Head of Risk and Capital, North America

Job-ID: 202605886Category: General Risk ConsultingLocation: New York, NY, United States; Stamford, CT, United States; Hartford, CT, United States; Philadelphia, PA, United States; Miami, FL, United States; Boston, MA, United StatesSchedule: Full timePosted: 2026-10-23WTW’s Global Insurance Consulting and Technology (ICT) business helps insurers[KG1] and reinsurers strengthen competitive position, accelerate innovation, and deliver sustainable growth. We integrate world-class actuarial expertise with purpose-built insurance technology, advanced analytics and AI to address complex risk and capital challenges and identify new sources of value. Our consultants combine deep industry knowledge with rigorous analytical capabilities to deliver mission-critical services and solutions that enhance performance, enable transformation, and build resilience. More than 1,000 insurers worldwide rely on this differentiated approach to shape the next phase of their businesses.The Head of Risk and Capital for North America owns the strategy, growth, and performance of the business. This leader mobilizes ICT’s actuarial consulting resources and market-leading capital modeling software product, Igloo, to win and expand relationships with property and casualty insurers and reinsurers, ILS Funds and Insurtech[MB2] s.Working directly with our client’s executive leaders, the role shapes decisions on portfolio mix and growth plans for risk and capital efficiency and maximum risk-adjusted return, designs portfolios and reinsurance to optimize return on capital, creates management strategies to control income volatility and maximize cost efficiency, creates capital deployment strategies for M&A; converting our client’s priorities into high-value engagements. The mandate is to set the market agenda, enforce rigorous execution, and strengthen ICT’s market lead[AG3] ing position across North America.This position covers organizations from the United States, Canada and Bermuda and will involve co-ordination with other regions for organizations with global presence as appropriate.Note that visa employment-based, non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.The RoleAs North America’s Head of Risk and Capital, you will draw on your experience as a senior practitioner and business leader to drive growth for our clients, our business, and our colleagues through:Market Development: Define the practice’s market strategy based on current demands and emerging trends across North America’s property casualty insurance and reinsurance market[KG4] s. The broad focus of this position extends from emerging risk and capital modeling opportunities to tech-lead transformation of risk and capital functions. Partner with global service, solution, and go-to-market leaders to advance market development priorities and help clients stay ahead of industry change.Client Development: Develop and close risk and capital consulting engagements, and transformative technology opportunities across property and casualty lines, helping new clients achieve their capital objectives while retaining and expanding relationships with existing clients. Achieve both individual and practice sales goals. Success will require close collaboration with colleagues across pricing, reserving, technology, sales, finance and legal.Client Delivery: Assume accountability for client retention and expansion through successful execution of client engagements, ensuring that outcomes meet or exceed client expectations. Tailor methodologies to the scale and complexity of each engagement and draw on the expertise of seasoned consultants across the region and globally to accelerate delivery.People & Team Development: Build the capabilities required to deliver best-in-class client service by recruiting, mentoring, managing, and advancing the team’s professional expertise. You will share responsibility for talent management and development with HR partners, people managers, and operations leaders.Financial Leadership: Own the growth and profitability for the Risk and Capital Practice across North America property and casualty market. Partner with ICT Finance to manage revenue forecasting, growth and profitability goals.QualificationsThe Requirements (What Sets You Apart)Built and/or scaled an actuarial practice and/or actuarial software business.Held responsibility for pipeline development with new clients, new business and retention of existing clients. Experience running the P&L for consulting or market facing teams.Senior practitioner with subject matter expertise across corporate reserving, risk management, capital modeling, reinsurance / ILS.Consulting experience with organizations requiring strong problem-solving skills, development of implementation methodologies, and the balance of client delivery obligations with revenue generation.Well-established and influential actuarial network within the North American property and casualty (re)insurance market.[KG1] [KG2] [KS3] Executive level relationship builder comfortable selling professional services and insurance technology solutions. Confidence to partner with senior executives to define practical strategies that turn into executable engagements, delivering measurable business outcomes of growth, competitive moat, efficiency, and risk mitigation.Commercial discipline to structure, negotiate and close win-win contracts with clients from straight forward one-year consulting engagements to complex, multi-year enterprise technology transformations.A track record of building, motivating, developing and managing teams of exceptionally talented, domain specific, client-centric consultants.Fostered a community of actuaries and/or data scientists who are subject matter experts, providing the vision and leadership needed to grow and diversify the practice. Oversaw the professional development of actuaries with the required expertise across various products and dimensions of the property and casualty industry.Point of view on where and how the capital function can produce a ROI by embedding AI into operations. Financial understanding of the pricing levers within professional services firms and technology companies.Self-driven with a value for teamwork, collaboration, innovation, decisiveness, and integrity.Minimum of 15 years of actuarial and insurance industry experience.Availability to travel on an as needed basis.Professional designations such as CPCU, CSPA, ARM, FCAS or equivalent (e.g., FIA) a plus but not required.This position can be based in a major U.S. Market and is open to remote/virtual work.This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.Compensation and Benefits Benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).Compensation The salary compensation range being offered for this role is $250,000 to $350,000.This role is also eligible for an annual short-term incentive bonus. Company Benefits:WTW provides a competitive benefit package which includes the following (eligibility requirements apply):Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time OffRetirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings PlansPursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.EOE, including disability/vets