Welcome to VERCIDA website.

Skip to main content
Enable Recite to make this website accessible

0%
Profile completeness

Did you know that users who have filled in their profile details are 42 times more likely to get matched with the right employer?

security illustration Help us find the best workplace for you by sharing more about yourself. We will never disclose your information with others.

Job description


The Role




Willis Towers Watson provides outsourced actuarial function services to a variety of Life Insurance companies in the UK.

As a Senior Valuation & Capital Actuary (Qualified Actuary) in the Life Actuarial Outsourcing team, you will take a senior role in the delivery team for one of our largest clients. You will be part of a strong, diverse and dedicated group of associates who work in the outsourcing team.

Your work will cover all areas of actuarial work, from Solvency II and IFRS regular reporting, experience investigations, ORSA, capital management, with-profits and strategic projects (including IFRS 17).

You will have regular contact with the client, communicating results (to both actuaries and non-actuaries) and advising on a wide range of actuarial matters.

This is a unique opportunity to join a consultancy practice but work in a team that undertakes similar work to in-house actuaries in insurance companies.

We are a growing and high-performing team, with a mission to improve the service we provide to our insurance clients. We are looking for someone ready to embrace the challenge to get involved in a wide range of activities and not limit themselves to a traditional role. This is a unique role and one you can shape, with a broad range of career development opportunities in a collaborative and supportive team atmosphere.

The role is located in Manchester, which is where our actuarial outsourcing team operates from. There will be some Work From Home (WFH) and flexible working opportunities, and occasional travel to our London office and client sites.

The role will involve:

Actuarial

  • Lead your team on actuarial matters for a broad range of work, including primary review of and responsibility for Solvency II balance sheet and IFRS reporting.
  • Strong technical and actuarial skills to interpret, challenge and review a results with a focus on the bigger picture and how they impact the client.
  • Report into senior actuaries (such as Head of Reporting)
  • Preparing drafts of reports and able to explain results appropriately.
  • Advise the team on methodology and complex actuarial matters.
  • Complete work in adherence to professional excellence and external standards and enforce these within the team

Project Management

  • Responsible for your team delivering work in accordance to financial reporting timetables and other deadlines.
  • Liaise with the operations manager to ensure we have suitable resource capacity available.
  • Liaise with the client to ensure the timetables and deadlines are mutually achievable.
  • Negotiate the nature and frequency of additional requests that come to the actuarial team, with a clear ability to prioritise the relative importance of tasks.

People

  • Build relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Takes an active interest in the development of more junior staff, sharing in detail the completion of routine tasks

Client/Account Management

  • Outsourcing contracts are long-term and you will have responsibility in nurturing and managing the relationship with the client.
  • Deliver on projects to meet or exceed client expectations

Continuous Improvement

  • You will have responsibility to proactively seek and drive improvements to all aspects of the outsourcing project. This may be through a variety of process, system and people related improvements.
  • Work with the continuous improvement manager to ensure these are delivered and that the job and team is operating efficiently and effectively


The Requirements

  • FIA qualified (or equivalent) is essential, with strong experience in financial reporting.
  • Experience and expertise leading on a range of financial and actuarial reporting, with Solvency II reporting experience being essential.
  • A demonstrable track record in delivering high quality output to deadlines.
  • Strong sense of personal accountability and drive to improve the way we work.
  • Flexibility and proven ability to diagnose and resolve issues
  • Strong analytical and creative skills
  • Focussed, enthusiastic and with a positive growth mindset.
  • Proven team management and delegation skills and a natural desire to coach and mentor junior associates
  • Excellent Microsoft Office skills, particularly Excel and PowerPoint



EQUAL OPPORTUNITY EMPLOYER

Learn more about Willis Towers Watson

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

Articles you might like

Other jobs in Business Services

You will receive an email with link to reset your password.

Enter your new password