Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead captive insurance consulting projects and develop new business strategies.
- Company: Dynamic insurance consultancy with a focus on innovation and collaboration.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Join a diverse team committed to inclusivity and excellence.
- Why this job: Make a significant impact in the insurance industry while working with top professionals.
- Qualifications: Experience in captive consulting and strong client relationship skills required.
The predicted salary is between 100000 - 150000 £ per year.
Senior Captive Consultant reporting to the UK based Regional Captive Advisory Lead ("RCAL") in SRC. You will work in unison with SRC and Captive & Insurance Management Solutions (CIMS) in creating new captive consultancy and captive management opportunities. You will represent SRC and CIMS interests internally (WTW brokers and colleagues) and externally (clients and prospects) in helping to promote our consulting services, including providing general technical and utilisation advisory services.
Key Responsibilities
- Develop a marketing and new business strategy in cooperation with the RCAL.
- Implement the marketing and new business strategy.
- Identify new business opportunities (including cross‑selling opportunities) within existing and new client base.
- Take responsibility for new business development projects.
- Promote the Company within and outside WTW.
- Provide technical advice on request within WTW.
- Liaise with insurance brokers, reinsurance brokers, and claims personnel as required.
- Assess exposures and risk transfer pricing.
- Monitor and advise on strategic utilisation solutions, solvency and capital requirements, captive regulatory frameworks, underwriting strategy for captives, reserving methodology, captive management accounts, statutory accounts, budgets, cash flow statements and supplementary information as required.
- Proactively support and provide input on strategic and major operational issues.
- Assume responsibility for allocated projects and implement policies adopted by the team.
- Maintain contact with all client directors and leadership of pipeline, sales and project developments.
- Ensure timely development and delivery of consulting projects.
- Maintain client & prospect relationships.
- Work hybrid: minimum 2 days per week in London office.
Qualification / Experience
- Captive consulting / management experience required.
- Insurance industry experience required.
- Experience supporting independent delivery of captive consulting or captive management.
- Advanced computer skills.
- Ability to monitor quality control.
- Client relationship skills.
- Project management skills.
- Presentation skills.
- People management skills.
- Ability to solve complex issues and raise highly complex issues to higher level.
- Ability to influence and negotiate.
- Excellent verbal and written communication skills.
Equal Opportunity Statement
We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organization.
Director - Captive Insurance Consulting in City of Westminster employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director - Captive Insurance Consulting in City of Westminster
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, attend events, and join relevant groups. The more people you know, the better your chances of landing that dream role.
✨Tip Number 2
Showcase your expertise! Create a personal brand online by sharing insights and articles related to captive insurance. This will position you as a thought leader and attract potential employers.
✨Tip Number 3
Don’t just apply – engage! When you find a role that excites you, reach out to current employees on LinkedIn. Ask them about their experiences and express your interest in the position.
✨Tip Number 4
Keep it local! Apply through our website for the best chance at getting noticed. We love seeing applications from candidates who are genuinely interested in joining our team.
We think you need these skills to ace Director - Captive Insurance Consulting in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your captive consulting and management experience, as well as any relevant project management skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Director role. Mention your experience in developing marketing strategies and your ability to identify new business opportunities. Let us know how you can help promote our consulting services!
Showcase Your Communication Skills: Since excellent verbal and written communication skills are key for this role, make sure your application is clear and professional. Use concise language and avoid jargon. We appreciate straightforward communication that gets to the point!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Willis Towers Watson
✨Know Your Captive Insurance Stuff
Make sure you brush up on your captive insurance knowledge. Understand the latest trends, regulations, and strategies in the industry. Being able to discuss these topics confidently will show that you're not just familiar with the field but also passionate about it.
✨Showcase Your Business Development Skills
Prepare examples of how you've successfully developed new business opportunities in the past. Think about specific projects where you identified cross-selling opportunities or implemented marketing strategies. This will demonstrate your ability to drive growth, which is crucial for this role.
✨Build Rapport with Your Interviewers
Remember, interviews are a two-way street! Take the time to connect with your interviewers. Ask them about their experiences at the company and share your own insights. Building a good rapport can make a lasting impression and show that you’re a team player.
✨Prepare for Technical Questions
Expect to be asked technical questions related to risk transfer pricing, solvency, and capital requirements. Brush up on these areas and be ready to provide clear, concise answers. Demonstrating your technical expertise will reassure them that you can handle the complexities of the role.