Manager - Actuarial Life and Annuity Consulting

WTW; Chicago (IL); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Health and welfare benefits

Paid time off

401(k) with company match

Job summary

WTW in the United States seeks a Manager-level actuary to guide high-impact client engagements across financial modeling, pricing, ALM, regulatory issues, and product development. You will lead workstreams, mentor junior staff, and strengthen client relationships.

The role requires at least four years of actuarial experience in life or annuity contexts, strong Excel/VBA and modeling tool skills, and excellent communication. This is a hybrid role with competitive salary and benefits.

Qualifications

• Minimum 4 years of actuarial experience in life/annuity sectors.
• Familiarity with regulatory capital regimes.
• Excellent oral and written communication skills.
• Ability to translate complex technical concepts for diverse audiences.
• Strong collaboration across disciplines and willingness to share knowledge.
• Proficient in Excel with VBA and at least one modeling tool.
• Experience in life insurance/annuity product lines.
• Experience in predictive analytics, financial modeling, or risk management.

Responsibilities

• Manage workstreams to achieve engagement and budget objectives.
• Strengthen client relationships and provide high-quality deliverables.
• Share expertise to drive team growth and business development.
• Provide mentorship and coaching to junior staff.
• Conduct technical reviews to meet WTW Excellence standards.
• Assist in client communications and meeting preparations.
• Contribute to intellectual capital through research and publications.
• Support revenue growth and participate in the sales process.
• Partner with senior sellers on proposals.
• Pursue credentials via SOA CE requirements.

Skills

Actuarial experience

Regulatory knowledge

Communication skills

Team collaboration

Mentoring/leadership

Education

ASA preferred

Tools

GGY AXIS

RiskAgility

MG-ALFA

Moses

Prophet

Slope

Polysystems

SQL / Python / R

Job description

Description

Overview

Our industry-leading life insurance consulting team is seeking a Manager to join the team in the US to support high-performing client delivery teams. In this role, you will work across a range of engagements including financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. The ideal candidate will possess experience in certain aspects of life or annuity product design and pricing, distribution, financial modeling, asset liability management (ALM), regulatory developments and/or financial risk. This position offers unparalleled exposure to all facets of life insurance operations and presents exceptional opportunities for upward mobility for motivated, results-oriented professionals.

The Role

• Manage workstreams to achieve engagement and budget objectives

• Strengthen industry relationships through delivering high-quality work, following regulatory updates, involvement with industry-led events, and interaction with clients

• Share expertise and strategic insights with colleagues to drive team growth and contribute to overall business development

• Provide mentorship and coaching to junior staff, supporting their professional development and career advancement.

• Conduct thorough technical reviews ensuring high-quality work product which conforms with WTW Excellence standards

• Support client correspondence by playing a role in preparing for meetings and written or verbal communications with clients

• Contribute to the development of intellectual capital to strengthen our service offerings through research, publication of articles, participation in industry events and WTW webinars, podcasts, etc.

• Support revenue growth by meeting billable hour expectations and assisting in the sales process as part of broader client relationship management teams

• Partner with senior sellers to contribute to proposals

• Make continuous progress on or maintain professional credentials by utilizing WTW’s competitive student program or completing SOA Continuing Education (CE) requirements

Qualifications

The Requirements

• Minimum 4 years of experience in an actuarial role at a life insurance company, consulting firm, or financial services organization

• Familiarity with regulatory capital regimes

• Excellent oral and written communication skills, with the ability to clearly convey findings, recommendations, and work products to team members

• Ability to translate complex technical concepts for both technical and non-technical audience

• Demonstrated ability to collaborate effectively across different disciplines and work styles, with a willingness to share knowledge

• Strong technical proficiency in programming languages (e.g. Microsoft Excel with VBA, SQL, Python, or R) and/or financial modeling software (e.g. GGY AXIS, Risk Agility, MG-ALFA, Moses, Prophet, Slope, or Polysystems)

• Experience in at least one specific life insurance and/or annuity product line

• Experience in at least one of the following functional areas as applied to the life insurance industry: predictive analytics / data science, experience studies, financial reporting, financial modeling, mergers & acquisitions, product development / pricing and risk management

• Self-motivated, proactive learner with a passion for driving new developments

• Willingness to mentor junior colleagues and foster their professional growth

• Strong multitasking abilities, effectively managing multiple projects and clients while providing timely updates on project status and deliverables

• Flexibility to put in extra effort to meet client deadlines when necessary

• ASA preferred

Preferred Location:

• Philadelphia, PA

• Hartford, CT

• Chicago, IL

• New York, NY

• Atlanta, GA

• St. Louis, MO

Note : Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role.

Compensation

The base salary compensation range being offered for this role is $100,000-$150,000 USD annually. This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identify theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance and other work/life resources

• Leave Benefits: Paid holidays, annual paid time off (includes state/local paid leave where required), company-paid disability (short-term and long-term disability), other leaves (e.g., bereavement, FMLA, ADA, jury duty, military leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)

• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets