Willis Towers Watson

P&C Reserving and Capital Senior Director

Willis Towers Watson$225K — $325K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • FCIA with 10+ years in Canadian insurance, reinsurance, or actuarial consulting
  • In-depth knowledge of the Canadian P&C insurance market
  • Qualified for Appointed Actuary roles in Canada
  • Membership in the Canadian Institute of Actuaries
  • Strong analytical skills for data trend analysis
  • Proven experience managing complex projects with quality deliverables
  • Ability to influence senior-level decision-making under ambiguity

Responsibilities

  • Lead and manage Canadian P&C reserving and capital engagements
  • Develop trusted relationships with senior client contacts
  • Act as a prominent subject matter expert in the market
  • Identify and support new business opportunities
  • Contribute to reserve transformation and process automation
  • Manage client expectations and coordinate across teams
  • Collaborate with various colleagues to deliver solutions

Benefits

  • Hybrid/virtual work options based on business needs
  • Opportunities for professional development and mentorship
  • Involvement with a globally recognized consulting team
  • Contribute to cutting-edge technology and intellectual property innovation
Full Job Description
Job Description

WTW is looking for a senior reserving professional with extensive Canadian P&C insurance and reinsurance experience to join the Canadian P&C Reserving and Capital Propositions of WTW's Insurance Consulting and Technology (ICT) business. In this role, you will play a leading part in a globally recognized, industry-leading consulting team, providing high value-added consulting, reserving, capital and technology insights to clients, developing and applying state-of-the-art intellectual property, and contributing to the growth of our reserving and capital practice.

The Role

As a Canada P&C Reserving Senior Director, you will lead client engagements and project teams dedicated to developing and delivering reserve, capital and reserving transformation analyses for insurance and reinsurance clients. You will play a key role in the growth of the Canadian reserving practice by leading and supporting client relationships as a senior practitioner, Client Relationship Manager and thought leader.

As an engagement and project leader, you will oversee client and project teams, serve as a senior resource to managers, consultants and analysts, and help colleagues build their technical, market-facing and client-facing expertise. You will be expected to meet revenue and billable hour goals, contribute to intellectual property and research development, and help position WTW as a leading reserving advisor in Canada.

Your main responsibilities will be:

  • Lead and support Canadian P&C reserving, capital, Appointed Actuary and reserve transformation engagements
  • Develop trusted advisor relationships with senior client contacts through effective communication and efficient, high-quality execution of projects
  • Play a visible external role in the Canadian marketplace as a senior practitioner and subject matter expert
  • Identify, pursue and support new business opportunities, including statements of work, project plans, budgets, proposals and senior client discussions
  • Contribute to and/or lead reserve transformation and process automation engagements focused on effective implementation and use of ResQ, Unify and related WTW technology
  • Manage client expectations, raise appropriate issues to Subject Matter Experts or Client Relationship Managers, and coordinate effectively across teams
  • Collaborate with colleagues in reserving, capital modelling, pricing, underwriting, claims, technology and other practices locally and globally to create, sell and deliver actuarial and technology solutions
  • Participate in the development and dissemination of thought leadership, intellectual capital and technology-enabled reserving solutions
  • Foster a strong community of reserving-focused colleagues through coaching, mentorship and technical leadership


Financials

You will contribute to a profitable and growing Canada P&C Reserving proposition.

  • Participate fully in the achievement of the Canadian reserving practice and overall ICT business plan and budget
  • Meet individual billable hour and sales targets commensurate with seniority and area of focus
  • Develop new business opportunities and enhance existing relationships that support achievement of revenue goals


Qualifications

Qualifications
  • FCIA with 10+ years of relevant experience in a Canadian insurance, reinsurance, actuarial or consulting environment involving reserving, capital management/modelling, IFRS 17 and/or reserve transformation
  • Deep knowledge of the Canadian P&C insurance market, including personal lines, commercial lines and reinsurance
  • Qualified and able to step into Appointed Actuary roles in Canada immediately
  • Membership in the Canadian Institute of Actuaries is required
  • Strong analytical skills, including the ability to draw conclusions and identify trends from data in a logical, systematic way
  • Proven experience successfully managing multiple complex projects and producing quality deliverables on time and within budget
  • Ability to build strong relationships and influence decision-making at senior levels
  • Self-driven, comfortable navigating ambiguity and able to develop practical, innovative solutions
  • Practiced in contributing to complex, high-profile projects and communicating technical insights to non-actuarial executive audiences
  • Strong client relationship, interpersonal and team skills, with a demonstrated ability to collaborate across functions and geographies
  • Ability to see the "big picture," leveraging the resources of related practices to address clients' broader business challenges
  • Working knowledge of Excel, Word and PowerPoint
  • Availability to travel as needed


Preferred Skills and Experiences
  • Experience in pricing, predictive analytics, stochastic reserving, capital modelling, claims analytics or actuarial transformation
  • Experience with WTW software including ResQ, Igloo, Radar/Emblem and/or Unify
  • Experience working in an actuarial consulting environment, including sales, business development and client relationship management
  • Active involvement in relevant professional or industry associations
  • Experience with multinationals, global portfolios, captives or legacy liabilities is an asset


This position is based in Canada and is open for hybrid/virtual work, subject to business needs.

Visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Compensation

The base salary compensation range being offered for this role is $225,000 CAD -$325,000 CAD per year.

This role is also eligible for an annual short-term incentive bonus.

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.

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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