Willis Towers Watson
,
Reigate, Surrey
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