Willis Towers Watson Non – Life Actuarial Consultant – Czech Republic in Prague, Czech Republic

Non – Life Actuarial Consultant – Czech Republic

Date Posted: October 27, 2017


Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork


The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

You will be a part of Willis Towers Watson’s newly-established Prague office. In addition to serving Czech clients, the office acts as the firm’s hub for Central and Eastern Europe.

We provide a wide range of consulting services and software solutions to insurance companies, including modelling, reserving, pricing, risk management, M&A, strategy, regulatory and management consulting.

Willis Towers Watson’s insurance consulting business helps clients improve business performance. We use our deep analytical skills to solve practical business problems, applying the latest techniques and software solutions to help clients measure and manage risk and capital, grow revenue and create competitive advantage.

Our fast-growing team is widely-respected locally and across CEE for its technical excellence, ability to analyse complex situations and provide relevant, practical and robust advice.

The Role

As a Consultant, you will work beside some of the industry’s top consultants and insurance companies.

The primary focus of your work will be non-life (P&C) insurance including reserving, capital modelling and pricing; however, you should expect to participate in a wide range of projects across segments and services.

You will have immediate exposure to real client assignments, which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry expertise while you benefit from working for the leading insurance consulting firm.

You will be based in our Prague office. You should expect to work on projects internationally, both in CEE and with other WTW offices in Europe and worldwide.

Your main responsibilities will be as follows:


• Build strong relationships internally and with client representatives

• Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels

• Support the development of junior colleagues


• Partner with senior colleagues to provide support on client projects that help improve our clients’ performance in areas related to their financial, risk, product development and pricing and capital issues

• Develop strategies to help our clients deal with change, including regulatory, social and economic

• Ensure appropriate and effective communication among team members and the client


• Maintain and develop further professional expertise in the area of non-life (P&C) insurance, and act as a point of reference in the office on the subject.

• Liaise with global non-life (P&C) reserving and pricing colleagues to stay abreast of current developments

• Deliver projects that meet or exceed client expectation

• Involvement in R&D to develop and enhance future sales propositions and internal firm knowledge to maintain our leading edge in the market


• Contribute to sales and marketing efforts by assisting in the drafting of proposals, presentations and pitches

• Meet billable hours targets

The Requirements

  • Successful achievement of a Masters degree in one of the following subjects: Actuarial Science; Mathematics; Statistics; or similar

  • Ideally you will be a member of the Czech Society of Actuaries or equivalent international body

  • Work Experience of at 3-8 years

  • Fluent in English and either Czech or Slovak

  • Experience of working with WTW’s reserving software ResQ (or similar) and/or pricing software suite is an advantage but not essential

  • Familiarity with the Czech insurance market

  • A problem solver; able to identify and solve challenging problems

  • Analytical; able to draw conclusions from data in a logical, systematic way

  • Conceptual; ability to go beyond the details and see the big picture

  • Flexible; adapt to a rapidly-changing business environment in a fast-growing office

  • Results-driven; focused on achieving results that promote business success

  • Communicator; displays strong oral, written and public speaking skills

  • Committed to quality; continuously works to achieve the highest quality standards

  • Ability to work both independently and on client teams and enjoy a fast-paced environment

  • Good time management and organisational skills

  • Excellent Microsoft Office skills, particularly in Excel and Access


Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork


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  • Employee Type:Regular Full-Time

  • Location:Prague, Hlavni Mesto Praha, CZ

  • Experience:N/A

  • Date Posted:October 27, 2017