Actuarial Associate Manager

Thane, Maharashtra, India

Actuarial Associate Manager

  • 202605191
  • Thane, Maharashtra, India
  • Full time
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Description

About WTW

Willis Towers Watson (NASDAQ: WTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.
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. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.
Together, we unlock potential.


About the Team

Strategic Risk Consulting (SRC) is a part of the wider WTW Risk & Analytics division which provides an integrated approach to risk management in complex business environments.  Strategic Risk Consulting is a diverse team with a global footprint and includes actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists. Strategic Risk Consulting helps companies to identify, quantify and optimise and their major risks, and to connect risk management decisions with corporate financial performance objectives.


Responsibilities

Actuarial Project Delivery

  • Manage the end-to-end delivery of actuarial assignments across P&C reserving, pricing and insurance optimisation, captive capital and Solvency II, risk financing, and financial reporting.

  • Define and manage scope, workplans, timelines, budgets, dependencies and quality checkpoints for small to medium projects or workstreams within larger engagements.

  • Prepare and oversee forward-looking loss forecasts, reserve analyses, capital assessments and other bespoke actuarial models for corporate and captive insurance clients.

  • Interpret model outputs, investigate movements and translate technical results into clear, commercially relevant recommendations.

 

Technical Review and Quality Assurance

 

  • Perform independent technical and editorial review of data, methodologies, assumptions, calculations, models and client deliverables, applying reasonableness checks and actuarial judgement.

  • Ensure work is accurate, reproducible, appropriately documented and compliant with applicable professional, regulatory and internal standards.

  • Resolve routine and moderately complex technical issues using established methods and prior experience, escalating novel or higher-risk matters when appropriate.

  • Maintain clear review evidence and support continuous improvement of templates, controls and quality frameworks.

  • Lead or contribute substantively to client calls, meetings, workshops and presentations, explaining actuarial methods, findings, limitations and recommendations in accessible language.

  • Work collaboratively with colleagues across geographies and disciplines, coordinating inputs and ensuring effective information exchange.

 

Team Leadership and Capability Building

 

  • Coordinate the daily activities of analysts and senior analysts on assigned engagements, allocate work and monitor progress against agreed plans.

  • Coach colleagues, answer technical queries and provide timely, constructive feedback that improves actuarial judgement, communication and delivery quality.

  • Deliver training and knowledge-sharing sessions and contribute to a cooperative, inclusive environment that encourages technical development and shared learning.

  • Support resource planning, workload prioritisation, onboarding and development discussions for the immediate team.

 

 

Qualifications

Experience and Qualifications

  • Recognised degree in actuarial science, mathematics, statistics, economics, engineering or another highly numerate discipline.

  • A minimum of 8 out of 13 actuarial examinations completed toward a recognised actuarial qualification.

  • At least 5 years of relevant actuarial experience, including experience in one or more of P&C reserving, pricing, capital, risk financing, captive insurance or financial reporting.

  • Experience managing project delivery or workstreams, reviewing actuarial work and guiding junior colleagues.

  • Advanced written and spoken English, with the ability to produce concise reports and communicate confidently with technical and non-technical stakeholders.

 

Technical Tools

  • Strong Microsoft Office capability is required. 

  • Proficiency in at least one relevant analytical or actuarial tool is expected, such as R/R Shiny, Python, Power BI, RADAR, Igloo or ResQ. 

  • The successful candidate should be able to select fit-for-purpose tools, review outputs critically and support reproducible analysis.

 

The Application Process

  • Stage 1: Online application and recruiter review

  • Stage 2: Pre-recorded video interview

  • Stage 3: Live video or in person interview with hiring manager and team

  • Stage 4: Offer and onboarding

 

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com.

Unsolicited Contact

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer. If you would like to have your contact information saved for future consideration, please email: Agency.inquiries@willistowerswatson.com.

Our Offices

Our colleagues serve more than 140 countries and markets around the world. This gives a global dimension to everything we do and creates lots of exciting opportunities for you to collaborate and grow. Explore the map below to see where you career could take you.