Capital Modelling Consultant (Igloo) – Property & Casualty in London

Capital Modelling Consultant (Igloo) – Property & Casualty in London

London Full-Time 56700 - 69300 £ / year (est.) Home office (partial)
Willis Towers Watson

At a Glance

  • Tasks: Design and implement innovative capital modelling solutions for insurers.
  • Company: Join a leading consultancy with top industry experts.
  • Benefits: Enjoy 25 days leave, private healthcare, and hybrid working options.
  • Other info: Opportunities for mentorship and professional growth in a dynamic environment.
  • Why this job: Make a real impact in the insurance industry with cutting-edge technology.
  • Qualifications: Experience in capital modelling and strong analytical skills required.

The predicted salary is between 56700 - 69300 £ per year.

As Actuarial Modelling Consultant (Igloo) within the UK Property & Casualty Consulting Practice you will work beside some of the market’s top thought leaders designing and implementing the next generation of solutions to enable insurers to get real value from the capital modelling, feeding into business and capital strategy, reinsurance purchase and portfolio management.

In your role, you will be helping our clients by:

  • Developing cutting-edge solutions for capital modelling and management, in collaboration with various teams from across WTW.
  • Designing sophisticated MI and capital management capabilities.
  • Building and leveraging your knowledge of the latest developments in the Insurance Industry to add genuine value and insight.
  • Supporting firms in realising the true value of such tools away from the cycle of regulatory reporting.

Your main responsibilities will be as follows:

Clients

  • Work in multi-specialism teams to develop and implement models and tools which utilise the latest technology to address real client needs.
  • Develop a trusted relationship with client contacts through effective communication and efficient, quality execution of projects.
  • Demonstrate commitment to WTW professional standards in managing analyses and in communications with clients.

Thought leadership

  • Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market in relation to the effective use of capital modelling and similar tools in a business.
  • Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations.

Financial and business development

  • Meet goals for 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.

People

  • Build relationships internally and collaborate effectively on cross-functional teams.
  • Serve as a manager or mentor to more junior colleagues.

What you’ll bring:

  • Relevant experience in a capital modelling/management role in an insurance firm or consultancy.
  • An advocate for the use of capital modelling in a business and the adoption of new techniques.
  • Knowledge of the main capital modelling platforms.
  • A background in coding and/or model building.
  • Experience of Igloo software, preferred.
  • 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 candidatehelpdesk@wtwco.com.

Capital Modelling Consultant (Igloo) – Property & Casualty in London employer: Willis Towers Watson

WTW is an exceptional employer that prioritises the professional and personal growth of its employees, offering a comprehensive benefits package that includes generous annual leave, private healthcare, and a robust pension scheme. The collaborative work culture fosters strong relationships across teams, while the opportunity to engage in meaningful projects within the affinity insurance sector allows for impactful contributions to the company's success. With hybrid working options and a commitment to employee wellbeing, WTW stands out as a rewarding place to build a fulfilling career.

Willis Towers Watson

Contact Details:

Willis Towers Watson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Capital Modelling Consultant (Igloo) – Property & Casualty in London

Dive Into Industry Networking Events

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We think you need these skills to ace Capital Modelling Consultant (Igloo) – Property & Casualty in London

Capital Modelling
Insurance Industry Knowledge
Analytical Skills
Interpersonal Skills
Project Management
Communication Skills
Model Building

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Willis Towers Watson.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Towers Watson. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Willis Towers Watson

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Willis Towers Watson to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Willis Towers Watson, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Willis Towers Watson's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.