Senior Consultant- RAFM

1 month ago

Gurgaon, Haryana, India Willis Towers Watson Full time
Job Description

- Contribution to varied projects including:
- Actuarial modelling using proprietary software for tasks like statutory liability computation, pricing, embedded value, and appraisal value.
- Implementation of IFRS17 and asset liability management.
- Development and delivery of automated solutions for clients:
- Undertaking substantial work streams in process transformation projects.
- Collaborating with project leaders to understand priorities.
- Understanding of the Life insurance industry, its products, and actuarial models.
- Familiarity with proprietary software solutions.
- Contribution to revenue generation by:
- Identifying new client offerings to meet evolving business objectives.
- Building intellectual capital.
- Management of junior colleagues:
- Proactively involved in their knowledge development and career progression.
- Direct interaction with clients:
- Building and leveraging relationships.
- Introducing clients to WTW offerings.
- Recognition and pursuit of innovation opportunities:
- In new technologies, tools, and processes.
- Provision of insights and solutions based on analysis.
- Collaborative work on projects and internal responsibilities.
- Assistance to senior leadership in developing business automation solutions.
- Delivery of work within project deadlines and meeting client expectations.
- Documentation of actuarial model changes and summary of results.
- Participation in learning and development opportunities.
- Ensuring effective communication within the team and with clients.
- Building strong internal relationships and effective collaboration across geographical boundaries.
- Demonstration of effectiveness in client and colleague interactions.
- Adherence to WTW values: Client Focus, Teamwork, Integrity, Respect, and Excellence.

Qualifications

- 6-8 years experience in actuarial role at a life insurance company or in life insurance team at a consulting/financial services firm.
- Minimum 2 years building cashflow models or automation engines for reporting purposes using actuarial software.
- Completion of at least 9 actuarial examinations from either the Institute of Actuaries of India or the Institute and Faculty of Actuaries, UK.
- Proficiency in Microsoft Office tools.
- Experience writing/editing code in VBA, Python, SQL, or PowerShell.
- Ability to independently lead a team to deliver solutions using actuarial software.
- Interest and aptitude for learning new coding languages and technology.
- Proven ability to diagnose and resolve issues with a strong client service orientation.
- Strong working knowledge of reserving, pricing, embedded values, and other common technical actuarial topics.
- Strong communication and analytical skills to explain results to senior leadership and clients.
- Ability to effectively participate in the development of junior resources.

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