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- Tasks: Support client projects in reinsurance analytics and enhance risk understanding with innovative modelling tools.
- Company: Join a global leader in insurance consulting with a collaborative culture.
- Benefits: Enjoy 25 days leave, health perks, hybrid work, and a pension scheme.
- Why this job: Make a real impact in the reinsurance industry while developing your technical skills.
- Qualifications: Experience in reinsurance and strong analytical skills are essential.
- Other info: Dynamic environment with opportunities for professional growth and community involvement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
As part of our Global Specialty team within Insurance Consulting & Technology (ICT), you will support the broader business development agenda as well as contribute directly to the sale and delivery of client projects, with a focus on traditional and alternative reinsurance markets. This is an exciting opportunity for an analytically minded reinsurance professional who enjoys technical depth, problem solving, and working with innovative modelling tools within a highly collaborative global team. You will play a key role in helping clients enhance their understanding of risk, optimise their capital deployment and reinsurance strategies, and leverage our technology solutions to make more informed decisions. This includes hands-on technical development, collaboration with our technology teams, and regular engagement with clients.
The Role
Responsibilities
- Client Delivery & Technical Work
- Support and deliver pricing and risk modelling projects for traditional and alternative reinsurance structures, which will build on your knowledge of reinsurance agreements and key reinsurance contract features.
- Develop a strong, practical understanding of WTW’s Igloo Standard Model including:
- Data input tables
- Model methodologies
- Standard reporting and outputs
- Build an extensive understanding of the Igloo parametrisation tool and its application across client projects.
- Extract detailed model results and interpret Igloo code to support technical diagnostics and enhancement.
- Apply common methods for data ingestion and data output using Python, Power Query, Power BI.
- Calibrate loss distributions for pricing, capital modelling, and portfolio analysis.
- Apply common reinsurance pricing methods.
- Communicate regularly with client stakeholders including:
- Capital modelling actuaries
- Reinsurance purchase teams
- Reinsurance pricing actuaries
- Underwriters
- Reinsurance brokers
- Capital markets teams
- Work closely with colleagues across the Global Specialty team and other ICT offices.
- Build rapport with our Technology teams to enhance our software, tools, and analytical capabilities.
Qualifications
What you’ll bring
- Proven reinsurance experience with strong understanding of reinsurance principles, treaty structures, and pricing approaches.
- Technical aptitude and willingness to develop deep expertise in a modelling ecosystem (Igloo, Python, Power BI, etc.).
- Experience with analytical or actuarial work, ideally in pricing, risk modelling, or capital modelling.
We Are Looking For Motivated Individuals Who
- Are natural problem-solvers and self-driven in their learning.
- Enjoy technical, actuarial, and analytical work with a hands-on mindset.
- Bring a “can do” attitude and thrive in a dynamic project environment.
- Are comfortable communicating with clients regularly and building strong professional relationships.
- Are curious, proactive, and eager to explore how technology can enhance client outcomes.
- Are diligent and detail-oriented, but also able to step back and consider the bigger picture.
- Demonstrate strong time management and organisational skills.
What We Offer
Enjoy a benefits package designed to help you thrive, both professionally and personally. You will 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.
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 Analytics Consultant in London employer: WTW
Contact Detail:
WTW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Analytics Consultant in London
✨Tip Number 1
Network like a pro! Reach out to folks in the reinsurance industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your skills! If you’ve got experience with Python or Power BI, create a mini-project or case study to demonstrate your analytical prowess. Share it during interviews to impress!
✨Tip Number 3
Prepare for client interactions! Brush up on common questions and scenarios you might face when engaging with clients. Being ready to discuss their needs shows you’re the right fit for the role.
✨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 joining our team.
We think you need these skills to ace Reinsurance Analytics Consultant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Reinsurance Analytics Consultant role. Highlight your analytical prowess, technical skills, and any relevant reinsurance experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about reinsurance and how your problem-solving skills can contribute to our team. Be genuine and let your personality come through.
Showcase Your Technical Skills: Since we’re looking for someone with a strong technical aptitude, don’t shy away from mentioning your experience with tools like Python, Power BI, or any modelling software. Give us examples of how you've used these in past projects!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at WTW
✨Know Your Reinsurance Stuff
Make sure you brush up on your knowledge of reinsurance principles, treaty structures, and pricing approaches. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can also dive into the technical details.
✨Get Hands-On with the Tools
Familiarise yourself with the Igloo Standard Model and tools like Python and Power BI. If you can demonstrate your understanding of how to use these tools in practical scenarios during the interview, it’ll set you apart from other candidates.
✨Practice Client Engagement
Since client communication is key, practice articulating how you would engage with various stakeholders. Think about how you would translate complex modelling results into actionable insights for clients, as this will be crucial in your role.
✨Show Your Problem-Solving Skills
Prepare examples of past experiences where you've tackled complex problems or projects. Highlight your analytical mindset and how you approach challenges, as this aligns perfectly with what they’re looking for in a motivated individual.