Senior Director, Actuarial P&C

Towers Watson (Bermuda) Ltd. (known in the market as WTW), is a leading global advisory, broking and solutions company that helps clients around the world manage and finance risk, with over 40,000 employees in more than 140 countries. The Insurance Consulting and Technology (ICT) business of WTW 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 Senior Director within the Property/Casualty practice of ICT Bermuda with knowledge and experience of insurance and reinsurance. 

The successful applicant will work as a leader across a number of project teams supporting clients on a wide variety of engagements covering topics such as financial reporting, financial modelling and management, pricing, regulatory issues, and mergers and acquisitions 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 leader, you will bring order and process to the client teams with whom you work, and you will serve as a resource to junior members of the team 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

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

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

• Build relationships internally and work collaboratively with others on cross-functional project teams

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

• 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 project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards

• Perform peer reviews of work products as a quality control measure

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

• Serve as mentor to junior project team associates

• Support revenue generation for the firm by meeting billable hour expectations and generating new business and broadening relationships with existing clients in Bermuda as part of the broader client relationship management team

• Complete continuing education requirements to maintain professional actuarial credentials

Required skills and qualifications:

• Knowledge and experience with insurance and reinsurance including loss reserving, pricing and risk management

• Strong analytical skills including ability to draw conclusions and identify trends from data in a logical, systematic way

• Proven experience leading teams, managing multiple projects with multiple clients and producing quality deliverables on time and within budget

• Strong interpersonal and team skills

• Strong oral and written communication 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

• Demonstrated success or strong evidence to support new business generation

• 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 of Institute and Faculty of Actuaries, Casualty Actuarial Society, or equivalent professional qualification required

• 10 years or more of actuarial experience, including relevant experience in actuarial consulting

   

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