Senior Catastrophe Analyst

Senior Catastrophe Analyst

Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
WTW

At a Glance

  • Tasks: Analyse catastrophe risks and support brokers with cutting-edge analytics.
  • Company: Join a global leader in insurance analytics with a collaborative culture.
  • Benefits: Enjoy 25 days leave, private healthcare, and hybrid working options.
  • Other info: Opportunities for professional growth and community involvement.
  • Why this job: Make a real impact in risk management while growing your career.
  • Qualifications: Degree in maths, statistics, or engineering; strong analytical skills required.

The predicted salary is between 60000 - 75000 £ per year.

In this role, the individual will work closely with Brokers in the Global Markets Direct and Facultative team to deliver market leading analytics. The Direct & Fac Data and Analytics team offer a wide range of analytical support to the broking team in order to secure the best results for our clients. Typical analytical support includes data management, catastrophe modelling, exposure management, financial modelling, and bespoke analytics. The focus of our team is to provide brokers with a deeper understanding of their clients' risk from natural and man-made perils such as windstorm, earthquake, severe convective storm, flood and wildfire.

The Role:

  • On a day-to-day basis, the individual will be involved in processing and auditing client data, running client portfolios against state-of-the-art catastrophe models, and synthesising the results.
  • They will be required to take a methodical approach to problem solving and be proactive in meaningfully contributing to the success of D&F.
  • Joining the company with a maths, statistics, engineering or natural sciences degree (ideally Masters), they also require the ability to effectively communicate technical details to a non-technical audience.
  • Managing, auditing, processing and analysing portfolio data, preparing it for model ingestion.
  • Quantify the catastrophe risk using vendor catastrophe models.
  • Operation of geo-visualisation tools including Arc GIS.
  • 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/ (re)insurers).
  • Work closely with all stakeholders throughout the risk quantification process.
  • Real-time reporting and analysis of natural catastrophes.

Qualifications

What you'll bring:

  • Proven track record of exceeding performance expectations.
  • Highly proactive, with a passion to deliver industry-leading results.
  • A natural team-player, committed to close collaboration with colleagues.
  • An understanding of London/global insurance markets and (re)insurance business.
  • Experience in at least one vendor model and understanding of the underlying perils science and model components.
  • Strong problem-solving skills and keen attention to detail.
  • Excellent IT skills, Power BI an advantage and experience with SQL, R/Python an advantage.
  • Experience with process optimisation and working knowledge of GIS software e.g. ArcGIS, an advantage.
  • Excellent communication skills, ability to process and understand data quickly and creatively.
  • Highly motivated to learn and grow within a global market leader.

What We Offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com.

Senior Catastrophe Analyst employer: WTW

WTW is an exceptional employer that fosters a dynamic work culture, offering a hybrid work model that promotes flexibility and work-life balance. Employees benefit from comprehensive health insurance and have ample opportunities for professional growth within the M&A team, making it an ideal environment for those looking to thrive in a collaborative and innovative setting.

WTW

Contact Details:

WTW Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Catastrophe Analyst

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Senior Catastrophe Analyst

Data Management
Catastrophe Modelling
Exposure Management
Financial Modelling
Bespoke Analytics
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at WTW.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at WTW

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at WTW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding WTW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.