Climate & Catastrophe Risk AssociateAnalyst – Climate Practice

Thane - India

Monthly Salary: Not Disclosed

Posted on: 22 hours ago

Vacancies: 1 Vacancy

Job Summary

Description

About the Team:

The Climate Practice Team at WTW focuses on helping corporates and investors understand and manage transition risks through industryleading climate research and modelling. Leveraging tools such as the Climate Transition Indices the team delivers highquality consulting solutions across global markets.

Based in Mumbai with opportunities for international project work the team collaborates with clients across diverse sectorsranging from natural resources and battery metals to industrials materials and transport. Team members gain exposure to climate risk analysis financial and economic modelling and strategic climate disclosures supported by both formal and onthejob training. The team operates globally with recent engagements spanning the United States Europe United Kingdom and countries across Asia Africa and Latin America

Job Summary:

The candidate would be joining a team of industry leading experts spanning across the fields of insurance science and engineering with the aim of providing unrivalled analytical and engineering-based risk advisory services. This exciting opportunity comes with various technical challenges which are as diverse as the industries we deal in and involves projects globally. One of the key aspects of this opportunity will be that the candidate will be expected to use and develop in-depth technical expertise in the fields of operational and construction risk and couple this insight also with insurance market recognized cat vendor modelling tools such as Risk Management Solutions (RMS)

Principal Duties and Responsibilities:

Support the Climate Practice team in Catastrophe modelling and Climate risk assessments using the Risk management solution and Willis Tower Watson in-house catastrophe risk modelling tools.
Day-to-day tasks will include
- Data quality assessment of raw data to be fed into catastrophe models
- Reviews of exposures to natural hazards as well as preparation of modelling input files
- Running of market recognized models such as Risk management solution and the review interpretation and validation of the output considering underlying modelling assumptions and their limitations.
Liaise with colleagues and clients in different time zones and regular updates on progress.
The role would also include collaborating to prepare and present output data from the models to support actuarial analyses and bigger projects carried out by other teams within Climate Practice.
Developing and applying innovative approaches for assessing natural hazard and climate risks for our clients for regions where no standardized risk assessment tools or models exist.
Support on a wide range of consulting projects involving the undertaking of catastrophe risk engineering assessments of operational / construction risk projects incl. presentation of findings to internal and external clients.

Top Competencies:

Analytical engineering science and/or mathematical-based background andclimate change risk management/ research background
Catastrophe models
Team player
Proactive communication skills

Responsibilities

Qualifications

Qualifications:

Graduate/Postgraduate/PhD

Knowledge:

Strong knowledge and proficiency in Catastrophe models Excel and Insurance policy structure
Strong knowledge in Climate Change Risk Management
Experience in developing technical solutions based on business requirement

Skills:

Strong analytical engineering science and/or mathematical-based background with interest in natural hazard and climate risk (including earthquake wind and flood)
Experience in using third party catastrophe models such as Risk Management Solutions (RMS) Katrisk or at least a good level of understanding of probabilistic and catastrophe modelling concepts
Insurance market experience and understanding of policy structures for catastrophe risks would be an advantage
Knowledgeof databases such as SQL or Microsoft Access Power BIVBAR any Geographic Information System (GIS) softwarewouldbean addedadvantage
Solid analytical skills including the ability to find ways to use available data sources to answer questions and solve problems
Able to communicate / explain scientific statistical mathematical climate change risk and financial concepts related to Natural Catastrophe models and hazard analysis to non- technical audiences and having good reporting writing skills
Good team player who can proactively communicate and support the teams across the globe.
Willing to work independently and bring ideas to meet client needs where conventional solutions are not available.

The Application Process

Stage 1: Online application and recruiter review
Stage 2: Pre-recorded video interview
Stage 3: Live video or in person interview with hiring manager and team
Stage 4: Offer and onboarding
Were 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.

Required Experience:

DescriptionAbout the Team:The Climate Practice Team at WTW focuses on helping corporates and investors understand and manage transition risks through industryleading climate research and modelling. Leveraging tools such as the Climate Transition Indices the team delivers highquality consulting solut...