At a Glance
- Tasks: Join our team to tackle complex risk challenges and deliver impactful solutions.
- Company: Moody's is a leader in risk management, fostering innovation and inclusivity.
- Benefits: Enjoy extensive training, career growth opportunities, and a collaborative work environment.
- Why this job: Make a difference by helping clients navigate climate and catastrophe risks while developing your skills.
- Qualifications: Must have a 2.1 Bachelor's in a quantitative field and strong analytical skills.
- Other info: Be part of a diverse team with over 400 years of combined experience.
The predicted salary is between 36000 - 60000 £ per year.
Location(s):
- Minster Building, 21 Mincing Lane, 2nd Floor, London, EC3R 7AG, GB
Line Of Business: RMS(RMS)
Job Category:
- ESG Analytics, Data & Research
Experience Level: Experienced Hire
At Moody’s, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We strive to create an inclusive environment where everyone feels welcome to be who they are—with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.
We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.
Skills and Competencies:
- Enjoy solving analytical and technical problems.
- Experience or training with coding languages, such as Python or R.
- Be motivated by helping others succeed.
- Prioritize impactful outcomes and know when a job is done.
- Communicate effectively verbally, in writing, and in presentations.
- Simplify and apply complex technical or scientific concepts for varied audiences.
- Demonstrate a constant desire to learn new skills and concepts.
- Have an interest in the role of science and technology in understanding and managing risks.
- Fluency in spoken and written English.
- Some form of client-facing previous experience preferred.
Education:
- Minimum 2.1 Bachelor’s degree in a quantitative subject (e.g., maths, sciences, computer science, engineering, economics).
- Masters qualification or at least 1 year experience working in catastrophe modelling, financial services, or Insurtech (preferred).
- Minimum ‘A’ grade at A Level in Mathematics or equivalent.
- A second ‘A’ grade at A Level in a scientific subject (preferred).
About the Insurance Advisory Team:
The Insurance Advisory Team operates at the forefront of defining best practices for the quantification and management of risk. Demand for climate and catastrophe risk analytics and data is growing at pace, including beyond the insurance market into financial services, governments, and corporate use cases.
We work closely with clients to deliver a wide range of analytical, advisory and technology services and solutions, including:
- Risk transfer consulting and optimization, including parametric (re)insurance, catastrophe bonds, and other forms of alternative risk transfer.
- Consulting around new emerging systemic risks facing society, including climate change, cyber risk, novel infectious disease, and pandemic.
- Assessment of business best practices for risk management, implementation, and optimization of workflows relating to Moody’s products.
- Emerging use cases for risk analytics as these become strategic priorities for Moody’s and our clients.
Joining this team offers an opportunity to drive the growth of a unique and fascinating market and help build resilience to the challenges society faces today.
About the Risk Consulting Associate role:
As a risk consulting associate within the Insurance Advisory Team, you will work with more experienced colleagues on all aspects of projects, from initial exploratory conversations and project definition, all the way through to delivery of projects to clients. You will be part of a 40+ strong team of professionals with over 400 years combined experience in the markets that we serve. At Moody’s, we look to give analysts responsibility for discrete elements of projects very early in their career, so that they can take ownership of work and develop their consulting and project management skills.
There is no “typical” project, as our market is evolving fast – but some recent examples include:
- Helping global customers respond to regulatory climate change stress tests.
- Modelling a cyber catastrophe bond to enable an insurer to spread their risk into the capital markets.
- Working with utilities providers to understand the increasing risks from wildfire as a result of climate change, and quantify the result of their risk mitigation efforts.
- Helping a large global (re)insurer to determine the right approach to implement capabilities built on Moody’s Cloud-based Intelligent Risk Platform (IRP), including streamlining and optimization of their workflows.
You will be offered extensive training around Moody’s Insurance Solutions products and services, the markets we serve, and the opportunities within them. Initially, you will be expected to contribute to the full range of project opportunities, and over time you may specialize in key areas that meet the combined needs of the business and your own skills and capabilities, or remain a generalist.
Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity, or any other characteristic protected by law.
Candidates for Moody’s Corporation may be asked to disclose securities holdings pursuant to Moody’s Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.
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Catastrophe Risk Consulting Associate employer: Moody's Investors Service
Contact Detail:
Moody's Investors Service Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Risk Consulting Associate
✨Tip Number 1
Familiarize yourself with the latest trends in catastrophe risk analytics and data. Understanding the current challenges and innovations in this field will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Brush up on your coding skills, especially in Python or R. Being able to demonstrate your technical proficiency can set you apart from other candidates and show your readiness for the analytical aspects of the role.
✨Tip Number 3
Network with professionals in the insurance and risk consulting sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Moody's.
✨Tip Number 4
Prepare to discuss your previous client-facing experiences. Highlight how you've helped clients succeed in the past, as this aligns with Moody's emphasis on building relationships and delivering impactful outcomes.
We think you need these skills to ace Catastrophe Risk Consulting Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Catastrophe Risk Consulting Associate position. Familiarize yourself with the key skills and competencies mentioned in the job description, such as coding languages like Python or R, and the importance of effective communication.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize any analytical problem-solving experiences, client-facing roles, and your educational background in quantitative subjects. Make sure to include specific examples of how you've applied your skills in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk management and your motivation to help others succeed. Use this opportunity to explain how your background and experiences make you a great fit for the team at Moody's. Be sure to mention your interest in the role of science and technology in managing risks.
Proofread and Edit: Before submitting your application, carefully proofread your CV and cover letter for any grammatical errors or typos. Ensure that your writing is clear and concise, and that it effectively communicates your qualifications and enthusiasm for the position.
How to prepare for a job interview at Moody's Investors Service
✨Show Your Analytical Skills
As a Catastrophe Risk Consulting Associate, you'll need to demonstrate your ability to solve analytical and technical problems. Be prepared to discuss specific examples from your past experiences where you successfully tackled complex issues, ideally using coding languages like Python or R.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining complex concepts in simple terms, as you may need to present your findings to clients who might not have a technical background. Consider preparing a brief presentation on a relevant topic to showcase your communication skills.
✨Demonstrate Curiosity and Learning
Moody's values candidates who show a constant desire to learn. Be ready to discuss how you've pursued new skills or knowledge in the past, especially related to risk management, climate change, or technology. This will highlight your motivation to grow within the company.
✨Highlight Client-Facing Experience
If you have previous client-facing experience, make sure to bring it up during the interview. Discuss how you built relationships with clients and contributed to their success. If you lack direct experience, think of ways you've collaborated with others or worked in team settings that required strong interpersonal skills.