Willis Towers Watson
Job title:
Natural Catastrophe Analyst
Company
Willis Towers Watson
Job description
The CompanyWTW is a leading global advisory, broking and solutions company that helps clients
around the world turn risk into a path for growth. With roots dating to 1828, WTW
has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen
institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Unlock your potential at WTW.Risk and BrokingWe know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.The RoleModelling & analysing catastrophe exposure is an exciting and rapidly expanding area of our business. The position is for a Natural Catastrophe Risk Analyst to join the Global Markets P&C and Facultative analytics team to support modelling and service offering development globally.
The team work closely with Insurance Brokers in London offering a wide range of analytical services
including data management, catastrophe modelling, exposure management and
bespoke analytics. Our services are specifically focused to understand & quantify risk from natural
and man-made perils such as windstorm, earthquake, flood and terrorism.Day-to-day, you will be involved in processing and auditing client data, running client portfolios
against state-of-the-art internal and external computer models and synthesising the results. In addition, you should have the ability to effectively communicate technical detail internally and to external clients who do not necessarily have technical knowledge of the subject. We are looking for an ambitious, enthusiastic and self-motivated team player.Principle DutiesThe successful candidate will be a highly motivated individual, with a proven track record in the insurance market and experience in catastrophe risk analysis with the following responsibilities:
- Managing, auditing, processing and analysing clients’ insurance portfolio data
- Preparation and formatting of data for modelling
- Quantify the catastrophe risk to client portfolios using vendor catastrophe models
- Operation of geo-visualisation tools including Arc GIS
- Contribute to the Global Fac Analytics service offering development
- Understand and evaluate the impact of updates and revisions to models and the outputs produced
- Communicate results effectively to all stakeholders (i.e. cat modellers / brokers / clients/ reinsurers)
- Work closely with all stakeholders throughout all aspects of the risk quantification process
- Real-time reporting and analysis of natural disasters and supporting clients post-event
- Support junior members in the team through training and advice.
QualificationsMaster’s Degree and/or a good degree from leading university in a numerate subject e.g.
mathematics, meteorology, engineering, physics, geophysics, geography, IT.Skills & Attributes
- An understanding of London/global insurance markets and (re)insurance business
- Good working knowledge of at least one vendor model (RMS preferable)
- An understanding of the underlying perils science and model components
- Strong Problem-Solving skills and keen attention to detail
- Excellent IT skills, ideally with computer programming skills (e.g. SQL, R), an advantage
- Experience and working knowledge of GIS software e.g. ArcGIS, an advantage
- Excellent communication skills
- Ability to process and understand data quickly and creatively
- The ability to work in a team
- Highly motivated to learn and grow within a global market leader
What can we offer you?In return you will be rewarded with a competitive salary and benefits package.
WTW believes that effectively managing a diverse workforce is vital to our business
strategy. Our continued success depends greatly on our ability to fully and effectively employ
qualified persons, regardless of race, colour, religion, marital status, sexual orientation, age,
disability, veteran status, military status, ancestry, gender, gender identity or expression, or any other characteristic protected by applicable human rights or equal opportunity legislation.
We have an obligation to our organization, ourselves and our clients to hire and develop the best
people we can find. We will continually review our policies and practices to ensure that all areas of
the employment process (including recruiting, hiring, work assignments, compensation, benefits,
promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices.We are committed to equal employment opportunities at WTW.
Expected salary
Location
Ipswich, Suffolk
Job date
Sat, 31 Aug 2024 02:41:02 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (jobs-near-me.eu) you saw this job posting.