Chief Actuary

Chief Actuary page is loaded Chief Actuarylocations: Londontime type: Full timeposted on: Posted Yesterdayjob requisition id: JR34 The Role As Chief Actuary, you will lead a global team as part of the scale-up of this iconic brand. This role is multifaceted. We are looking for a leader who is willing to support Brokers in our most complex transactions, shape the design of an industry-leading technical stack and build out a globally minded, highly specialised, and seamlessly connected team of actuarial experts with high commercial impact.Deep expertise in Reinsurance with a leading reinsurance broker or global reinsurer is a prerequisite. The role holder will be a market figure with deep roots in the London/Bermuda specialty markets, with additional experience in US E&S/mid-market being beneficial. Internally, you will work collaboratively with colleagues within the data and analytics function, technology and broking.You will report to the Global Head of Data and Analytics and be a key member of the global leadership team of the analytics function. Business Knowledge Market Knowledge - holds a broad and deep subject matter knowledge of trends and practices within the reinsurance industry, supported by knowledge of current market and economic conditions and the risks that these might pose to insurers. Deep subject matter knowledge across a range of insurance lines, products, territories and distribution channels. Experience in analytics associated with complex RI deals and broking relationships, including experience across capital modelling, capital management, ART and ILS. Able to translate actuarial output into business value, ensuring various customers, including boards are able to understand the practical implications of the analyses performed. Client Advisory & Portfolio Insight Serve as a strategic advisor to clients, providing deep actuarial insight into portfolio performance, risk dynamics, and optimal reinsurance structures Act as a trusted strategic advisor to insurers across a range of initiatives, including growth opportunities, risk management and emerging technologies. Support the development of bespoke reinsurance programmes that meet client-specific objectives across risk mitigation, capital relief, and volatility management Pricing, Modelling & Structuring Establish and deliver on a roadmap of analytical tools to develop best-in class reinsurance analytics tools to support producing brokers with leading advisory and insights. Extensive technical experience of pricing techniques, including exposure rating, experience rating, credibility weighting, profit and ROC optimisation relevant to the reinsurance industry. Apply actuarial methods to price treaty reinsurance across a range of perils and lines, leveraging exposure data, loss experience, and catastrophe model outputs Lead the delivery and set standards for the team in presenting benchmark analyses that inform negotiations and enhance the credibility of placement strategies with reinsurers Market & Placement Support Partner closely with brokers to craft analytical placement narratives and support reinsurer engagement during the marketing and negotiation process Adapt modelling outputs and performance indicators to strengthen our value proposition and differentiate our offering in a competitive market Innovation & Process Development Experience of extensive project delivery work on actuarial systems and tools to lead the design and build of market-leading analytical tools and methodologies that improve pricing accuracy, workflow efficiency, and client-facing outputs. Good understanding of the latest emerging technologies including AI, Data Science, Generative AI, Data ingestion to be able to identify opportunities for development using these. Leadership, Management, Mentoring & Quality Assurance Can identify, grow and nurture talent within the team, creating career development opportunities for all colleagues. Ability to create a vision and culture for the team around goals and expectations and motivating the team to innovate and enhance processes and analyses. Capability to manage multiple priorities and deadlines across a large team to ensure timely and effective delivery. Is able to navigate ambiguity effectively. Support team members with their technical development and ensuring delivery excellence across the team Develop peer review processes and support the broader capability-building agenda of the analytics function An ability to manage multiple conflicting tasks and outputs. Able to plan long term deliverables and ensure tasks are planned and completed accordingly and that any delays or complications are communicated early and resolved appropriately Internal & External Collaboration Develop trusted relationships with brokers, clients, reinsurers, and internal stakeholders, serving as a critical link between technical insight and commercial strategy Manage timely actuarial support to RFP responses, new business pursuits, and long-term client engagement strategies Essential Qualifications & Experience: Fully qualified actuary (FIA or equivalent) with significant post-qualified experience in reinsurance, insurance, or advisory. Extensive experience in leading large teams. Deep understanding of treaty reinsurance pricing approaches and portfolio analytics Experience working across multiple lines of business including Property, Casualty, Marine & Energy, Cyber, Credit & Political Risk, or similar classes Experience with catastrophe model interpretation and integrating technical outputs into reinsurance structuring About Willis Re We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth. Our approach is relationship-driven, transparent and outcome-focused.At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes. This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.Willis Re will also leverage recognized technical expertise from WTW's Insurance Consulting & Technology business including their advanced modeling and analytical capabilities. Alongside this will be WTW's Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.