Willis Towers Watson

Senior Analyst, Actuarial Consulting (P&C)

Willis Towers Watson • $80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in actuarial science, statistics, or quantitative discipline.
  • 2 to 5 years of experience in actuarial roles.
  • Excellent Microsoft Office skills, particularly Excel.
  • Working knowledge of AI tools.
  • Strong communication skills, both written and oral.
  • Detail-oriented with a client service orientation.
  • Analytical skills for drawing conclusions and identifying data trends.
  • Actuarial exam progress toward ACAS and/or FCAS credentials.

Responsibilities

  • Collaborate with project teams on reserve studies and pricing analyses.
  • Develop capital modeling and portfolio management expertise using Igloo.
  • Evaluate insurance-linked securities with financial assessment skills using ILSE.
  • Apply traditional methods and advanced modeling techniques for pricing engagements.
  • Contribute to estimating future claims for reserving initiatives using data analysis.
  • Deliver automated reporting solutions for IFRS 17 financial reporting transformations.
  • Support benchmarking initiatives to enhance pricing strategies.

Benefits

  • Health and Welfare Benefits including mental health support
  • Generous leave benefits including paid holidays and disability leave
  • Retirement benefits including a 401(k) plan with company contributions
  • Flexible working arrangements to support work-life balance
  • Comprehensive additional benefits such as legal and identity theft protection
Full Job Description
Job Description

The Role

As a Property & Casualty Senior Actuarial Analyst, you'll join collaborative project teams delivering reserve studies, capital management initiatives and pricing analyses for our insurance company and self-insured clients. You'll apply actuarial expertise, advanced analytics and leading technology to help clients make confident, data-driven decisions.

Working across engagements in Bermuda, Canada and United States, Senior Actuarial Analysts:
  • Build expertise in capital modeling and portfolio management using Igloo, our fit-for-purpose, market-leading technology.
  • Develop proficiency in financial assessment of insurance-linked securities using ILSE, our market-leading enterprise technology.
  • Collaborate with colleagues on pricing engagements designed to drive client growth and profitability. Apply traditional actuarial methods and advanced predictive modeling techniques to evaluate rate adequacy and design best-in-class rating structures using generalized linear models (GLMs), gradient boosting machines (GBMs) and market data; support rate filings; and expand your technology capabilities through our Radar solutions.
  • Contribute to reserving engagements focused on financial strength and reserve adequacy. Estimate future claim payments for past policies using loss development and claims data; apply machine-led reserving approaches and AI-enhanced actuarial methodologies; support financial and regulatory reporting; and build advanced capabilities in ResQ AI.
  • Help deliver IFRS 17 engagements focused on financial reporting transformation. Develop insurance contract liabilities automated reporting solutions using analytics and AI-enabled technologies, support financial statement preparation, and help insurers modernize their actuarial reporting processes.
  • Support benchmarking initiatives that evaluate pricing strategy and operational processes across insurers' actuarial functions, helping identify opportunities to strengthen performance.


Qualifications

Must Haves
  • Undergraduate degree in actuarial science, statistics or quantitative discipline.
  • 2 to 5 years of experience in actuarial roles.
  • Excellent Microsoft Office skills, particularly Excel.
  • Working knowledge of AI tools.
  • Strong written and oral communication skills.
  • Well organized and detail oriented.
  • Client service orientation and commitment to ethics in business.
  • Strong analytical and problem-solving skills that include the ability to draw conclusions and identify trends from data in a logical, systematic way.
  • Ability to work both independently and on client teams and enjoy a fast-paced environment.
  • Actuarial exam progress toward ACAS and/or FCAS credentials
  • Knowledge of Emblem, Python, R, Radar Base, ResQ and Igloo


Nice to Haves
  • Actuarial exam progress toward ACAS and/or FCAS credentials
  • Knowledge of Emblem, Python, R, Radar Base, ResQ and Igloo


Preferred Locations:
  • Hartford, CT
  • Boston, MA
  • Philadelphia, PA
  • New York, NY
  • Chicago, IL
  • Columbus, OH


Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity

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

Base salary range and 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.

Compensation

The base salary compensation range being offered for this role is $80,000-120,000 USD annually. 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: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identify theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance and other work/life resources
  • Leave Benefits: Paid holidays, annual paid time off (includes state/local paid leave where required), company-paid disability (short-term and long-term disability), other leaves (e.g., bereavement, FMLA, ADA, jury duty, military leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans' eligibility requirements


At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

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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