
• The ability to see the "big picture," leveraging the resources of related practices to address clients' business challenges
• Technically proficient in MS Excel and working knowledge of MS PowerPoint and MS Word
• Experience with reserving and financial modelling software (for example ResQ and Igloo)
• Hardworking, willing to put in extra hours to meet deadlines and availability to travel on an as needed basis
• Undergraduate degree
• Fellow or Associate of the Casualty Actuarial Society, Fellow of Institute and Faculty of Actuaries, or equivalent professional qualification required
• Seven years or more of relevant actuarial experience.

Please note the hired candidate will be required to provide a clean, current Police Certificate of Good Standing. No agencies please.