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Willis Towers Watson

Willis Towers Watson

Early Careers: Corporate Risk and Broking (CRB): Insurance Solutions Actuarial Role- Summer 2025- New York

Early Careers: Corporate Risk and Broking (CRB): Insurance Solutions Actuarial Role- Summer 2025- New York

Job Details
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Uploaded On
August 21, 2024
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Location
Short Hills, United States
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Remote?
No
Company Overview
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Headquarters
London, United Kingdom
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Number of Employees
46100
Estimated Number of Actuaries
3331
Salary
$
75
k-$
85
k
Glassdoor Ratings
""
Recommend to a Friend
77%
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Overall Score
3.9 / 5

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Job Description

The business.

Graduate Program Overview

The CRB Graduate Development Program (GDP) is a non-rotational two-year-program that provides the opportunity to develop a broad knowledge base, varied skills, and diverse network. This program is designed to set you up with a holistic view of CRB with hands-on experience, insight, and opportunities to make an impact and shape your own career.

GDP participants will be immersed in a 1-week-in-person orientation followed by a robust onboarding training learning about various functions within CRB. Our program is designed to provide graduates with a well-rounded understanding of the industry while having the opportunity to deep dive within their respective business area.

Insurance Solutions Overview

Verita is an independent managing general underwriter (MGU) that specializes in underwriting and

delivering superior claims, handling comprehensive engineering and loss control best practices, and

bespoke risk management solutions to best in class insured clients in targeted industries. Utilizing partner fronting carrier/s and solid (re) insurers, capital providers and institutional investors, Verita aims to be the carrier of choice in its targeted industries. A role in insurance solutions is suited to individuals who value underwriting technical knowledge and building strategic relationships with brokers and insureds. Individuals must be self- motivated, have excellent communications skills and enjoy success within a collaborative culture.

Love your work.

Responsibilities:
  • Support the development and maintenance of new and existing models
  • Work with the underwriting team on deals and participate in meetings.
  • Assists with data collection and review to support pricing studies that monitor the profitability of products.
  • Handle numerous data and report requests relating to regulatory, rating agency and financial reporting needs.
  • Communicate results, analysis, and recommendations in a manner that is understandable
  • Maintain reports and dashboards to support proactive claims monitoring and loss control initiatives.


Qualifications

Role requirements.

Competencies:
  • Excellent written & verbal communication skills
  • Excellent presentation skills, analytically driven and detail oriented
  • Exceptional interpersonal skills
  • Proficient in time management
  • Comfortable working in a team setting or independently

Compensation and Benefits: Base salary range and benefits information for this position are included in accordance with the requirements of various state/local pay transparency legislation. Please note that base 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 $75,000 - 85,000 USD. This role is also eligible for overtime.

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

WTW Work Flex: 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. Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/

Recruiting tips: WTW specializes in preparing for the unknown. Here's how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/

EOE, including disability/vets
Apply Now

Working at 

Willis Towers Watson

Willis Towers Watson is a global professional services company that specializes in risk management and insurance. The company was formed in 2016 through the merger of Willis Group and Towers Watson, two well-known and respected firms in the industry. Willis Towers Watson offers a range of insurance products and risk management services to help businesses and organizations identify and mitigate potential risks. The company has a strong reputation for customer service and is known for its expertise in serving the diverse needs of its clients. In addition to traditional insurance products, Willis Towers Watson also offers innovative risk management solutions and consulting services to help clients navigate the complex and rapidly-changing world of risk. The company has a global presence, with operations in numerous countries around the world.

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