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    Senior Actuarial Consultant- Life - Gurgaon, India - WTW

    WTW
    WTW Gurgaon, India

    1 week ago

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    Full time
    Description
    This role is based in Gurgaon (India) in the insurance consulting team. We are looking for an actuary with at least 6-8 years of experience in the life insurance domain, enthusiastic to join as a senior consultant in our life consulting practice. Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who have expertise across markets, geographies and disciplines. We also work closely with our technology team ho are responsible for developing some of the most innovative and widely used life actuarial software in the market including RAFM, unify, data validator, WTW IFRS 17 enterprise solution and other such tools.

    Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who have expertise across markets, geographies and disciplines. We also work closely with our technology team who are responsible for developing some of the most innovative and widely used life actuarial.
    software in the market including RAFM, unify, data validator, WTW IFRS 17 enterprise solution and other tools.

    The role

    As a senior consultant you will work beside some of the industry's top thought leaders designing and implementing cutting-edge solutions to challenges faced by the world's leading insurers. You will be a part of our Insurance Consulting and Technology team in Gurgaon and serving clients across India. Our fast-growing team is widely-respected for its technical excellence, ability to analyze complex situations and provide relevant, practical and robust advice. We provide a wide range of consulting services and software solutions to insurance companies, including modelling, reserving, pricing, risk management, M&A, strategy, regulatory and management consulting.
    • Manage projects, working alongside senior leadership and leading different work-streams for various projects including IFRS17 gap implementations, result analysis, computation/review of embedded value and appraisal value for shareholder reporting, mergers and acquisitions, IPO projects, and support to actuarial functions such as calculation/peer review of statutory valuations, product development/pricing, asset risk assessment, and asset-liability management.
    • Actively interact directly with clients and leadership to develop new go-to-market solutions and deliver value-added propositions, contributing to the development of new technical tools and processes and collaborating with senior leadership to plan their roll-out to the market.
    • Contribute to revenue generation by identifying new areas of offering for clients to achieve evolving business objectives, building valuable intellectual capital in the process.
    • Contribute to research and thought leadership.
    • Manage a team of junior colleagues, actively involved in developing their knowledge and ensuring their career development.
    • Interact directly with clients, build relationships, leverage existing relationships, and introduce clients to WTW offerings to enable client procurement.
    • Work collaboratively on a range of projects/internal responsibilities, managing priorities appropriately.
    • Demonstrate the WTW values of client focus, teamwork, integrity, respect, and excellence.
    The requirements
    • 7+ years of experience in actuarial role at a non-life insurance Company or in non-life insurance team in a consulting/financial services firm.
    • Qualified Actuary / nearly qualified from Institute of Actuaries of India or Institute and Faculty of Actuaries, UK.
    • Proficient with Microsoft Office tools particularly Excel and Power Point.
    • Strong working knowledge of reserving, pricing and other common technical actuarial topics.
    • Working knowledge on IFRS 17 implementation practices.
    • Experience in actuarial software such as ResQ, Emblem, Radar etc.
    • Experience of writing and/or editing code in VBA, Python, SQL or PowerShell.
    • Strong communication and analytical skills to efficiently make judgments and explain results to senior leadership and identify solutions for clients, along with participate effectively in development of junior resources.
    • Ability to develop out-of-box solutions as part of projects.
    • Good team management skills.
    • Self-motivated to learn and develop new skills, ideas and solutions for clients.
    • Proactive, energetic, and can demonstrate being a "safe pair of hands".
    • Good project management, task prioritization and time management skills.
    • Willingness to travel to client site when required.
    • Hands-on experience on other geographies beyond India/APAC regions.
    Equal Opportunity Employer
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