2018 Graduate Analyst – Insurance & Actuarial Consulting (Shanghai)

Job description

JOB DESCRIPTION

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

We provide risk consulting and financial modeling software solutions primarily to the insurance industry. We help clients improve business performance and create competitive advantage in areas related to financial and regulatory reporting, enterprise risk management, M&A and corporate restructuring, and product and market strategies.

Our insurance consulting business helps clients 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.

The Role

As an entry level associate within Risk Consulting & Software (RCS) you will be responsible for providing assistance in the management of projects within the RCS team.

Performance Objectives:
Clients

·  Deliver tasks that meet or exceed client expectation
·  Increase efficiency within client teams by identifying ways to improve processes
·  Monitor progress to deadlines and budget

Excellence

·  Assist with business planning, pricing, valuations, product development, design and sales of life insurance products
·  Support Merger and Acquisition projects and insurance company restructurings and floatations
·  Assist with market entry strategies and research, financial reporting (appraisal/embedded value, China GAAP, IFRS & US GAAP)

People

·  Build strong relationships internally and with client representatives
·  Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
·  Seek and participate in key learning and development opportunities/maintain steady progress through exams

Financial

·  Meet billable hours targets

The Requirements

General Requirements:

·  Bachelor’s degree or above in Actuarial Science, Mathematics, Statistics or numerate related fields
·  Minimum GPA of 3.0 or above
·  Chinese ID Holder or Permanent Residence pass holders only
·  Mother Tongue in Mandarin
·  Graduate between late 2016 to July 2017

Other Requirements:

·  Undertaking an approved actuarial qualification and be part way through the exams
·  Strong computer/programming skills (i.e. spreadsheets, databases, VBA)
·  Written and spoken fluency in English and Chinese
·  Strong actuarial and technical analytical skills
·  Able to work independently as well as contribute effectively as a team player
·  Attention to detail and commitment to task
·  Well organized, able to handle a variety of assignments and meet tight deadlines
·  Knowledge on SAS/GLM preferred for non-life insurance consulting