Senior Consultant / Principal Consultant - Strategic Risk Consulting | Risk & Analytics

Willis Towers Watson; Sydney; On-site; AUD 150,000 - 210,000; Full time

Job summary

Willis Towers Watson is seeking a Senior Consultant or Principal Consultant to join our Strategic Risk Consulting team in Sydney or Melbourne. The role blends actuarial and quantitative skills to help large corporate clients optimize insurance, risk financing and capital management strategies.

You will lead engagements, build analytical models, present findings to senior stakeholders and collaborate across multidisciplinary teams within WTW's Risk & Analytics network to deliver practical,

Qualifications

• Degree in Actuarial Studies, Mathematics, Statistics, Data Science or related quantitative field.
• Experience in actuarial consulting or general insurance.
• Strong analytical and problem-solving skills with data/modelling experience.
• Experience developing strategic recommendations from quantitative analysis.
• Ability to explain complex concepts to senior stakeholders.
• Strong written and verbal communication; client presentations.
• Experience using analytical tools such as Excel, Python, R, Power BI.
• Collaborative across multidisciplinary and global teams.
• Commercial acumen and interest in risk, insurance and capital management.
• Progress towards actuarial qualifications is highly regarded.

Responsibilities

• Lead and deliver consulting engagements across Australia and New Zealand.
• Design, build and review analytical models for risk retention, insurance program structure, limit adequacy, technical pricing and alternative risk financing strategies.
• Develop strategic recommendations based on quantitative analysis and modelling outputs.
• Present analytical findings and recommendations to clients, including senior executives and C‑suite stakeholders.
• Contribute to business development activities, including client meetings, proposals, pitches and tender responses.
• Collaborate with colleagues across actuarial, catastrophe modelling, climate, alternative risk transfer, risk engineering, forensic accounting and insurance valuation teams to deliver integrated client solutions.
• Work with teams across WTW's global network to deliver consulting engagements and share leading practices, methodologies and insights.
• Mentor and support junior team members and contribute to a culture of technical excellence and collaboration.

Skills

Quantitative analytics

Client communication

Cross-functional collaboration

Commercial acumen

Problem solving

Education

Actuarial Studies

Mathematics

Statistics

Data Science

Tools

Excel

Python

R

Power BI

Job description

Description

We are seeking a Senior Consultant or Principal Consultant to join our Strategic Risk Consulting team within Risk & Analytics in Sydney or Melbourne.

This role provides the opportunity to apply actuarial and quantitative skills to complex risk and insurance challenges faced by large corporate clients. Working closely with clients, brokers and subject matter experts across WTW, you will help organizations better understand their risk profile and optimize insurance and risk financing strategies.

You will lead and deliver consulting engagements across areas including insurance program optimization, risk retention analysis, limit adequacy assessments, self-insurance and captive feasibility, capital modelling and broader risk quantification. Using analytics and actuarial techniques, you will translate complex data into practical recommendations that support risk transfer, capital allocation and business resilience.

You will collaborate with colleagues across Risk & Analytics, including catastrophe modelling, climate, risk engineering and forensic accounting specialists, to deliver multidisciplinary solutions and contribute to business development activities that strengthen client relationships and drive growth.

For Principal Consultant candidates, the role will also include leading project teams, mentor junior colleagues and contributing to the growth of our Strategic Risk Consulting capability across the Pacific region.

The Role

• Lead and deliver consulting engagements for clients across Australia and New Zealand.
• Design, build and review analytical models to assess risk retention, insurance program structure, limit adequacy, technical pricing and alternative risk financing strategies.
• Develop strategic recommendations based on quantitative analysis and modelling outputs.
• Present analytical findings and recommendations to clients, including senior executives and C‑suite stakeholders.
• Contribute to business development activities, including client meetings, proposals, pitches and tender responses.
• Collaborate with colleagues across actuarial, catastrophe modelling, climate, alternative risk transfer, risk engineering, forensic accounting and insurance valuation teams to deliver integrated client solutions.
• Work with teams across WTW's global network to deliver consulting engagements and share leading practices, methodologies and insights.
• Mentor and support junior team members and contribute to a culture of technical excellence and collaboration.

Qualifications

The Requirement

We are looking for someone with strong quantitative capability, commercial judgement and the ability to communicate complex ideas clearly to clients.

The ideal candidate will have:

• A degree in Actuarial Studies, Mathematics, Statistics, Data Science or a related quantitative discipline.
• Experience in actuarial consulting, general insurance or a related quantitative field.
• Strong analytical and problem-solving skills, with experience applying data and modelling techniques to complex business challenges.
• Experience developing and communicating strategic recommendations based on quantitative analysis.
• The ability to explain complex concepts clearly to a range of stakeholders, including senior executives and C‑suite audiences.
• Strong written and verbal communication skills, with experience preparing client presentations and reports.
• Experience using analytical tools such as Excel, Python, R, Power BI or similar platforms.
• A collaborative approach and the ability to work effectively across multidisciplinary and global teams.
• Commercial acumen and an interest in helping clients optimise risk, insurance and capital management decisions.
• Progress towards, or completion of, actuarial qualifications is highly regarded.

Why join us?

• Join a growing Strategic Risk Consulting team that is helping shape the future of risk and insurance advisory across Australia and New Zealand.
• Be part of a leading actuarial and analytics consulting team, applying quantitative techniques to solve complex risk, insurance and capital challenges.
• Work on high-impact engagements for some of the region's largest organisations and most recognisable brands
• Collaborate with specialists across WTW's international network and gain exposure to global projects, methodologies and thought leadership.
• Apply your actuarial and quantitative skills beyond traditional pricing and reserving, solving complex strategic problems for clients.
• Present insights and recommendations directly to senior executives and C‑suite stakeholders.
• Enjoy a collaborative, inclusive and supportive culture that values innovation, continuous learning and professional development.
• Benefit from flexible working arrangements, career growth opportunities and the chance to make a real impact within a market‑leading Risk & Analytics business.

At WTW, we believe that a culture of inclusion and diversity is critical to our business. It's not a separate initiative – rather it’s fundamental to everything we do.We are an equal‑opportunity employer who is committed to fostering an inclusive work environment and embrace diversityincludinggender, nationality, disability, age, marital/parental status, ethnicity, gender identity and sexual orientation. We welcome applications from people from all backgrounds.

In the spirit of reconciliation Willis Towers Watsonacknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail]