Senior Catastrophe Risk Analyst

WTW group; Ipswich; Hybrid; GBP 46,000 - 75,000; Full time

Benefits offered by this job

25 days annual leave

Private healthcare

Life insurance

Group income protection

Pension with matched contributions up

Hybrid working

Volunteer day

Electric vehicle scheme

Job summary

WTW is seeking a data & analytics specialist to support the Global Markets Direct and Facultative teams, delivering market-leading analytics, AI training, catastrophe modelling, exposure management and bespoke analytics to help secure the best results for clients.

You will leverage Python, SQL and GIS tools to analyse portfolios, automate processes and synthesize outputs for brokers, with a focus on real-time catastrophe insights and pricing support.

Qualifications

• Strong academic background in Data & Analytics and AI.
• Experience in broking or underwriting teams is desirable.
• Excellent Python and SQL skills with GIS knowledge.
• Proactive team player with attention to detail.

Responsibilities

• Manage, audit, process and analyse AI portfolio output for model ingestion.
• Run vendor catastrophe models and test their outputs.
• Operate ArcGIS and other geo-visualisation tools.
• Evaluate model updates and communicate results to stakeholders.
• Collaborate with pricing teams throughout the process.
• Provide real-time reporting and analysis of natural catastrophes.

Skills

Data & Analytics

AI

Python

SQL

Problem solving

Team collaboration

Attention to detail

Education

Master's degree in Maths/Statistics/Engineering/Natural Sciences

Bachelor's degree in STEM

Tools

ArcGIS

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, AI training, 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.

On a day-to-day basis, the individual will be involved in leveraging AI to help accelerate the processing of property data, running client portfolios against state-of-the-art catastrophe models, overseeing the automation of previously manual processes, 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), and experience in the application of AI.

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

• Managing, auditing, processing and analysing AI portfolio output, preparing it for model ingestion
• Running of vendor catastrophe models, including sensitivity testing their output
• Operation of geo-visualisation tools including Arc GIS
• Evaluating 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 pricing process
• Real-time reporting and analysis of natural catastrophes

Qualifications

What you'll bring:

• Proven track record of exceeding performance expectations
• Strong academics in the areas of Data & Analytics, and AI.
• Highly proactive, with a passion to deliver industry-leading results
• Experience of working in a broking or underwriting team
• A natural team-player, committed to close collaboration with colleagues
• An understanding of London/global insurance markets and (re)insurance business
• Strong problem-solving skills and keen attention to detail
• Excellent IT skills, including Python and SQL
• Experience with AI and process optimisation
• Experience and working knowledge of GIS software e.g. ArcGIS, an advantage
• 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 [e-mail]