Manager - Actuarial Life and Annuity Consulting

WTW•Philadelphia, PA

1d•Hybrid

About The Position

Our industry-leading life insurance consulting team is seeking a Manager to join the team in the US to support high-performing client delivery teams. In this role, you will work across a range of engagements including financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. The ideal candidate will possess experience in certain aspects of life or annuity product design and pricing, distribution, financial modeling, asset liability management (ALM), regulatory developments and/or financial risk. This position offers unparalleled exposure to all facets of life insurance operations and presents exceptional opportunities for upward mobility for motivated, results-oriented professionals.

Requirements

Minimum 4 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
Familiarity with regulatory capital regimes
Excellent oral and written communication skills, with the ability to clearly convey findings, recommendations, and work products to team members
Ability to translate complex technical concepts for both technical and non-technical audience
Demonstrated ability to collaborate effectively across different disciplines and work styles, with a willingness to share knowledge
Strong technical proficiency in programming languages (e.g. Microsoft Excel with VBA, SQL, Python, or R) and/or financial modeling software (e.g. GGY AXIS, Risk Agility, MG-ALFA, Moses, Prophet, Slope, or Polysystems)
Experience in at least one specific life insurance and/or annuity product line
Experience in at least one of the following functional areas as applied to the life insurance industry: predictive analytics / data science, experience studies, financial reporting, financial modeling, mergers & acquisitions, product development / pricing and risk management
Self-motivated, proactive learner with a passion for driving new developments
Willingness to mentor junior colleagues and foster their professional growth
Strong multitasking abilities, effectively managing multiple projects and clients while providing timely updates on project status and deliverables
Flexibility to put in extra effort to meet client deadlines when necessary

Nice To Haves

ASA preferred

Responsibilities

Manage workstreams to achieve engagement and budget objectives
Strengthen industry relationships through delivering high-quality work, following regulatory updates, involvement with industry-led events, and interaction with clients
Share expertise and strategic insights with colleagues to drive team growth and contribute to overall business development
Provide mentorship and coaching to junior staff, supporting their professional development and career advancement.
Conduct thorough technical reviews ensuring high-quality work product which conforms with WTW Excellence standards
Support client correspondence by playing a role in preparing for meetings and written or verbal communications with clients
Contribute to the development of intellectual capital to strengthen our service offerings through research, publication of articles, participation in industry events and WTW webinars, podcasts, etc.
Support revenue growth by meeting billable hour expectations and assisting in the sales process as part of broader client relationship management teams
Partner with senior sellers to contribute to proposals
Make continuous progress on or maintain professional credentials by utilizing WTW’s competitive student program or completing SOA Continuing Education (CE) requirements

Benefits

Mental health/emotional wellbeing (including Employee Assistance Program)
medical (including prescription drug coverage and fertility benefits)
dental
vision
Health Savings Account
Commuter Accounts
Health Care and Dependent Care Flexible Spending Accounts
company-paid life insurance
supplemental life insurance
AD&D
group accident
group critical illness
group legal
identify theft protection
wellbeing program
adoption assistance
surrogacy assistance
auto/home insurance
pet insurance
other work/life resources
Paid holidays
annual paid time off (includes state/local paid leave where required)
company-paid disability (short-term and long-term disability)
other leaves (e.g., bereavement, FMLA, ADA, jury duty, military leave, and Parental and Adoption Leave)
Paid Time Off (only included for Washington roles)
Qualified contributory pension plan (if eligible)
401(k) plan with annual nonelective company contribution.
Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements