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London Market Pricing Consultant

Willis Towers Watson
Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

As a Commercial Lines Pricing Consultant within the UK P&C Consulting Practice you will work beside some of the market’s top thought leaders designing and implementing cutting-edge solutions to pricing and underwriting challenges faced by the world’s leading commercial insurers.In your role you will be helping our clients by:

  • Optimising their Commercial Lines, including London Market pricing strategies and approaches
  • Delivering best in class pricing and underwriting capability reviews
  • Helping to build effective commercial lines pricing models, tools and processes
  • Designing sophisticated MI and portfolio management capabilities
  • Leveraging your market knowledge in developing cutting edge solutions for commercial lines pricing in collaboration with various teams from across Willis Towers Watson
  • Bringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.
    • The RoleYour main responsibilities will be as follows: Clients
  • To build a market profile as a representative and advocate of Willis Towers Watson commercial lines pricing consulting services and software tools
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
  • Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
  • Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
  • Demonstrate commitment to Willis Towers Watson professional standards in managing analyses and in communications with clients
    • Thought leadership
  • To develop new relevant propositions or to enhance current propositions in commercial lines pricing leveraging Willis Towers Watson’s toolset and broader pricing intellectual property and resources
  • Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
  • Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations
    • Financial and business development
  • Meet goals for billable hours and intellectual capital development
  • Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
  • Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services
    • People
  • Build relationships internally and collaborate effectively on cross-functional teams
  • Serve as a manager or mentor to more junior associates
    • The Requirements Essential
  • Relevant experience in a Commercial Lines pricing role in an insurance firm (preferably in Lloyd’s MGAs / Syndicate but company experience welcome)
  • An advocate for the development of analytical approaches and the adoption of new techniques
  • Advocate for the value of data enrichment in commercial lines pricing and underwriting
  • Exposure to machine learning or big data techniques beneficial
  • Solid experience with data manipulation packages (SAS, SQL, WPS, etc.)
  • Experience of Emblem and Radar software, preferred
  • Experience or interest in selling projects to insurance / financial institutions
  • A track record in innovation and creativity delivering realised revenue enhancements
  • Strong interpersonal and team skills
  • Self-starter attitude and ability to work within ambiguity
  • Strong analytical and creative skills
  • Enjoy training / mentoring junior staff
  • The ability to see the "big picture”, leveraging the resources of related practices to address the clients business challenges
  • Availability to travel on an as needed basis, domestically and internationally
    • EQUAL OPPORTUNITY EMPLOYER

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