Catastrophe Risk Analyst

WTW; Greater London; Hybrid; GBP 70,000 - 120,000; Full time

Benefits offered by this job

25 days annual leave

Hybrid working options

Private healthcare

Life insurance

Group income protection

Pension scheme

Job summary

WTW group is seeking a senior analytics professional to lead the Large & Complex catastrophe modelling team within the Direct & Fac Data & Analytics function. You will manage client portfolios, run state-of-the-art catastrophe models, and translate results for brokers and clients.

You will have a strong maths or science background, hands-on Python/SQL skills, and experience in a broking or underwriting environment. Hybrid working with comprehensive benefits is offered.

Qualifications

• Proven track record of exceeding performance expectations.
• Extensive years of experience in a broking or underwriting team.
• Strong mathematical or scientific background.
• Excellent communication with senior leadership.

Responsibilities

• Manage workflow and timing of delivery for large clients (new and renewal).
• Quantify catastrophe risk using vendor catastrophe models.
• Quantify non-catastrophe risk using proprietary methods.
• Operate geo-visualisation tools including ArcGIS.
• Evaluate updates and revisions to models and outputs.
• Communicate results to modellers, brokers, clients and (re)insurers.
• Collaborate with stakeholders throughout risk quantification.

Skills

Python

SQL

Data analysis

Problem solving

Communication with leadership

Education

Masters in mathematics, statistics, engineering or natural sciences

Bachelor's degree in mathematics or science

Tools

ArcGIS

GIS software

Job description

Description

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 client’s risk from natural and man-made perils, in turn calculating premium indications from such analysis.

On a day-to-day basis, the individual will be responsible for leading the Large & Complex catastrophe modelling team in processing and auditing client data, running client portfolios against state-of-the-art catastrophe models, synthesising the results and demonstrating strong engagement with the broking team.

They will be required to take a methodical approach to problem solving and be proactive in meaningfully contributing to the success of D&F. They will also need excellent management skills as they oversee the prioritization and timing of account analysis, ensuring both timely and best in class deliveries. Joining the company with a maths, statistics, engineering or natural sciences degree (ideally Masters), they also require the ability to effectively communicate with senior leadership and lead the delivery of a team.

The Role:

The individual will be expected to perform as a part of their role:

• Managing the workflow and timeframes of delivery of large clients both new and renewal.
• Quantify the catastrophe risk using vendor catastrophe models
• Quantify the non-catastrophe risk using proprietary modelling methods
• 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. 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
• Extensive years of experience working directly in a broking or underwriting team
• Track record of delivering property facility analytics
• A natural team-leader, committed to close collaboration with colleagues across the department
• Experience in at least one vendor model
• Strong academic qualifications in mathematics or science
• Strong problem-solving skills and keen attention to detail
• Excellent IT skills, along with Python and SQL
• Experience with process optimisation
• Experience and working knowledge of GIS software e.g. ArcGIS, an advantage
• 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.