Senior Director - Demographics/PRT Expert
WTW · London
We are seeking a highly motivated and commercially minded Senior Director to support the growth of our Life Insurance Advisory business across EMEA.
The successful candidate will be responsible for developing and strengthening relationships with the heads of relevant functions in client organisations, developing and deploying intellectual property to support clients’ demographic assumption-setting and risk modelling, and advising clients on demographic aspects of M&A and risk-transfer transactions. They will collaborate widely with other teams and stakeholders to provide advice on demographics across a wide range of different project types.
This role would suit an individual with a desire to deepen their existing specialism in the field of longevity and biometric risk, who is also interested in supporting PRT transaction work including pricing.
The Role
Key Responsibilities:
Client Relationship Management
- Develop and deepen relationships with such stakeholders as the heads of functions responsible for longevity, mortality, morbidity and other demographic assumptions for pricing, reserving or risk modelling, across EMEA life insurers.
- Act as a trusted advisor to clients on the setting and review of demographic assumptions, demographic risk modelling methods and the calibration and validation of Internal Models for demographic risk.
- Represent the firm at industry conferences and in client meetings.
Mortality / Longevity / Biometric assumptions domain expertise
- Advise clients on a broad range of mortality/longevity-related topics, including:
- Assumption-setting methodologies
- Independent reviews of pricing/reserving assumptions
- Incorporation of external data and information into modelling
- Internal Model (or broader economic capital model) development, calibration and validation
- Transaction-related assumptions, including for PRT deals
- Contributing to the direction of, and delivering / reviewing content for, a regular research bulletin for client use.
- Support on PRT pricing work
Intellectual property development
- Lead work on the development of intellectual property for deployment within the field of demographic assumption / risk.
Business Development
- Identify relevant emerging market trends and opportunities within the life insurance market.
- Develop thought leadership materials and market insights.
- Contribute to sales strategy, pipeline development, and revenue growth objectives.
- Collaborate across advisory, actuarial, broking, investment, and M&A teams to deliver integrated client solutions.
- Internal Leadership
- Mentor and support other team members.
Internal Leadership
- Mentor and support other team members.