at WTW in Chicago, Illinois, United States
Job Description
The individual in this role will work as a leader of several project teams supporting clients on a wide variety of engagements covering topics such as financial modeling, financial reporting, mergers and acquisitions, regulatory issues, pricing, and product development, focused especially on annuity products including MYGA, FIA, VA and RILA. Our clients demand leading edge products and expertise, and as a director with our firm, you can expect to gain tremendous exposure to all facets of life insurance operations. This position comes with significant upwards potential for a successful and motivated candidate.
Note : Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
+ Lead parts of large projects or whole small projects to meet client engagement objectives
+ Manage and direct more junior colleagues that perform analysis and develop tools, ensuring a high quality work product has been prepared and will be delivered the client
+ Share knowledge and experience with other colleagues
+ Mentor junior colleagues
+ Work collaboratively with others on a project team
+ Review peer work product as a quality control measure
+ Lead client correspondence in both written and verbal format
+ Lead meetings and interactions with clients, managing expections and raise appropriate issues to Client Relationship Managers
+ Contribute to development of intellectual capital that leads to our service offerings such as Predictive Analytics, Financial Modeling, Experience Analysis, Regulation Changes among others
+ Support revenue generation for the firm by meeting billable hour expectations and generating new business both individually and as part of the broader client relationship management team
+ Complete CE requirements to maintain SOA credentials
The Requirements
+ At least 7 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization
+ Strong technical skills, preferably with ability to direct and review work produced in at least one of: Microsoft Excel with VBA, SQL, or R
+ Expertise in financial modeling and leading projects utilizing actuarial software (Moody’s Analytics AXIS, RiskAgility FM, MG-ALFA, Moses, Prophet, and/or Polysystems) is a plus
+ Expertise in annuity products such as MYGA, FIA, VA and RILA
+ Expertise 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, and product development / pricing.
+ Motivated, independent learner willing to share their knowledge with others
+ Ability to work collaboratively across multiple offices
+ Ability to direct work involving technical issues and requiring problem solving skills
+ Ability to effectively assist junior colleagues
+ Ability to explain the big picture as to why an assignment needs to be performed, how it fits in to the final objective and ensure that tasks performed are directly linked to client objectives
+ Ability to balance supporting and leading multiple projects with multiple clients, including timely communication of project and deliverable status
+ Flexibility to put in extra effort to meet client deadlines when necessary
+ Strong oral and written communication skills to explain work product, findings, and recommendations to junior colleagues, peers, and clients
+ FSA preferred
+ Prior client-facing, consulting experience preferred
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary being offered for this role is $225,000.USD -$300,000. USD. This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
+ Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
+ Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf) ( Washington State only )
+ Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
EOE, including disability/vets
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