Head of Risk and Capital, North America

Qualifications

The Requirements (What Sets You Apart)

• Built and/or scaled an actuarial practice and/or actuarial software business.

• Held responsibility for pipeline development with new clients, new business and retention of existing clients. 

• Experience running the P&L for consulting or market facing teams.

• Senior practitioner with subject matter expertise across corporate reserving, risk management, capital modeling, reinsurance / ILS.

• Consulting experience with organizations requiring strong problem-solving skills, development of implementation methodologies, and the balance of client delivery obligations with revenue generation.

• Well-established and influential actuarial network within the North American property and casualty (re)insurance market.[KG1] [KG2] [KS3] 

• Executive level relationship builder comfortable selling professional services and insurance technology solutions. 

• Confidence to partner with senior executives to define practical strategies that turn into executable engagements, delivering measurable business outcomes of growth, competitive moat, efficiency, and risk mitigation.

• Commercial discipline to structure, negotiate and close win-win contracts with clients from straight forward one-year consulting engagements to complex, multi-year enterprise technology transformations.

• A track record of building, motivating, developing and managing teams of exceptionally talented, domain specific, client-centric consultants.

• Fostered a community of actuaries and/or data scientists who are subject matter experts, providing the vision and leadership needed to grow and diversify the practice. 

• Oversaw the professional development of actuaries with the required expertise across various products and dimensions of the property and casualty industry.

• Point of view on where and how the capital function can produce a ROI by embedding AI into operations. 

• Financial understanding of the pricing levers within professional services firms and technology companies.

• Self-driven with a value for teamwork, collaboration, innovation, decisiveness, and integrity.

• Minimum of 15 years of actuarial and insurance industry experience.

• Availability to travel on an as needed basis.

• Professional designations such as CPCU, CSPA, ARM, FCAS or equivalent (e.g., FIA) a plus but not required.

This position can be based in a major U.S. Market and is open to remote/virtual work.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Compensation and Benefits 

Benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation 

The salary compensation range being offered for this role is $250,000 to $350,000.

This role is also eligible for an annual short-term incentive bonus. 

Company Benefits:

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

EOE, including disability/vets