Reserving Director

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia WTW Full time

The Role

We are looking for an experienced reserving actuary to join Willis Towers Watson in Riyadh as a consultant in our Property & Casualty (P&C) insurance practice to help us further develop our reserving practice and to contribute across adjacent areas.

You will deliver high quality work in line with agreed deadlines for our broad set of clients, working with our existing team of reserving specialist.

You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to interpret data, apply your insurance market experience, draw conclusions and present model results.

You will be expected to manage projects from conception through to delivery, including managing the day-to-day client communications and managing junior colleagues working on the projects.

You will also work with our team of data specialists to develop and enhance our offering in this area.

You will have the opportunity to work with our team of pricing, portfolio management, underwriting, finance and claims experts as part of our broader offering to clients.

These experiences will help build on your technical and overall industry knowledge.

Undertaking substantial workstreams in large reserving projects, across a variety of commercial and/or personal lines of business, and providing day-to-day input to projects, working with project leaders to understand overall priorities.


Producing reports / communications with a client focus and working to provide solutions for senior project leaders.

Designing and/or implementing efficient reserving processes and effective methodologies on new and existing client engagements.

Working simultaneously on a range of client projects / internal responsibilities and managing deadlines and priorities appropriately.

Developing a profile within the Middle East, EMEA or global initiatives, working to support the delivery of commercially important work streams, including advanced analytics and reserving process transformation.


Qualifications - External

The Requirements

  • Qualified actuary
  • P&C insurance background, with extensive reserving experience (7+ years)
  • Strong knowledge of Middle East markets with relevant experience in a reserving role at an insurance firm
  • Ability to write client deliverables/reports in a clear, concise and appropriate style
  • Excellent communications skills in English; additional Arabic will be a plus
  • The ability to see the "big picture", leveraging the resources of related practices to address clients' business challenges
  • Availability to travel on an as needed basis, domestically and internationally
Equal Opportunity Employer

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