At a Glance
- Tasks: Join WTW’s Global Specialty team to deliver cutting-edge analytics solutions in reinsurance.
- Company: WTW, a leader in Insurance Consulting & Technology with a collaborative culture.
- Benefits: 25 days annual leave, private healthcare, hybrid working, and a range of perks.
- Other info: Enjoy excellent career growth opportunities and a supportive work environment.
- Why this job: Make an impact by helping clients understand risk and optimise capital deployment.
- Qualifications: Experience in P&C reinsurance and strong analytical skills required.
The predicted salary is between 40500 - 49500 £ per year.
Join WTW’s Global Specialty team within Insurance Consulting & Technology (ICT), supporting the delivery of cutting-edge analytics solutions across Property and Casualty (P&C) reinsurance and capital modelling. This role is focused on helping clients understand risk, assess reinsurance options, optimise capital deployment and make informed decisions using advanced modelling tools and analytical techniques. You will work with colleagues across consulting, technology and analytics to support client projects involving P&C reinsurance pricing, stochastic modelling, capital modelling and portfolio analysis. This is a strong opportunity for someone with experience in P&C reinsurance who enjoys technical problem-solving, model-based analysis and working collaboratively with clients and internal teams.
The Role
- Contributing to reinsurance pricing, risk and capital modelling, supporting analysis across portfolios and structures
- Applying knowledge of reinsurance concepts and treaty structures to help assess risk and inform decisions
- Working with modelling tools (including Igloo) to run, review and interpret analytical outputs
- Using scenario and stochastic techniques to explore risk, capital and reinsurance outcomes
- Translating analytical results into clear, practical insights for clients and internal stakeholders
- Using tools such as Python, Power BI, R or SQL to support data analysis, reporting and automation
- Collaborating with colleagues across analytics, actuarial, underwriting and technology teams, contributing to project delivery and client engagement.
Qualifications
- Experience in P&C reinsurance or closely related areas, such as reinsurers, specialty insurers, reinsurance brokers, or capital / reinsurance teams
- Understanding of reinsurance principles and structures, and how they support risk transfer and decision-making
- Experience contributing to reinsurance pricing, capital modelling, stochastic modelling or risk modelling
- Ability to analyse complex data and model outputs to produce clear, structured insights
- Experience supporting model validation, testing, diagnostics or scenario analysis
- Ability to communicate analytical findings in a clear and practical way for a range of stakeholders
- A collaborative and adaptable approach, with an interest in developing new tools, modelling techniques and analytics capabilities.
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.
Reinsurance Pricing & Analytics Consultant in City of London employer: WTW
WTW is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a comprehensive benefits package that includes 25 days of annual leave, private healthcare, and a defined contribution pension scheme. The work culture fosters professional growth through hybrid working options and opportunities to engage in meaningful community service, making it an ideal environment for those looking to develop their careers while contributing positively to society.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Pricing & Analytics Consultant in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Reinsurance Pricing & Analytics Consultant in City of London
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 WTW.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. 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 WTW
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW 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 WTW, 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 WTW'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.
