Head of Risk and Capital, North America

About WTW At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help you sharpen your strategy, enhance organizational resilience, motivate your workforce and maximize performance.

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W

wtwco.com

10,001+ employees

Financial Services

London, England

Public Company

1.3M LinkedIn followers

• As North America’s Head of Risk and Capital, you will draw on your experience as a senior practitioner and business leader to drive growth for our clients, our business, and our colleagues through
• Market Development: Define the practice’s market strategy based on current demands and emerging trends across North America’s property casualty insurance and reinsurance market[KG4] s. The broad focus of this position extends from emerging risk and capital modeling opportunities to tech-lead transformation of risk and capital functions. Partner with global service, solution, and go-to-market leaders to advance market development priorities and help clients stay ahead of industry change.
• Client Development: Develop and close risk and capital consulting engagements, and transformative technology opportunities across property and casualty lines, helping new clients achieve their capital objectives while retaining and expanding relationships with existing clients. Achieve both individual and practice sales goals. Success will require close collaboration with colleagues across pricing, reserving, technology, sales, finance and legal.
• Client Delivery: Assume accountability for client retention and expansion through successful execution of client engagements, ensuring that outcomes meet or exceed client expectations. Tailor methodologies to the scale and complexity of each engagement and draw on the expertise of seasoned consultants across the region and globally to accelerate delivery.
• People & Team Development: Build the capabilities required to deliver best-in-class client service by recruiting, mentoring, managing, and advancing the team’s professional expertise. You will share responsibility for talent management and development with HR partners, people managers, and operations leaders.
• Financial Leadership: Own the growth and profitability for the Risk and Capital Practice across North America property and casualty market. Partner with ICT Finance to manage revenue forecasting, growth and profitability goals.

• Built and/or scaled an actuarial practice and/or actuarial software business.
• Held responsibility for pipeline development with new clients, new business and retention of existing clients.
• Experience running the P&L for consulting or market facing teams.
• Senior practitioner with subject matter expertise across corporate reserving, risk management, capital modeling, reinsurance / ILS.
• Consulting experience with organizations requiring strong problem-solving skills, development of implementation methodologies, and the balance of client delivery obligations with revenue generation.
• Well-established and influential actuarial network within the North American property and casualty (re)insurance market.[KG1] [KG2] [KS3]
• Executive level relationship builder comfortable selling professional services and insurance technology solutions.
• Confidence to partner with senior executives to define practical strategies that turn into executable engagements, delivering measurable business outcomes of growth, competitive moat, efficiency, and risk mitigation.
• Commercial discipline to structure, negotiate and close win-win contracts with clients from straight forward one-year consulting engagements to complex, multi-year enterprise technology transformations.
• A track record of building, motivating, developing and managing teams of exceptionally talented, domain specific, client-centric consultants.
• Fostered a community of actuaries and/or data scientists who are subject matter experts, providing the vision and leadership needed to grow and diversify the practice.
• Oversaw the professional development of actuaries with the required expertise across various products and dimensions of the property and casualty industry.
• Point of view on where and how the capital function can produce a ROI by embedding AI into operations.
• Financial understanding of the pricing levers within professional services firms and technology companies.
• Self-driven with a value for teamwork, collaboration, innovation, decisiveness, and integrity.
• Minimum of 15 years of actuarial and insurance industry experience.
• Availability to travel on an as needed basis.
• Professional designations such as CPCU, CSPA, ARM, FCAS or equivalent (e.g., FIA) a plus but not required.
• This position can be based in a major U.S. Market and is open to remote/virtual work.
• 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.

• 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).
• The salary compensation range being offered for this role is $350,000 to $450,000.
• This role is also eligible for an annual short-term incentive bonus.
• WTW provides a competitive benefit package which includes the following (eligibility requirements apply)
• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid 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
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans
• EOE, including disability/vets