Prague

Intern

Graduate

Part Qualified

Associate

Qualified

Life

Health

Property & Casualty

Reserving

Reporting

Risk

Python

Modelling

Prophet

Pricing

MoSes

Consulting

Excel

ResQ

DescriptionOur Prague office is a regional hub serving clients across Central and Eastern Europe, the Middle East, and Western Europe. You'll work on high-impact projects with supportive, experienced colleagues in a dynamic, international environment.At WTW, we offer a clear career path, continuous development, and the opportunity to shape the future of insurance consulting.The RoleWe are looking for actuarial talent at all levels to join our growing Insurance Consulting and Technology team in Prague. Whether you're just starting your career or bring years of experience, you’ll have the opportunity to work on a diverse range of projects across the life and non-life insurance sectors.Our team supports clients on complex and high-impact assignments including pricing, reserving, product development, financial and regulatory reporting, M&A, and risk modeling. You’ll collaborate with professionals from across WTW, gaining exposure to regional and international engagements.Depending on your experience level, you will:<ul><li>Work with a variety of local and international clients across life and non-life insurance.</li><li>Work as part of a collaborative team across disciplines and geographies.</li><li>Analyze and prepare data, build models, and interpret results to deliver clear insights.</li><li>Apply actuarial concepts and advanced modelling techniques.</li><li>Develop technical skills in actuarial tools and methodologies.</li><li>Build relationships with clients and support business development activities.</li></ul>QualificationsThe RequirementsWe seek driven individuals with solid numerical skills and a knack for problem-solving. If you’re excited about making an impact in a fast-paced, global environment, this role is for you! Here’s what we value:<ul><li>Education: A degree in Actuarial Science, Mathematics, Statistics, Physics, Finance, or related field is preferred.</li><li>Other qualification: Progress in actuarial exams or full qualification for senior roles.</li><li>Skills: Excellent written and spoken communication, a keen eye for detail, and the ability to multitask effectively.</li><li>Technical competencies: Strong Excel skills are essential, and experience with R, SQL, PowerShell or Python is a significant advantage. Familiarity with actuarial software (e.g., Prophet, RiskAgility, ResQ) would also be beneficial.</li><li>Attitude: Strong creative thinking, a collaborative mindset, a passion for teamwork, and willingness to travel occasionally.</li><li>Language: Fluency in English; proficiency in Czech, Slovak, or another CEE language (e.g., Polish, Hungarian, Romanian) is a plus.</li></ul>Why WTW?<ul><li>Hybrid &amp; flexible working: Balance your time between home and our modern Prague office.</li><li>Career development: Clear growth paths, hands-on learning, and global exposure.</li><li>International projects: Collaborate with colleagues and clients across borders.</li><li>Supportive culture: Join a team that values innovation, inclusion, and collaboration.</li><li>Team events &amp; community: Celebrate success and build lasting connections.</li></ul>This role offers a hybrid work schedule, allowing for a combination of remote and in-office work to support flexibility.We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.

The RoleConsultants in this role will work as a member of several project teams supporting clients on a wide variety of engagements covering topics such as financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. Our clients demand leading edge products and expertise, and as a consultant with our firm, you can expect to gain tremendous exposure to all facets of insurance operations. This position comes with significant upwards potential for a successful and motivated candidate.As an Actuarial Consultant you will work as part of a team on a wide variety of complex projects. You will<ul><li>deliver superior project work that meet or exceed client expectations</li><li>monitor and manage progress of components of projects against established objectives, budget, and timeline</li><li>work as part of a multidisciplinary consulting or joint client-consultant team to analyse issues and develop value-added solutions, specifically across life, P&amp;C, and business consulting projects</li><li>interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues</li><li>deliver high-quality work in compliance with Professional Excellence standards and proactively look for process improvement.</li><li>develop a strong understanding of the Life and Non Life- Insurance industry in the Czech Republic</li><li>manage your time effectively between multiple assignments at a time</li><li>contribute to sales and marketing efforts by drafting proposals and responding to Requests for Proposal (RFPs)</li></ul>The Requirements<ul><li>At least 5-7 years of relevant experience in a consulting firm, financial services organization, or insurance firm</li><li>Understanding of local regulations (in the Czech Republic)</li><li>Expertise in actuarial software (Risk Agility, Moses, Prophet is a plus)</li><li>A track record of performing life or non-life insurance work, as well as interest/ability to contribute to cross-practice client engagements</li><li>Strong interpersonal and team skills</li><li>Self-starter attitude and ability to work within ambiguity</li><li>Flexibility and proven ability to diagnose and resolve issues</li><li>Strong analytical and creative skills</li><li>Enjoy training/mentoring junior staff</li><li>Working knowledge of Excel, MS Project, MS Word</li><li>Availability to travel on an as-needed basis</li><li>Qualified actuaries or candidates who have demonstrated good progress with the actuarial examinations</li><li>Master's or higher academic qualification in the area of actuarial science, financial risk, mathematics, statistics, or another related discipline</li><li>Fluency in English, written and spoken</li><li>Well-developed verbal communication skills in Czech, Slovak, or another Central Eastern European language (e.g., Slovenian, Croatian, Polish, Hungarian, Romanian, Bulgarian)</li></ul>WTW is an equal opportunity employer.

Consultants in this role will work as a member of several project teams supporting clients on a wide variety of engagements covering topics such as financial modeling, financial reporting, mergers and acquisitions, regulatory issues, litigation, pricing, and product development. Our clients demand leading edge products and expertise, and as a consultant with our firm, you can expect to gain tremendous exposure to all facets of insurance operations. This position comes with significant upwards potential for a successful and motivated candidate.As an Actuarial Consultant you will work as part of a team on a wide variety of complex projects. You will:<ul><li>deliver superior project work that meet or exceed client expectations</li><li>monitor and manage progress of components of projects against established objectives, budget, and timeline</li><li>work as part of a multidisciplinary consulting or joint client-consultant team to analyse issues and develop value-added solutions, specifically across life, P&amp;C, and business consulting projects</li><li>interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues</li><li>deliver high-quality work in compliance with Professional Excellence standards and proactively look for process improvement</li><li>develop a strong understanding of the Life and Non Life- Insurance industry in the Czech Republic</li><li>manage your time effectively between multiple assignments at a time</li><li>contribute to sales and marketing efforts by drafting proposals and responding to Requests for Proposal (RFPs)</li></ul>Requirements:<ul><li>At least 5-7 years of relevant experience in a consulting firm, financial services organization or insurance firm</li><li>Understanding of local regulations (in the Czech Republic)</li><li>Expertise in an actuarial software (Risk Agility, Moses, Prophet is a plus)</li><li>A track record of performing life or non-life insurance work as well as interest/ability to contribute to cross-practice client engagements</li><li>Strong interpersonal and team skills</li><li>Self-starter attitude and ability to work within ambiguity</li><li>Flexibility and proven ability to diagnose and resolve issues</li><li>Strong analytical and creative skills</li><li>Enjoy training/mentoring junior staff</li><li>Working knowledge of Excel, MS Project, MS Word</li><li>Availability to travel on an as needed basis</li><li>Qualified actuaries or candidates who have demonstrated good progress with the actuarial examinations</li><li>Masters or higher academic qualification in the area of actuarial science, financial risk, mathematics, statistics or other related discipline</li><li>Fluency in English, written and spoken</li><li>Well-developed verbal communication skills in Czech, Slovak or another Central Eastern European language (e.g. Slovenian, Croatian, Polish, Hungarian, Romanian, Bulgarian)</li></ul>We are an Equal Opportunity Employer.

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