Willis Towers Watson has launched vPlace – a virtual, actuarial workspace that brings their insurance software to the cloud. The Software-as-a-Service (SaaS) platform has been developed to help meet the industry’s need to reduce IT costs and find more efficient ways to respond to business and regulatory pressures which legacy IT infrastructure is failing to address. |
The online workspace, powered by Microsoft Azure, overcomes the limitations of legacy IT by providing insurers with an agile, alternate environment to host and manage their Willis Towers Watson software and supplementary actuarial programmes. Through vPlace, software is enabled to run at peak performance, supporting insurers’ ability to effectively respond to fluctuating industry pressures, maximising their software investment. Stephen Hollands, SaaS Global Product Leader at Willis Towers Watson said, “Shorter reporting timelines are pushing insurers to do more in less time and traditional on-premise infrastructures are struggling to remain fit for purpose. Having a virtual workspace in the cloud, supported by our risk and actuarial software experts, allows insurers more time to respond to the changing needs of the business without having to spend huge sums on purchasing, updating and maintaining onsite infrastructure.” Jonathan Silverman, director, business development at Microsoft Corp. said: “To expand computing capacity enough to meet regulations and compete in the market, insurers that rely on on-premises technology will have to invest heavily in infrastructure which may quickly become obsolete. By leveraging high performance compute capacity in Microsoft Azure, vPlace gives insurers a solution for their risk and actuarial software challenges that is both flexible and cost-effective.” vPlace can accommodate a range of Willis Towers Watson’s risk and actuarial software products and other supplementary actuarial programmes to enable them to work seamlessly together. The consultancy and leading software vendor’s RiskAgility Financial Modeller (FM) is the first of its actuarial software products to be hosted on vPlace, with other products scheduled to join over the coming year. |
|
|
|
Senior Consultant - Non-life Pricing | ||
London / hybrid - Negotiable |
Pricing and Funded Reinsurance Manager | ||
London/Hybrid - Negotiable |
Business Partnering Actuary | ||
London/Hybrid - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Business Development Corporate Actuar... | ||
London/Manchester/Hybrid - Negotiable |
Actuarial Analyst, Pensions to GI | ||
London - £40,000 to £50,000 Per Annum |
Revenue Generating Actuarial Pensions... | ||
Any UK Office location / Hybrid working - Negotiable |
Senior Actuarial Pensions Trustee Con... | ||
Any UK Office location / Hybrid working - Negotiable |
Take Life & Health Reserving to the N... | ||
Flex / hybrid - Negotiable |
M&A Actuarial Analyst - Non-life | ||
London / hybrid with 2 days p/w office-based - Negotiable |
Pension Risk Transfer Consultant | ||
Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable |
Life Actuarial Analyst - Financial Re... | ||
South East / hybrid with 2 days p/w office-based - Negotiable |
Senior Quotation Analyst | ||
Flex / hybrid - Negotiable |
Remote working Corporate Actuary (Pen... | ||
Remote working, must be based in the UK - Negotiable |
Actuarial Manager - Capital & Reporting | ||
London/Remote - £80,000 Per Annum |
Pricing Trainee/Analyst - Life Actuarial | ||
South East / hybrid - Negotiable |
Pricing Analyst - Life Actuarial | ||
South East / hybrid - Negotiable |
Reserving Actuary | ||
London / hybrid 3 dpw office-based - Negotiable |
Modelling Associate - Non-life | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Consultant - Pension Risk Tran... | ||
Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.