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Willis Towers Watson

Willis Towers Watson

Early Careers: Insurance Consulting & Technology - Actuarial Intern (Life or Property and Casualty) - 2025

Early Careers: Insurance Consulting & Technology - Actuarial Intern (Life or Property and Casualty) - 2025

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Job Details
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Uploaded On
September 7, 2024
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Location
Tampa, 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
$
60
k-$
74
k
Glassdoor Ratings
""
Recommend to a Friend
77%
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Overall Score
3.9 / 5

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Job Description

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

The Business

Create your future. Our Insurance Consulting and Technology business helps our clients in the insurance industry improve business performance. We use our deep analytical skills to solve practical business problems, applying the latest techniques and software solutions to help clients measure and manage risk and capital, grow revenue and create competitive advantage.

Explore an opportunity. As an actuarial intern with either our Life or Property & Casualty division, you will work as part of a team on a wide variety of complex projects spanning product development, financial and risk management, financial modeling and software implementation, and mergers and acquisitions for insurance companies. Our clients demand leading edge products and expertise as an intern with our firm you can expect to gain tremendous exposure to many different aspects of insurance operations and learn practical skills working directly with credentialed actuaries.

Love your work. You will work side-by-side with some of the industry's top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. As part of your role, you will:
  • Assist with the pricing, valuation and development of insurance products
  • Work to develop financial projections of clients' insurance business
  • Follow the firm's Excellence guidelines
  • Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
  • Build strong relationships internally and with client representatives
  • Document, review and present your own work
  • Assist in creating detailed project plans
  • Monitor project progress against deadlines and budget


Qualifications

Role Requirements:
  • Pursuing a bachelor's or master's degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
  • Successful completion of one or more actuarial exams highly preferred
  • Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership
  • Excellent oral and written communication skills
  • Strong computer skills and proficiency in Microsoft Office, particularly Excel
  • Currently enrolled in a Bachelor's or Master's degree program where you will complete all required coursework and receive your degree between December 2025 and June 2027.


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 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 hourly rate being offered for this role is $30.00 - $37.00/hr. USD, depending on exam progress.

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).


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.

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.

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
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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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