Locations: Arlington, Atlanta, Chicago, Hartford, Irvine, New York, Philadelphia, San Diego, St. Louis, Toronto
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Create a career that goes in the direction you choose. Get to know 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
Position Requirements:
- Completed a 2024 summer internship with WTW - Insurance Consulting
- 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
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
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.