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Willis Towers Watson

Catastrophe Analyst

The Role

As one of the world’s leading risk advisors, we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business. We think of ourselves as enabling resilience in an uncertain world. We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process. We make sure they have the capacity to react to extreme events and respond in a prepared, disciplined and organized fashion. Modelling catastrophe exposure is an exciting and continually expanding area of our business. This opening would suit someone looking for a career within this challenging and ever evolving area. Working as an analyst within the Catastrophe Analytics team in the EMEA West-South region (covering UK, France, Belgium, Southern Europe, Middle East and Africa), you will work very closely with brokers to analyse the risk to our clients’ business from all aspects of natural perils and catastrophes across this region:

• To audit client data and portfolios to assess the completeness & accuracy for catastrophe modelling purposes.

• To convert exposure data provided by clients into the formats required by catastrophe models.

• To quantify the catastrophe risk to Willis Re client portfolios using vendor catastrophe models and Willis proprietary models.

• 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 / actuaries / clients/ reinsurers).

• To 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.

• Gain an understanding of risk management and the role of risk transfer methods, such as reinsurance

The Requirements

At least a bachelor’s degree in an analytical subject; such as engineering, mathematics, economics, science or natural perils. Higher academic qualifications advantageous.

• A genuine interest in natural perils and risk management.

• Good interpersonal skills, able to build strong business relationships.

• Analytical approach with excellent problem solving and report writing skills.

• Ability to process and understand data quickly and creatively.

• Ability to understand model input data and explain outputs.

• Good numerical skills and preferentially an understanding of probability and statistics.

• Attention to detail and focus on quality.

• Willingness to understand insurance business and regulatory context of modelling process.

• Effective Communication skills and ability to work as a part of team.

• Knowledge of programming languages such as SQL, R, VBA.

• Experience of GIS tools and Power BI would be beneficial.

• Ability to work under pressure and demonstrate ability to multi-task and prioritise project work.

• Preparation, presentation and explanation of catastrophe model results and service offering to clients.

• Supporting model research and evaluation projects.

• Developing innovative analytics solutions to quantify catastrophe risk and support business requirements.

• Individual needs to be curious and proactive.

 

Equal Opportunity Employer

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