ICT Bermuda ILS Actuarial Analyst

4 weeks ago

Hamilton, Canada Willis Towers Watson Full time

Preference will be given to Bermudian, spouse of Bermudian and/or PRC holder

The Role

A role in ICT is stimulating, challenging, exciting and extremely rewarding.

We require colleagues who are technically and mathematically minded, with the ability to solve complex and challenging commercial problems using innovative and proportionate approaches.

You will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. As part of your role, you will:

  • Assist with the pricing, valuation and development of ILS and reinsurance products
  • Work to develop financial projections of clients’ business
  • Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
  • Communicate with client stakeholders, working directly alongside clients or joining meetings/calls discussing progress or sharing deliverables
  • Document, review and present your own work
  • Follow the firm’s Excellence guidelines

You will have the opportunity to sit the actuarial exams to become a Fellow of the UK (IFoA) or US (CAS) Actuarial Institutes. WTW offers a substantial and flexible study support package that includes:

  • Membership fees of the Actuarial profession.
  • Providing study materials / support for each exam, such as course notes, sample questions, past paper questions, mock exams, and revision notes.
  • Cost of sitting each exam and re-sit attempt(s) if required.
  • Study leave – roughly one day per weekduring the exam period.
  • A large body of international colleagues working through the same exams, as well as qualified actuaries willing to lend their support.

Requirements

  • A Bachelor’s or Master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of3.3 on a 4.0 scale or upper second-class degree including copy of university transcript.
  • Actuarial experience, preferably including experience in actuarial consulting and/or loss reserving and risk management, with the following requirements by position:
    • Analyst - property/casualty actuarial experience of either an internship, co-op program, or three months combined work experience in a property/casualty actuarial role.
    • Senior Analyst - two to three years work experience in a property/casualty actuarial role.
  • Progress with actuarial exams highly preferred
  • Strong computer skills and proficiency in Microsoft Office, particularly Excel; additional programming/software skills preferred, e.g. SQL, VBA
  • Hardworking, willing to put in extra hours to meet deadlines and availability to travel on an as needed basis
  • Excellent oral and written communication skills

No agencies please.

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