Willis Re APAC – Catastrophe Risk Analyst – (Flood)
City of London (Greater London) IT development
Job description
This role is to join the Willis Re – APAC Catastrophe Analytics team providing catastrophe risk quantification and management services to its (re)insurance clients. Successful candidates would gain an unrivalled access to catastrophe analytics expertise and various risk quantification and management tools. We will also sponsor you to complete your chartered professional qualification with the Chartered Insurance Institute.
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 natural 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 you will work very closely with brokers to analyse the risk to our clients’ business from all aspects of natural perils and catastrophes.
· Apply your flood/hydrological knowledge in a business context to support Willis Re’s clients in the Asia Pacific 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 a flood-related subject required; higher academic qualifications advantageous.
· Knowledge of programming languages such as SQL, R, VBA, or GIS would also be beneficial.
· 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.
· Passion for learning and understanding insurance.
· Ability to process and understand data quickly and creatively.
· Ability to understand model input data and explain outputs.
· Good understanding of probability and statistics.
· Ability to integrate into a time critical business environment and meet challenging time lines.
· Attention to detail and focus on quality.
· Ability to understand business and regulatory context of modelling process.
· Effective Communication skills and ability to work as a part of team.
Software Skills to include:
· MS-Office (Word, Excel and Powerpoint)
· Database Management (Access / SQL Server)
· GIS Software(ArcGIS)
The Company
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Willis Towers Watson is an equal opportunity employer
Willis Towers Watson believes that effectively managing a diverse workforce is vital to our business strategy. We have an obligation to our organization, ourselves and our clients to hire and develop the best people we can find. We will continually review our policies and practices to ensure that all areas of the employment process (including recruiting, hiring, work assignments, compensation, benefits, promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices. We are committed to equal employment opportunities at Willis Towers Watson.
Unsolicited Contact: Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.