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Catastrophe Risk Analyst

WTW
Full-time
On-site
Ipswich, United Kingdom
Description

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 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 large portfolios of data, running 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 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 & 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


Qualifications

The Requirements

Qualifications
Master’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

  • 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, an advantage
  • Experience and working knowledge of GIS software e.g. ArcGIS, an advantage.

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.