At a Glance
- Tasks: Design and implement innovative pricing solutions for leading commercial insurers.
- Company: Join a top consulting firm known for its collaborative and forward-thinking culture.
- Benefits: Enjoy 25 days leave, hybrid working, and a comprehensive health package.
- Why this job: Make a real impact in the insurance industry with cutting-edge technology and data insights.
- Qualifications: Experience in commercial lines pricing and strong analytical skills required.
- Other info: Opportunities for mentorship and professional growth in a dynamic environment.
The predicted salary is between 72000 - 108000 £ per year.
As a Commercial Lines Pricing Senior Director within the UK P&C Consulting Practice you will work beside some of the market’s top thought leaders designing and implementing cutting‑edge solutions to pricing and underwriting challenges faced by the world’s leading commercial insurers.
In your role you will be helping our clients by:
- Optimising their Commercial Lines pricing strategies and approaches
- Delivering pricing and underwriting capability reviews and pricing transformation engagements
- Helping to build effective Commercial Lines pricing models, tools and processes
- Designing sophisticated MI and portfolio management capabilities
- Leveraging your market knowledge in developing cutting edge solutions for commercial lines pricing in collaboration with various teams from across Willis Towers Watson
- Bringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.
Your main responsibilities will be as follows:
Clients- To build a market profile as a representative and advocate of Willis Towers Watson commercial lines pricing consulting services and software tools
- Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
- Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
- Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
- Demonstrate commitment to Willis Towers Watson professional standards in managing analyses and in communications with clients
- To develop new relevant propositions or to enhance current propositions in commercial lines pricing leveraging Willis Towers Watson’s toolset and broader pricing intellectual property and resources
- Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
- Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations
- Meet goals for billable hours and intellectual capital development
- Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
- Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services
- Build relationships internally and collaborate effectively on cross‑functional teams
- Serve as a manager or mentor to more junior associates
Qualifications
What you’ll bring:
- Relevant experience in a Commercial Lines pricing role in an insurance firm or consultancy
- Ability to work effectively with people from a broad range of professional backgrounds
- An advocate for the development of analytical approaches and the adoption of new techniques
- Advocate for the value of data enrichment in commercial lines pricing and underwriting
- Exposure to machine learning or big data techniques beneficial
- Experience of Radar software is preferred
- Experience or interest in selling projects to insurance / financial institutions
- A track record in innovation and creativity delivering realised revenue enhancements
- Ability to work in a dynamic, fast‑paced environment and drive change effectively.
- Strong interpersonal and team skills
- Self‑starter attitude and ability to work within ambiguity
- Strong analytical and creative skills
- Enjoy training / mentoring junior staff
- The ability to see the "big picture", leveraging the resources of related practices to address the clients' business challenges
- Availability to travel on an as needed basis, domestically and internationally
What we offer
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle‑to‑work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com
Commercial Lines Pricing Consultant - Senior Director employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Lines Pricing Consultant - Senior Director
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and consultancy sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise in commercial lines pricing.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of pricing strategies and data enrichment techniques. Be ready to discuss how you've tackled challenges in previous roles and how you can bring innovative solutions to the table.
✨Tip Number 3
Showcase your thought leadership! Write articles or create presentations on relevant topics in commercial lines pricing. This not only builds your reputation but also demonstrates your commitment to the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Commercial Lines Pricing Consultant - Senior Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Commercial Lines Pricing Consultant. Highlight relevant experience and skills that align with the job description, especially in pricing strategies and data enrichment.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past work that demonstrate your ability to innovate and drive change in commercial lines pricing.
Showcase Your Thought Leadership: If you've contributed to articles or presentations in your field, mention them! We love seeing candidates who are passionate about sharing their knowledge and enhancing their public reputation.
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’s super easy!
How to prepare for a job interview at Willis Towers Watson
✨Know Your Pricing Strategies
Make sure you brush up on the latest trends and techniques in commercial lines pricing. Be ready to discuss how you've optimised pricing strategies in your previous roles, and think about specific examples where your insights led to tangible results.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing any relevant projects where you've used data enrichment or machine learning techniques. Bring along examples of how these approaches have improved pricing models or underwriting processes.
✨Build Relationships with Confidence
Since this role involves developing trusted advisor relationships, practice articulating how you’ve successfully built rapport with clients in the past. Think of specific instances where your communication skills made a difference in project execution.
✨Be Ready to Innovate
Expect questions about your ability to innovate within the commercial lines pricing space. Prepare to share ideas for new propositions or enhancements you've developed, and be ready to discuss how you can leverage Willis Towers Watson’s resources to drive change.