At a Glance
- Tasks: Analyse catastrophe risks and manage data for global insurance markets.
- Company: WTW values diversity and inclusivity, fostering a welcoming work environment.
- Benefits: Enjoy a supportive culture with opportunities for growth and development.
- Why this job: Join a leading firm to make an impact in risk analysis and client support.
- Qualifications: Degree in engineering, maths or natural sciences; strong IT and communication skills required.
- Other info: Equal opportunity employer committed to inclusivity and diversity.
The predicted salary is between 43200 - 72000 £ per year.
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. The Role 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 and man-made perils such as windstorm, earthquake, severe convective storm, flood and wildfire. On a day-to-day basis, the successful candidate 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. You will be required to take a methodical approach to problem solving and be comfortable with IT. Joining the company with an engineering, maths or natural sciences degree (ideally Masters), they also require the ability to effectively communicate technical detail internally and to external clients who do not necessarily have technical knowledge of the subject. Principle Duties 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, you will: Managing, auditing, processing and analysing portfolio data Preparation of data for modelling Quantify the catastrophe risk using vendor catastrophe models Operation of geo-visualisation tools including Arc GIS Contribute to the Global Markets Direct and 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/ (re)insurers) 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. Qualifications The Requirements Skills & Attributes An understanding of London/global insurance markets and (re)insurance business Excellent working knowledge of at least one vendor model (RMS preferable) Excellent 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 Experience with SQL is essential, R/Python an advantage Experience with process optimisation 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 The Application Process Stage 1: Online application and recruiter review Stage 2: Recruiter Screening Call Stage 3: 1st Round Interviews – Competency format. Stage 4: 2nd Round Interviews – Competency format. Stage 5: Offer and onboarding 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 candidate.helpdesk@willistowerswatson.com . #J-18808-Ljbffr
Senior Catastrophe Risk Analyst employer: WTW
Contact Detail:
WTW Recruiting Team
candidate.helpdesk@willistowerswatson.com
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Catastrophe Risk Analyst
✨Tip Number 1
Familiarise yourself with the latest vendor catastrophe models, especially RMS, as this is a key requirement for the role. Understanding how these models work and their applications in risk analysis will give you an edge during interviews.
✨Tip Number 2
Brush up on your GIS skills, particularly with ArcGIS. Being able to demonstrate your proficiency in geo-visualisation tools can set you apart from other candidates and show your capability to handle the technical aspects of the job.
✨Tip Number 3
Prepare to discuss your experience with SQL and any programming languages like R or Python. Highlighting your ability to process and analyse data creatively will resonate well with the interviewers.
✨Tip Number 4
Showcase your understanding of the London/global insurance markets and the (re)insurance business. Being able to articulate this knowledge will demonstrate your readiness to engage with brokers and clients effectively.
We think you need these skills to ace Senior Catastrophe Risk Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Catastrophe Risk Analyst position. Familiarise yourself with the key skills mentioned in the job description, such as data management, catastrophe modelling, and communication skills.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your knowledge of vendor models, problem-solving abilities, and any experience with GIS software or programming languages like SQL, R, or Python.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background in engineering, maths, or natural sciences makes you a suitable candidate, and express your commitment to fostering an inclusive work environment.
Prepare for Interviews: Anticipate competency-based interview questions related to your analytical skills and teamwork. Be ready to discuss specific examples from your past experiences that demonstrate your ability to manage and analyse data effectively.
How to prepare for a job interview at WTW
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description. Familiarise yourself with the specific duties such as data management, catastrophe modelling, and communication with brokers. This will help you articulate how your skills align with the role.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with vendor models, particularly RMS, and any relevant software like SQL or GIS tools. Highlight specific projects where you've successfully applied these skills, as this will demonstrate your capability to handle the technical aspects of the job.
✨Communicate Clearly and Effectively
Since the role involves communicating complex technical details to non-technical stakeholders, practice explaining your past work in simple terms. This will show your ability to bridge the gap between technical and non-technical audiences, which is crucial for this position.
✨Demonstrate Problem-Solving Abilities
Prepare examples of how you've approached and solved problems in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, focusing on your analytical skills and attention to detail, which are key for a Senior Catastrophe Risk Analyst.