About the Role
Join our multidisciplinary Affinity consulting team as an aspiring actuarial analyst. You will support client strategy, customer engagement, and operational excellence by developing insurance solutions and optimizing existing offerings for Affinity program sponsors. This role offers exposure to various insurance lines, clients, and unique solutions, with a significant growth trajectory to support client consulting.
Responsibilities
- Provide actuarial and analytical support on various insurance business lines and programs.
- Participate in consulting mandates by providing support on pricing analysis, loss reserving, profit-sharing analysis, financial forecasting, scenario modeling, claims analytics, dashboard reporting, industry benchmarking, and other ad hoc analysis.
- Support actuarial and non-actuarial consultants by preparing and reconciling data, developing summary analyses, producing reports and presentations, and assisting with client and third-party communications.
- Leverage technical skills to streamline processes, enhance efficiencies, and develop innovative approaches to complex actuarial and analytical problems.
- Assist with client RFP processes by summarizing vendor partnership proposals and providing analytical support for evaluation.
- Assist with other research and presentation material for new client prospects.
Requirements
- Ability to work well in teams and independently with appropriate guidance.
- Assist senior colleagues with projects related to key insurance lines including travel insurance, embedded credit card insurance, personal home & auto insurance, and life and health insurance solutions.
- Participate in WTW's study program in pursuit of a professional actuarial designation through a recognized actuarial professional association such as the Casualty Actuarial Society (CAS) or Society of Actuaries (SOA).
Skills
- Actuarial analytics
- Pricing analysis
- Loss reserving
- Profit-sharing analysis
- Financial forecasting
- Scenario modeling
- Claims analytics
- Dashboard reporting
- Industry benchmarking
- Data preparation
- Data reconciliation
- Developing summary analyses
- Producing reports and presentations
- Client and third-party communications
- Technical skills
- Streamlining processes
- Enhancing efficiencies
- Developing innovative approaches
- Complex actuarial and analytical problem-solving
- RFP process support
- Analytical support for evaluation
- Research
- Presentation material development
Experience Level
- Aspiring actuarial analyst
About the Company
- A unique practice in the Canadian marketplace specializing in developing new insurance solutions and optimizing existing offerings for Affinity program sponsors.
- Programs are targeted at large customer or membership bases of clients whose core business is not always insurance (e.g. banks and other financial institutions, retailers, associations, hospitality providers and others).
- Solutions are positioned to be complementary to the core services or product offerings of these Affinity organizations and the associated strategies that they employ to achieve key objectives of customer/member engagement, optimized customer experience, and revenue and business growth.
- Constantly challenging the market status quo.
