Senior Risk Consultant

WTW; New York (NY); On-site; USD 130,000 - 175,000; Full time

Benefits offered by this job

Health benefits

401(k)

Paid time off

Job summary

WTW is seeking a Senior Risk Consultant to lead data-driven analyses for some of the world’s largest organizations. You will apply actuarial techniques and WTW tools to quantify risks, develop risk transfer strategies, and align risk decisions with financial performance.

You will guide junior team members, present findings to clients, and contribute to new business opportunities while leveraging AI methods and advanced modelling capabilities.

Qualifications

• 5+ years of risk/insurance analytic experience.
• Excellent communication and presentation skills.
• Ability to clearly explain technical concepts to different audiences.
• Client facing experience preferred.
• Good understanding of how insurance coverages operate.
• Work well in a team environment.
• Project management skills preferred.
• Experience using AI models for project research.
• Proficiency in Microsoft Office, programming skills (R) desirable.

Responsibilities

• Oversee and perform modeling analysis for clients’ risks using standard actuarial techniques and WTW tools.
• Ensure quality of work by participating in peer reviews.
• Maintain a comprehensive audit trail for all analyses.
• Present analytic results and recommendations to clients professionally and timely.
• Direct work for junior colleagues and provide coaching.
• Develop trusted advisor relationships with internal client relationship managers.
• Support development of new business opportunities and existing relationships.
• Participate in R&D of new initiatives as required.

Skills

Communication

Presentation

Client facing

Teamwork

Project management

AI models

R programming

Microsoft Office

Tools

R programming

Job description

Description

Strategic Risk Consulting (SRC) is a part of the wider Risk & Analytics division within Corporate Risk and Broking, which provides an integrated approach to risk management in the current complex global business environment. SRC is a diverse team, with a global footprint and consists of actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists. SRC helps companies identify, quantify, and prioritize their major risks, and connect risk management decisions to corporate financial performance.

We have an exciting opportunity for a Senior Risk Consultant within our SRC practice. You will be at the forefront of innovation and technology and get involved in a wide range of fascinating projects.

You will lead the delivery of data-driven insightful analyses to some of the world’s largest and complex organizations. Your modelling skills will be used to help clients quantify their risk and develop risk transfer strategies that exploit arbitrage opportunities among mitigation, transfer, and retention levers and align risk decisions with financial strategy enhancing organizational resilience and maximizing performance.

If you enjoy being intellectually stimulated, working with people from different industries and backgrounds, and deploying state-of-the-art tools and technology, we want to meet with you.

The Role

• Oversee and perform modeling analysis for clients’ risks by applying standard actuarial techniques as well as WTW proprietary tools




• Ensure quality of work by participating in our peer reviewing process




• Maintain a comprehensive audit trail for all analytical work




• Present analytical results and recommendations to clients in a timely and professional manner




• Ability to direct work for more junior colleagues and provide feedback and coaching




• Develop a trusted advisor relationship with internal WTW client relationship managers through effective communication and quality execution of projects




• Support the development of new business opportunities and enhancing existing relationships




• Participate in Research & Development of new initiatives as required

Qualifications

The Requirements

• 5+ years of risk/insurance analytic experience, actuarial experience desirable




• Excellent communication and presentation skills




• Ability to clearly explain technical concepts to different audiences




• Client facing experience preferred




• Good understanding of how insurance coverages operate




• Work well in a team environment




• Project management skills preferred




• Well-organized, intellectual curiosity and positive attitude




• Experience using AI models for project research




• Proficiency in Microsoft Office, programming skills (R) desirable

Above all, you will be hungry to continue to grow your project management skills and to develop your business development and team management capabilities. You will also have the innovation and problem-solving abilities that are regularly required to design bespoke risk consulting solutions and models for our clients.

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

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 and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $130,000.00-$175,000.00 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: 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, identity 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), Short-Term Disability, 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.

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.

EOE, including disability/vets