Actuarial Consultant - Life, OS

The Role

Willis Towers Watson operates a number of outsourced actuarial function projects for a variety of Life Insurance companies in the UK.

Such projects are delivered by a strong collaborative outsourcing team across WTW India and WTW UK offices. As a nearly or recently qualified actuary in the Life Actuarial Outsourcing team, you will be working as part of the financial reporting time for one such project.

This will cover all areas of actuarial work, from Solvency II valuations, IFRS, ORSA, with-profits and strategic projects, including the opportunity to be involved in an IFRS17 implementation project.

You will be part of a strong, diverse and dedicated team of associates who work in the outsourcing team.

You will have regular engagement with the client, including communicating results (to both actuaries and non-actuaries) and advising on a wide range of actuarial matters.

This is a unique opportunity to join a consultancy practice but work in a team that operates like an insurance company giving you wide-ranging exposure and experience. Key aspects of the role include :

Actuarial responsibilities

• Technical review of all major actuarial work, from quarterly SII reporting, experience investigations, ORSA, IFRS, with-profits and through to other actuarial projects as they arise.
• Involvement in the upcoming IFRS17 implementation.
• Strong technical and actuarial skills to interpret, challenge and review a variety of actuarial results (analysis of change, sensitivities, etc)
• Reviewing of Solvency II reporting and other metrics (IFRS / EV)
• Report into senior actuaries (such as Head of Reporting)
• Preparing drafts of reports and able to explain results appropriately.
• Advise the junior team on methodology and approach.
• Complete work in adherence to professional excellence and external standards and enforce these within the team

Management

People

Client / Account Management

Continuous improvement