Actuarial Technician Higher Apprenticeship - Insurance Consulting Technology Property and Casualty
by WTW
Job Details
Actuarial Technician Higher Apprenticeship - Insurance Consulting Technology Property and Casualty
Difference makers
Begin your career with WTW where every step is an opportunity. Join a company with global scale and diverse perspective where you can deepen our collective insight, set the bar high and succeed your way.
Whichever early careers program you join, you’ll go into a role with real responsibilities, exposure to client assignments and the opportunity to build up valuable experience. With WTW behind you, you’ll learn and develop the skills to succeed in your chosen role.
Where you means all of us
We’re proud of our culture and committed to making a real impact for our clients and colleagues. That’s why we constantly challenge ourselves to grow our inclusive culture and create a place where we’re bolder together. Our inclusion networks help us to live our values and our defined inclusion and diversity commitments improve and measure our progress. For you, this means joining a company where you can bring your whole self to work.
Your future in sharp focus
We leverage the global view and local expertise of our 47,000 colleagues serving 140 countries and markets to transform tomorrows. At WTW, you’ll tackle challenges with the help of a diverse, expert global team and identify strategic solutions that move us – and the world’s most powerful organizations – forward.
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: 30th September 2024
- Anticipated Start Date: 29th September 2025
- Location: London or Reigate
- Salary: Competitive
The Role
A role in Insurance Consulting is stimulating, challenging, exciting and extremely rewarding.
We require colleagues 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 Actuarial Technician 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, including the opportunity to pursue the Level 7 Apprenticeship scheme. 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 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 month 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
- Able to be part of a dynamic team
- Attention to detail
- Good communication skills
About WTW
At WTW, our purpose is to transform tomorrows
We work with the world’s leading organisations in the areas of people, risk and capital to help them solve problems such as:
- How do we build a workplace benefits programme that best supports employees?
- How can we empower employees with information about their retirement plans, helping them make better decisions?
- How can we invest better, in a way that builds a more sustainable planet?
- How can we properly insure a yacht in a country with natural disasters?
- How much should a footballer’s leg be insured for?
We are a global company of over 47,000 people, and we hire apprentices in places such as Ipswich, London, and Reigate.
Our core values that guide what we do every day are:
- Client focus: we are driven to help our clients succeed.
- Teamwork: when you get one of us, you get all of us. We help each other succeed.
- Integrity: we seek to earn trust every day through professionalism, doing what is right and telling the truth.
- Respect: we listen and learn from each other. We support and celebrate differences.
- Excellence: we strive to lead and sustain excellence. Most importantly, this means an unwavering commitment to professional development and personal growth for our people.
How to apply
- Online application, including CV Stage
- Online testing Stage
- Video interview
- Online assessment centre
- Offer and on-boarding
To apply for this role and to find out more, please click on the apply button.
