Actuarial Developer

WTW; Cambridge; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

EV car scheme

Share scheme

Cycle-to-work programme

Dental cover

Optical cover

Critical illness protection

Private healthcare

Life insurance

Income protection

Pension with 10% company match

Hybrid working

Job summary

WTW is seeking a Capital and Reinsurance Pricing Development Actuary to work on the Igloo Standard Model (ISM) for capital modelling and reinsurance pricing. The role involves collaborating with clients and partners to design and implement new technologies and techniques, contributing to Igloo development, and advancing stochastic modelling.

The position supports hybrid working from London or Cambridge, with strong emphasis on client relationships and high-performance delivery in a fast paced

Qualifications

• Newly or nearly qualified actuary or equivalent.
• Experience of reinsurance pricing or capital modelling.
• Interest in coding and AI; Igloo or Python.
• Excellent client relationship skills: ability to develop strong relationships quickly and maximize resources effectively to achieve goals.
• Proven success working in a fast‑paced, high‑pressure environment and self‑sufficient.
• Strong organizational abilities and flexibility to work in a performance‑driven environment managing multiple deliverables.
• Proficiency in Microsoft Office and strong experience with applicant tracking systems.
• Bachelor’s Degree or equivalent in a numerical based degree.

Responsibilities

• Develop the market‑leading ISM (Igloo Standard Model), used by insurers and reinsurers around the world for capital modelling and reinsurance pricing.
• Work with clients and other partners to design, develop and implement new technologies and statistical techniques.
• Contribute to Igloo product development, working with the development team to shape the future of Igloo.
• Be at the forefront of stochastic modelling with a broad and growing variety of applications.

Skills

Reinsurance pricing

Capital modelling

Coding (Igloo/Python)

Client relationships

Organizational skills

Education

Bachelor’s Degree in numerical field

Tools

Igloo

Python

Microsoft Office

Applicant tracking systems

Job description

Overview

Work location based in London/Cambridge with hybrid working, you will join the team Capital and Reinsurance Pricing Development Actuary. Develop the market‑leading ISM (Igloo Standard Model), used by insurers and reinsurers around the world.

The Role

• Develop the market‑leading ISM (Igloo Standard Model), used by insurers and reinsurers around the world for capital modelling and reinsurance pricing
• Work with clients and other partners to design, develop and implement new technologies and statistical techniques
• Contribute to Igloo product development, working with the development team to shape the future of Igloo
• Be at the forefront of stochastic modelling with a broad and growing variety of applications

Qualifications

• Newly or nearly qualified actuary or equivalent
• Experience of reinsurance pricing or capital modelling
• Demonstrable interest in coding and AI. Expertise in a coding language, preferably Igloo or Python
• Excellent client relationship skills: ability to develop strong relationships quickly and maximize resources effectively to achieve goals
• Proven success working in a fast‑paced, high‑pressure environment and self‑sufficient
• Strong organizational abilities and flexibility to work in a performance‑driven environment managing multiple deliverables
• Proficiency in Microsoft Office and strong experience with applicant tracking systems
• Bachelor’s Degree or equivalent in a numerical based degree

What we offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle‑to‑work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

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]