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2022 Actuarial Analyst Apprenticeship Programme - Insurance Consulting Technology Life Outsourcing,

Closing date
23 May 2022

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Contract Type
Full Time
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Our Business

In Insurance Consulting we advise and provide solutions to insurance companies on the quantification and management of risk, and on wider operational capabilities, to provide competitive advantage in a rapidly-changing world. Our client base includes more than three-quarters of the world's leading insurers across both life and property/casualty insurance.

The Role

Please note that we do not accept multiple applications and you should select and apply to no more than one programme each year

Level 4 Actuarial Technician Apprenticeship Programme

Closing Date: 15th May 2022

Location: Manchester

Salary: Competitive

A role in Insurance Consulting is stimulating, challenging, exciting and extremely rewarding.

We require associates who are technically and mathematically minded, with the ability to solve complex and challenging commercial problems using innovative and proportionate approaches. You'll learn what we do for our clients as you build strong working relationships and develop valuable skills from day one.

You'll be working within our Insurance Consulting team helping to provide advice to many of the world's leading insurers. The Analyst Apprentice is a consulting support role where you will work as part of a team on a wide variety of complex projects serving as a key resource for our many client teams.

You will be part of a small local apprentice team but also included in a wider growing group of apprentices in other offices and disciplines. Your manager and assigned mentor will be on hand at all times to fully guide you through your programme - making adjustments as necessary to ensure you achieve your full potential.

Upon successful completion of the apprenticeship, there will be an opportunity to join and progress within the Insurance Consulting team. You will continue to grow and develop new skills supported by our extensive in-house training resources and tailored programmes.

As consultants, it is necessary to build a strong technical skillset but also the ability to communicate complex concepts to audiences from a variety of backgrounds. We deal with actuaries, accountants, underwriters, technologists, data scientists, insurance entrepreneurs, senior executives and other Board members. Each audience has different needs and knowledge and we need to tailor our communications to suit.

We are looking for candidates who are excellent in their own fields and are able and driven to apply their knowledge and skillsets to work with clients to support them in delivering their strategy and objectives.

What will I be doing day to day?

As a project-based advisory business, no two days are the same. Our apprentices will experience this work variety immediately and see this continue as their careers develop.

Apprentices will tend to be involved in around 3 client projects at any one time, working on each with the support and guidance of an experienced consultant. You will be involved in regular project meetings which will help you to understand the business context and project objectives, and where your contribution fits in, as well as providing a space for you to report your progress.

You may also be involved in communicating with client stakeholders, working directly alongside clients or joining meetings/calls discussing progress or sharing deliverables.

A key difference at WTW is that we have our own set of Insurance Technology Solutions which are widely adopted within our client base. You will become familiar with these products, and in demonstrating to or training clients, and in developing new propositions or solutions based on these products. If you are interested in technology, there will be opportunities to collaborate with our Technology colleagues to develop our software products and combined consulting and technology solutions for our clients.

Our apprentices receive broad training during their first few months with WTW, which supplements a steep curve of on-the-job learning.

Career path and study support

The learning curve in the first few years is challenging as you grow your understanding of the insurance markets, our clients, products and propositions, whilst at the same time developing broader consulting skills and knowledge of actuarial techniques.

As you progress, you will get more deeply involved in supporting research and product development. We pride ourselves in remaining ahead of the game in our market - we need to know the next client issue or driver of change before it happens - and so we invest heavily in product and service development.

This Apprenticeship is a 24-36 months programme where you will be provided on the job training and a highly competitive study support package. You will be fully supported by WTW and our official government approved Training Provider throughout the duration of the programme.

The Requirements
  • 3 A-Levels or equivalent qualifications including Maths grade A/B
  • High level of numeracy
  • Self-discipline, determination and appreciation of the demands of studying while working
  • Clear aptitude for teamwork, planning and organising
  • Excel knowledge would be beneficial
  • Team player
  • Attention to detail
  • Good communication skills

The Application Process

Stage 1: Online application, including CV
Stage 2: Online testing
Stage 3: Video interview - in partnership with the Bright Network, we have created an academy module on "How to Ace your Video Interview". Click here to sign up and watch it!
Stage 4: Online assessment centre
Stage 5: Offer and on-boarding

Bright Network

In partnership with WTW, this module will help you prepare for upcoming interviews. With a key focus on video interviews, WTW.

Equal Opportunity Employer
Willis Towers Watson is an equal opportunities employer and does not discriminate on any basis. We support flexible working and this role will be considered on a flexible basis

Start date for the UK Apprenticeship Programme will be end of August/ early September 2022

This employer is a corporate member of myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.
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