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    Insurance Consulting and Technology Associate Director - Life

    Hamilton, Pembroke Parish, Bermuda

    Insurance Consulting and Technology Associate Director - Life

    • 202407074
    • Hamilton, Pembroke Parish, Bermuda
    • Closing on: Jan 15 2025

    Description

    The Role

    • Partner with senior sellers to identify new business opportunities and drive account proposals
    • Lead components of large-scale projects or manage smaller projects to achieve engagement and budget objectives
    • Strengthen Bermuda industry relationships through delivering high-quality work, following regulatory updates, involvement with industry-led events, and frequent interaction with local clients
    • Oversee and guide junior team members, ensuring high-quality work product which conforms with WTW Excellence standards 
    • Share expertise and strategic insights with colleagues to drive team growth and contribute to overall business development
    • Provide mentorship and coaching to junior staff, supporting their professional development and career advancement.
    • Conduct thorough technical reviews ensuring high-quality work product which conforms with WTW Excellence standards
    • Support client correspondence by playing a lead role in preparing for meetings and written or verbal communications with clients 
    • Contribute to the development of intellectual capital to strengthen our service offerings through research, publication of articles, participation in industry events and WTW webinars, podcasts, etc.
    • Support revenue growth by meeting billable hour expectations and assisting in the sales process as part of broader client relationship management teams
    • Make continuous progress on or maintain professional credentials by utilizing WTW’s competitive student program or completing SOA Continuing Education (CE) requirements

     

    Qualifications

    Requirements

    • Minimum 7 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
    • Familiarity with regulatory capital regimes; experience with Bermuda is a plus
    • Excellent oral and written communication skills, with the ability to clearly convey findings, recommendations, and work products to clients, peers, and junior team members
    • Proven ability to translate complex technical concepts for both technical and non-technical audience
    • Demonstrated ability to collaborate effectively across different disciplines and work styles, with a willingness to share knowledge
    • Experience in managing and directing project teams and meeting deadlines
    • Strong technical proficiency in programming languages (e.g. Microsoft Excel with VBA, SQL, Python, or R) and/or financial modeling software (e.g. GGY AXIS, Risk Agility, MG-ALFA, Moses, Prophet, Slope, or Polysystems)
    • Experience in at least one specific life insurance and/or annuity product line, preferably asset intensive products
    • 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, product development / pricing and risk management
    • Self-motivated, proactive learner with a passion for driving new developments
    • Ability and willingness to coach and mentor junior colleagues and foster their professional growth
    • Prior experience in Bermuda life insurance market is a plus
    • Strong multitasking abilities, effectively managing multiple projects and clients while providing timely updates on project status and deliverables
    • Flexibility to put in extra effort to meet client deadlines when necessary
    • FSA or equivalent credential (e.g., FIA) 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.

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