Commercial Lines Pricing Associate Director
Commercial Lines Pricing Associate Director

Commercial Lines Pricing Associate Director

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead innovative pricing strategies for top commercial insurers and optimise their approaches.
  • Company: Join Willis Towers Watson, a leader in insurance consulting and cutting-edge solutions.
  • Benefits: Enjoy flexible working options, professional development, and a collaborative culture.
  • Why this job: Be part of a dynamic team shaping the future of commercial lines pricing with impactful solutions.
  • Qualifications: Experience in commercial lines pricing; strong analytical skills and a passion for innovation required.
  • Other info: Opportunities for travel and mentorship, plus a commitment to diversity and inclusion.

The predicted salary is between 43200 - 72000 £ per year.

As a Commercial Lines Pricing Associate 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.
  • The Role

    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
  • Thought leadership

  • 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
  • Financial and business development

  • 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
  • People

  • Build relationships internally and collaborate effectively on cross-functional teams
  • Serve as a manager or mentor to more junior associates
  • Commercial Lines Pricing Associate Director employer: WTW

    Willis Towers Watson is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a Commercial Lines Pricing Associate Director, you will have the opportunity to work alongside industry leaders, enhancing your skills while contributing to cutting-edge solutions for top commercial insurers. With a strong commitment to employee development, a culture of mentorship, and a focus on diversity and inclusion, Willis Towers Watson provides a rewarding career path in a supportive and forward-thinking atmosphere.
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    Contact Detail:

    WTW Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Commercial Lines Pricing Associate Director

    ✨Tip Number 1

    Network with professionals in the insurance and consultancy sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues and clients. Building relationships can help you gain insights into the role and may lead to referrals.

    ✨Tip Number 2

    Stay updated on the latest trends in commercial lines pricing and underwriting. Follow relevant publications, blogs, and thought leaders on social media. This knowledge will not only enhance your understanding but also demonstrate your commitment to the field during interviews.

    ✨Tip Number 3

    Consider joining professional associations related to insurance and pricing. These organisations often provide resources, training, and networking opportunities that can be invaluable in your job search and career development.

    ✨Tip Number 4

    Prepare to discuss your experience with data enrichment and analytical techniques during interviews. Be ready to share specific examples of how you've applied these skills in previous roles, as this will highlight your suitability for the position.

    We think you need these skills to ace Commercial Lines Pricing Associate Director

    Commercial Lines Pricing Expertise
    Analytical Skills
    Data Enrichment Techniques
    Machine Learning Knowledge
    Radar Software Proficiency
    Project Management
    Client Relationship Management
    Effective Communication Skills
    Financial Acumen
    Business Development Skills
    Interpersonal Skills
    Team Collaboration
    Mentoring and Training Abilities
    Creative Problem-Solving
    Adaptability in Fast-Paced Environments

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in Commercial Lines pricing and showcases your analytical skills. Use specific examples that demonstrate your ability to optimise pricing strategies and deliver effective solutions.

    Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your background aligns with the responsibilities of the position and your commitment to innovation in pricing strategies.

    Showcase Thought Leadership: If you have published articles or given presentations related to commercial lines pricing, include these in your application. This demonstrates your expertise and commitment to the field, which is crucial for this role.

    Highlight Interpersonal Skills: Since the role involves building relationships with clients and mentoring junior staff, emphasise your interpersonal skills in your application. Provide examples of how you've successfully collaborated with diverse teams or mentored others in previous roles.

    How to prepare for a job interview at WTW

    ✨Showcase Your Analytical Skills

    As a Commercial Lines Pricing Associate Director, you'll need to demonstrate strong analytical abilities. Prepare examples of how you've used data to drive pricing strategies or improve underwriting processes in your previous roles.

    ✨Understand the Market Landscape

    Familiarise yourself with current trends and challenges in the commercial insurance market. Being able to discuss these insights during your interview will show that you're not only knowledgeable but also passionate about the industry.

    ✨Highlight Your Leadership Experience

    Since this role involves mentoring junior associates and leading projects, be ready to share specific instances where you've successfully managed teams or influenced others. This will illustrate your capability to lead and inspire.

    ✨Prepare for Technical Questions

    Expect questions related to pricing models, data enrichment techniques, and possibly even machine learning applications. Brush up on relevant software like Radar and be prepared to discuss how you've applied these tools in your work.

    Commercial Lines Pricing Associate Director
    WTW
    Location: London
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    • Commercial Lines Pricing Associate Director

      London
      Full-Time
      43200 - 72000 £ / year (est.)
    • W

      WTW

      10000+
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