WTW Hires Nicholas Carbo as Senior Director for ICT Services
WTW Strengthens Insurance Consulting & Technology Leadership
WTW (NASDAQ: WTW), a top advisory and solutions company globally, has exciting news regarding the growth of its Insurance Consulting & Technology (ICT) business. The company proudly announces the appointment of Nicholas Carbo as Senior Director, effectively enhancing its commitment to supporting insurance clients.
Profile of Nicholas Carbo
Before joining WTW, Carbo was the Chief Financial Actuary for Individual Annuity at Corebridge Financial, where he played a pivotal role in annuity assumption governance and valuation processes. His expertise includes not only forecasting and reinsurance analysis but also oversight responsibilities in pricing and valuation. Carbo’s experience at Oliver Wyman as Senior Principal, where he advised (re)insurance companies on various projects, particularly in annuities and M&A, adds to his seasoned background.
Carbo's Role at WTW
Carbo’s responsibility at WTW will be to spearhead initiatives related to annuity product development, pricing, modeling, reinsurance, and M&A strategies. His extensive industry knowledge is expected to drive innovative solutions for clients looking to navigate the complex insurance landscape.
Remarks from Company Leaders
In welcoming Carbo, Karen Grote, Senior Director and North American Life Division Leader at WTW, expressed her enthusiasm: “We are thrilled to welcome Nick to WTW. His deep industry expertise is a great addition to the team and we are excited to see what we can accomplish together.” This emphasizes WTW's dedication to assembling a formidable team to enhance their service offerings.
Welcoming New Talents to the ICT Team
Alongside Carbo, WTW is also adding Poojan Shah and Erika Dochney to the ICT team this summer, expanding their capacity to serve clients effectively. Shah, who joins WTW from PwC, specializes in reinsurance structuring and M&A transactions, bringing vital skills to the organization. Based in Chicago, he will focus on enhancing clients' understanding of actuarial valuations and modernization initiatives.
Erika Dochney's Background
Erika Dochney comes from Lincoln Financial Group, where she concentrated on annual mortality experience studies. Her previous work includes leading product development at Haven Technologies, and she will primarily focus on life insurance product pricing and assumption development in her role at WTW, based in Philadelphia.
About Insurance Consulting & Technology (ICT)
The ICT division at WTW is dedicated to transforming the insurance sector using innovative advisory services and advanced technology. Their mission revolves around aiding clients in making informed decisions regarding risk and capital management. With a firm grasp of market demands, WTW collaborates with a multitude of clients globally, including leading insurance groups.
Global Reach and Expertise
More than 1,000 client companies engage with WTW's specialized insurance software across six continents. With a robust team of over 1,700 professionals in 35 markets, WTW is committed to being a key partner to the insurance industry.
About WTW
WTW (NASDAQ: WTW) excels in delivering data-driven and insightful solutions across the domains of people, risk, and capital. By leveraging a unique blend of global perspectives and local expertise, they empower organizations around the world to refine strategies and enhance resilience.
WTW is dedicated to fostering sustainable success by working closely with clients to discover opportunities that promote growth and performance.
To learn more, visit wtwco.com.
Frequently Asked Questions
What role did Nicholas Carbo hold before joining WTW?
Nicholas Carbo was the Chief Financial Actuary for Individual Annuity at Corebridge Financial prior to his appointment at WTW.
What responsibilities will Carbo have in his new position?
Carbo will oversee annuity product development, pricing, modeling, and M&A strategies, enhancing client support and innovation.
Who else is joining the ICT team at WTW?
Poojan Shah and Erika Dochney will also join the ICT team, bringing extensive experience and expertise in their respective areas.
How does WTW support its global insurance clients?
WTW offers innovative advisory services and technology solutions, catering to many global insurance clients to manage risks effectively.
What is WTW’s mission?
WTW aims to help organizations sharpen their strategies and enhance resilience by delivering insights-driven solutions across various sectors.
About The Author
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