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WTW

Actuarial Director Life - Cayman

WTW, Bermuda, Alabama, United States,


Description

Directors in this role will develop a presence in Cayman for life actuarial consulting. They will look to advise companies that are looking to establish or that have established in Cayman across a wide variety of engagements covering topics such as licensing and set-up, capital management, financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. 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.

The Role

Develop relationships with clients that have established entities in Cayman or that are looking to establish entities

Advise clients on capital management including impact of moving business to Cayman from other jurisdictions

Build life consulting practice in Cayman leveraging resources from other parts of the Americas and potentially growing the team in Cayman

Develop intellectual capital and service offerings relevant to Cayman clients

Lead parts of large projects or whole small projects to meet client engagement objectives

Share knowledge and experience with other colleagues

Mentor junior colleagues

Work collaboratively with colleagues in other geographies

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 expectations and raising appropriate issues to Client Relationship Managers

Support revenue generation for the firm by meeting billable hour expectations and generating new business as part of the broader client relationship management team

Complete CE requirements to maintain SOA credentials

Qualifications

The Requirements

At least 7 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization

Knowledge of Cayman market and regulatory framework is a plus

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 (GGY AXIS, Risk Agility, MG-ALFA, Moses, Prophet, and/or Polysystems) is a plus

Expertise in at least one specific life insurance and/or annuity product line

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 as part of a local team and coordinate teams 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 into 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

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