At a Glance
- Tasks: Manage and analyse clients' insurance portfolio data using catastrophe models like RMS and AIR.
- Company: WTW focuses on providing analytical services in the Insurance/Reinsurance industry.
- Benefits: Inclusive work environment with a commitment to diversity and equal opportunity.
- Other info: Experience with GIS software such as ArcGIS is advantageous.
- Why this job: Opportunity to develop a career in catastrophe risk analysis with early responsibility.
- Qualifications: Master's degree or strong numerate degree in subjects like mathematics or engineering required.
The predicted salary is between 40000 - 50000 £ per year.
In this role, the individual will work closely with Brokers in the Global Markets Direct and Facultative team. The individual will be required to offer a wide range of analytical services including data management, catastrophe modelling, exposure management, financial modelling, and bespoke analytics. The focus of our service is to provide Brokers with a deeper understanding of their clients' risk from natural perils such as windstorm, earthquake, severe convective storm, flood and wildfire.
This is a general summary of the duties the successful candidate will be expected to perform as a part of the team, and your role will include:
- Managing, auditing, processing and analysing clients' insurance portfolio data
- Preparation and formatting of data for modelling
- Operation of catastrophe models including RMS and AIR
- Operation of geo-visualisation tools including Arc GIS
- Interpretation of model results
- Preparation of catastrophe research report
- Presentation and explanation of catastrophe model results
- Develop professional working relationships and communicate effectively with colleagues
- Work with the existing team members on a day-to-day basis
- Process and audit large portfolios of data; run portfolios against state-of-the-art internal and external computer models; synthesise the results
- Take a methodical approach to problem solving and be comfortable with IT
Qualifications:
- Master's Degree and/or a good degree from a leading university in a numerate subject (e.g., mathematics, meteorology, engineering, physics, geophysics, geography, IT)
Skills & Attributes:
- Passion to develop your career within the Insurance/Reinsurance industry
- A keen interest in natural catastrophes
- Attention to detail
- Ability to forge good relationships
- Desire to take early responsibility
- High degree of self-discipline and commitment
- Experience at handling large datasets through use of computer code (advantage)
- Experience and working knowledge of GIS software such as ArcGIS (advantage)
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.
Catastrophe Risk Analyst in City of Westminster employer: Willis Towers Watson
WTW is dedicated to fostering an inclusive workplace that values diversity. Located in a dynamic market, the team offers opportunities for professional growth in catastrophe risk analysis. Employees are encouraged to bring their whole selves to work.
