Senior Director Alternative Risk Transfer (ART)
New York City, NY - USA
Job Summary
The Senior Director is responsible for driving the expansion of the Companys Alternative Risk Transfer (ART) strategy by implementing the go-to-market and industry-aligned operating model while ensuring compliance with regulatory requirements and adherence to brand standards. The position also executes transactions across the full spectrum of the Companys ART solutions with a particular focus on captive de-risking integrated risk programs structured solutions and parametric risk strategies.
Note: visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
Execute industry leading ART Solutions in North America through a deep understanding of clients needs and market capabilities
Work with client relationship teams and broking colleagues to build awareness of the WTW strategy and capabilities in the ART Solutions space
Implement sales strategy and approach to systemic lead generation in key regions andindustries.
Enhance harmonize and distribute sales collateral
Provide ART thought leadership through the development and publishing of research material presentations and speaking engagements
Matrix with analytics professionals throughout WTW
Lead sales and delivery of complex engagements
Work internationally and travel as required
Qualifications
The Requirements
- Masters degree in Risk Management Finance Economics Meteorology Atmospheric Science Climate Science Physics Engineering Applied Mathematics Geography/GIS Earth Sciences Geosciences Agricultural Science or a related quantitative field preferred but not required.
- 8 years of experience in Alternative Risk Transfer (ART) risk management financial product development insurance reinsurance or related disciplines required.
- Prior brokerage underwriting insurance or reinsurance experience preferred but not required.
- Demonstrated track record of successful sales and business development.
- Strong understanding of weather and climate risks including hurricanes tropical cyclones severe convective storms flooding precipitation patterns temperature extremes and wildfire-related hazards.
- Knowledge of weather climate and environmental data sources including NOAA USGS satellite and third-party providers.
- Experience evaluating data quality and its applicability to insurance reinsurance and parametric risk solutions.
- Understanding of catastrophe modeling climate risk assessment exposure management or quantitative risk analytics preferred.
- Experience with parametric insurance weather risk transfer or climate risk products preferred.
- Strong analytical problem-solving and quantitative skills.
- Excellent interpersonal communication presentation and relationship management skills.
- Ability to explain technical concepts to both technical and non-technical audiences.
- High level of personal integrity and professional judgment.
- Proven ability to work independently and collaboratively in a team environment.
- Willingness and ability to travel up to 20%.
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors including but not limited to location of the role individual competencies education/professional certifications qualifications/experience performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $165000$180000 USDannually.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage) Dental Vision Health Savings Account Commuter Account Health Care and Dependent Care Flexible Spending Accounts Group Accident Group Critical Illness Life Insurance AD&D Group Legal Identify Theft Protection Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays Annual Paid Time Off (includes state/local paid leave where required) Short-Term Disability Long-Term Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave) Paid Time Off (only included for Washington roles)
- Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans eligibility requirements.
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers we will consider for employment qualified applicants with arrest and conviction records.
At WTW we trust you to know your work and the people tools and environment you need to be successful. The majority of our colleagues work in a hybrid style with a mix of remote in-person and in-office interactions dependent on the needs of the team role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
EOE including disability/vets
Required Experience:
Exec