Description

The Role

The insurance industry is undergoing significant transformation driven by regulatory changes, technological innovation, and evolving market dynamics. At WTW, we combine advisory expertise with leading‑edge technology and strong analytical capabilities to support the world’s leading insurance companies.

As an Intern within the Insurance Consulting & Technology (Life) team, you will work alongside experienced consultants on real client projects from day one. You will gain hands-on experience applying analytical skills, interpreting data, and contributing to meaningful business decisions.

This role offers a unique opportunity to build both technical actuarial expertise and business understanding in a dynamic, international, and collaborative environment. You will also benefit from one of the industry’s most comprehensive actuarial training and development programs.

Key Responsibilities

Support consultants on life actuarial projects for leading insurance clients
Analyze data and produce insights to support business decision-making
Assist in the development and implementation of financial and actuarial models
Perform stochastic modelling and risk analysis to assess financial risks and opportunities
Contribute to projects related to:
- Financial risk management
- Capital optimization
- Product strategy and distribution
- Regulatory frameworks (including Solvency II)
Support corporate finance initiatives such as mergers & acquisitions, restructuring, and securitizations
Help improve processes and identify efficiencies within project delivery
Prepare technical documentation, reports, and client presentations
Support business development activities, including proposals and presentations
Build strong internal relationships and gradually engage with client stakeholders

Qualifications

Requirements

Currently pursuing a degree or master’s in Actuarial Science, Mathematics, Statistics, or a related field
Resident in Spain
Strong proficiency in English (written and spoken)
Additional languages (e.g., French, Italian, Portuguese) are a plus

Key Competencies

Proactive and self-motivated, with strong initiative
Strong analytical and problem-solving skills
Ability to interpret data and draw structured conclusions
Conceptual thinking and business-oriented mindset
Effective communication skills (written and verbal)
Team player with ability to work in a fast-paced environment
Strong organizational and time management skills
High attention to detail and commitment to quality

Technical Skills

Advanced knowledge of Excel (essential)
Knowledge of the following is a plus:
- VBA / programming
- Actuarial modelling tools
- Data analysis tools
- Databases (e.g., Access)

What We Offer

Exposure to real client projects with tangible impact
Continuous learning and professional development
Hands-on experience with leading actuarial models and methodologies
An international and collaborative working environment
Potential for future full-time opportunities

Equal Opportunity Employer

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.

Actuarial Consulting Intern