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Willis Towers Watson
,
London, Greater London
London Market Pricing Consultant
Overview
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 Role Your 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 We support flexible working and will consider requests for such working arrangements.