Consultant/Senior Consultant - Actuarial Non-Life (Re) Insurance Consulting
WTW · Gurugram
About the Company:
Willis Towers Watson (NASDAQ: WTW) 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 45,000 employees serving more than 140 countries and markets.
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.
About the team
Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who have expertise across markets, geographies and disciplines. We also work closely with our technology team who are responsible for developing some of the most innovative and widely used non-life actuarial software in the market including ResQ, Emblem, Radar, Igloo, Unify, Data Validator, WTW IFRS 17 Enterprise Solution and other such tools.
About the role
We are looking for non-life Actuarial professionals to join our growing actuarial consulting practice. The role offers exposure to insurance and reinsurance markets across multiple geographies and actuarial disciplines, including reserving, pricing, regulatory reporting, capital modelling, and International Financial Reporting Standards 17 (IFRS 17) implementation, while working with leading insurers and reinsurers globally.
You will work collaboratively with some of the market’s top thought leaders on domestic client engagements, catered to variety of requirements of non-life insurance companies. In addition, opportunities arise from time to time to support projects spanning across different Asia Pacific and European countries.
This role is based in Gurgaon (India) to support the insurance consulting team of Willis Towers Watson in India.
Key Responsibilities
As part of this role, you will be engaged with our clients to:
• Manage and deliver actuarial consulting engagements across reserve adequacy reviews, liability valuation and independent peer reviews, pricing and product development, International Financial Reporting Standards 17 (IFRS 17) implementation and reporting, capital modelling and risk-based capital (RBC) assessments, reinsurance optimisation, mergers & acquisitions, business planning, market entry, regulatory reporting, and broader actuarial transformation initiatives for insurance and reinsurance clients globally.
• Support the design and implementation of technology-enabled actuarial solutions, including pricing and reserving analytics, International Financial Reporting Standards 17 (IFRS 17) systems, data transformation initiatives, process automation, and the digitalisation of actuarial and finance functions.
• Manage end-to-end project delivery, overseeing multiple workstreams, ensuring technical excellence, quality assurance, effective resource management, and the successful execution of complex client engagements.
• Build and maintain strong client relationships, acting as a trusted advisor to senior stakeholders and delivering insights and solutions that address strategic, financial, and regulatory priorities.
• Drive innovation, thought leadership, and practice development through research, intellectual capital creation, the development of actuarial methodologies and tools, and the design of differentiated market solutions.
• Contribute to business growth by identifying emerging client needs, developing new service offerings, supporting business development initiatives, and expanding existing client relationships.
• Guide and train junior team members on technical concepts and professional development, while fostering a culture aligned with WTW's values of Client Focus, Teamwork, Integrity, Respect, and Excellence.
Willis Towers Watson (NASDAQ: WTW) 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 45,000 employees serving more than 140 countries and markets. 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.