Commercial Lines Pricing Associate Director

WTW group; Greater London; Hybrid; GBP 80,000 - GBP 100,000; Full time

Job summary

A leading consultancy firm is seeking a Commercial Lines Pricing Associate Director to optimize pricing strategies for top insurers. The role entails building trusted client relationships, developing innovative solutions, and contributing to market propositions. Candidates should have relevant experience in commercial lines pricing, strong analytical skills, and a collaborative mindset. The position offers a comprehensive benefits package and opportunities for professional growth, including hybrid working options and extensive health support.

Benefits

25 days annual leave plus an extra WTW day

Private healthcare and life insurance

Hybrid working options

Electric vehicle car scheme

Cycle-to-work programme

Qualifications

• Experience selling projects to insurance/financial institutions is beneficial.
• Track record of innovation and creativity in revenue enhancement.
• Strong analytical and creative skills with a big-picture perspective.

Responsibilities

• Optimize clients' Commercial Lines pricing strategies.
• Develop trusted advisor relationships with clients.
• Lead development of new propositions in commercial lines pricing.

Skills

Relevant experience in a Commercial Lines pricing role

Ability to work effectively with diverse professionals

Advocate for analytical approaches and data enrichment

Strong interpersonal and team skills

Self-starter attitude

Tools

Radar software

Job description

Description

As a Commercial Lines Pricing Associate Director within the UK P&C Consulting Practice you will work beside some of the market’s top thought leaders designing and implementing cutting-edge solutions to pricing and underwriting challenges faced by the world’s leading commercial insurers.

In your role you will be helping our clients by:

• Optimising their Commercial Lines pricing strategies and approaches
• Delivering pricing and underwriting capability reviews and pricing transformation engagements
• Helping to build effective Commercial Lines pricing models, tools and processes
• Designing sophisticated MI and portfolio management capabilities
• Leveraging your market knowledge in developing cutting edge solutions for commercial lines pricing in collaboration with various teams from across Willis Towers Watson
• Bringing innovative data enrichment ideas to harness pricing insights and providing support with their implementation.

Role

Your main responsibilities will be as follows:

Clients

• To build a market profile as a representative and advocate of Willis Towers Watson commercial lines pricing consulting services and software tools
• Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
• Actively seek to be involved in a variety of work to ensure a broad skill set (technical, management and client) is maintained and developed
• Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
• Demonstrate commitment to Willis Towers Watson professional standards in managing analyses and in communications with clients

Thought leadership

• To develop new relevant propositions or to enhance current propositions in commercial lines pricing leveraging Willis Towers Watson’s toolset and broader pricing intellectual property and resources
• Lead or contribute to the development of the company’s intellectual capital including plans for taking this to market
• Have a desire to establish and enhance a public reputation in a chosen specialism through the production of articles and presentations

Financial and business development

• Meet goals for billable hours and intellectual capital development
• Develop and present proposals to potential clients, demonstrating the economic value of the company’s offerings
• Use contacts within current network to obtain introductions to new contacts; work to develop supporters for company’s products and services

People

• Build relationships internally and collaborate effectively on cross‑functional teams
• Serve as a manager or mentor to more junior associates

Qualifications

What you’ll bring

• Relevant experience in a Commercial Lines pricing role in an insurance firm or consultancy
• Ability to work effectively with people from a broad range of professional backgrounds
• An advocate for the development of analytical approaches and the adoption of new techniques
• Advocate for the value of data enrichment in commercial lines pricing and underwriting
• Exposure to machine learning or big data techniques beneficial
• Experience of Radar software is preferred
• Experience or interest in selling projects to insurance / financial institutions
• A track record in innovation and creativity delivering realised revenue enhancements
• Ability to work in a dynamic, fast‑paced environment and drive change effectively.
• Strong interpersonal and team skills
• Self‑starter attitude and ability to work within ambiguity
• Strong analytical and creative skills
• Enjoy training / mentoring junior staff
• The ability to see the "big picture", leveraging the resources of related practices to address the clients' business challenges
• Availability to travel on an as needed basis, domestically and internationally

What we offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle‑to‑work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please [e-mail]