Willis Towers Watson

Director - Life and Annuities Consulting

Willis Towers Watson • $150K — $220K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
  • Familiarity with regulatory capital regimes
  • Excellent oral and written communication skills
  • Proven ability to translate complex technical concepts for diverse audiences
  • Experience managing and directing project teams
  • Strong technical proficiency in programming languages and financial modeling software
  • Experience in at least one specific life insurance and/or annuity product line

Responsibilities

  • Partner with senior sellers to identify and drive new business opportunities
  • Lead large-scale projects or manage smaller projects to meet objectives
  • Strengthen industry relationships through high-quality work and client interactions
  • Guide junior team members to ensure quality compliance with WTW standards
  • Share expertise to drive team growth and contribute to business development
  • Mentor junior staff to support their professional development
  • Conduct technical reviews to ensure high-quality work

Benefits

  • Health and Welfare Benefits including medical, dental, and vision coverage
  • Leave Benefits such as annual paid time off and disability coverage
  • Retirement Benefits including a 401k savings plan and contributory pension plan
Full Job Description
Job Description

Our industry-leading life insurance consulting team is seeking a Manager to join the team in the US to support account development and lead high-performing client delivery teams. In this role, you will work across a range of engagements including financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. The ideal candidate will possess proven expertise in various aspects of life or annuity product design and pricing, distribution, financial modeling, asset liability management (ALM), regulatory developments and financial risk. This position offers unparalleled exposure to all facets of life insurance operations and presents exceptional opportunities for upward mobility for motivated, results-oriented professionals.

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 industry relationships through delivering high-quality work, following regulatory updates, involvement with industry-led events, and interaction with 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

The Requirements
  • Minimum 5 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
  • Familiarity with regulatory capital regimes
  • 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
  • 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
  • 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


This position can be based in a major U.S. Market and is open to remote/virtual work.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Compensation and Benefits

Benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that 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

The salary compensation range being offered for this role is $150,000 to $220,000.

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, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans


Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

About Willis Towers Watson

Willis Towers Watson is a global insurance and risk management company that provides a range of services to clients in more than 140 countries. The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson & Co. Willis Towers Watson offers a range of insurance products, including property and casualty insurance, life insurance, and health insurance. The company also provides risk management and consulting services, including actuarial services, investment consulting, and human capital consulting. Willis Towers Watson is known for its expertise in risk management and its ability to help clients navigate complex insurance and regulatory environments.
Learn more about Willis Towers Watson
Size
46,000 employees
Market Cap
$26.2 billion
Industry
Net Income
$996 million
Founded
1828
5 Year Trend
+2.7%
Revenue
$9.3 billion
NASDAQ

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