Reserving Actuary Consultant

Job Description

P and C Reserving Consultant | WTW

The Tone:
This is a full-time role at WTW, located in the UK with travel to offices or client sites. WTW operates a market-leading general insurance practice within its UK Insurance Consulting and Technology line of business, providing expert actuarial services in reserving, capital, and pricing. This role is crucial for an experienced reserving actuary to help further develop WTW’s reserving practice, contribute to adjacent areas, and deliver market-leading solutions to a broad range of clients, working alongside top thought leaders and influencing cutting-edge propositions.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Hybrid – UK

• Team: UK non-life reserving team within the General Insurance practice, part of the wider UK Insurance Consulting and Technology line of business.
• Mission: To further develop WTW’s general insurance reserving practice, contributing to adjacent areas like capital and pricing, while delivering market-leading actuarial solutions and thought leadership to a diverse client base.
• Tech Stack: ResQ, Machine Led Reserving (MLR)

What You’ll Actually Do
• Lead Delivery: Lead the delivery of high-quality actuarial work in line with agreed deadlines for a broad range of general insurance clients, including Lloyd’s managing agencies, multinational (re)insurers, UK and European domestic insurers, and niche market players.
• Perform Client Services: Conduct independent reserve reviews and engage in diverse reserving offerings, including process transformation & automation, methodology reviews, M&A due diligence, outsourced reserving functions, IFRS17, and Solvency II client engagements.
• Develop Technical Solutions: Apply technical reserving expertise, insurance market experience, and creativity to interpret data, draw conclusions, present model results, and influence cutting-edge propositions.
• Advance Thought Leadership: Lead or contribute to UK, European, or global thought leadership initiatives, developing innovative and commercially important work streams like advanced analytics and reserving transformation.
• Oversee Projects & Team: Manage projects or substantial work streams from conception through to delivery, including client communications and junior colleague management, while supporting people and team development through line management, mentoring, recruitment, and training sessions.

The Must-Haves
• Background: Non-life insurance background with extensive reserving experience; Qualified Actuary (FIA or equivalent) or possesses equivalent professional experience working in this role.
• Experience: Significant experience in a reserving or mixed actuarial role, gained at an insurance firm or consultancy, with strong knowledge of London Market or Commercial Lines classes of business. Demonstrated project management capabilities, including task prioritization, delegation, and effective time management.
• Skills: Ability to produce clear, concise, and appropriate client deliverables and reports; Proven experience in presenting complex results, including key uncertainties, to senior colleagues or clients; Capability to grasp the “big picture” and strategically address client business challenges by utilizing resources across related practices; A personable, approachable, and enthusiastic team player who collaborates effectively.
• Bonus: Experience with coding languages; Experience or interest in latest AI developments.