Senior Associate

3 weeks ago

London, United Kingdom Willis Towers Watson Full time

Senior Associate - Natural Catastrophe and Climate Change
- London, GB

July 28, 2023

We have an exciting opportunity for an individual to join the Strategic Risk Consulting team at WTW as a Senior Associate for natural catastrophe and climate risk impact assessments.

Apart from participating in consulting projects this role also requires building up the Natural Catastrophe and Climate Risk Management Business with focus on Western Europe and GB.

Key objectives are therefore to assist the Strategic Risk Consulting team in developing the catastrophe risk and climate risk management business in these geographies as well as leading catastrophe and climate risk engineering type assessments as well as portfolio modelling utilizing the models of RMS (Risk Management Solutions) and other insurance market recognized catastrophe risk models with focus on consulting projects on behalf of the Willis Towers Watson’s corporate client base.

**Key Role Responsibilities**:

- Develop the Natural Catastrophe and Climate Risk Management Business with focus on Western Europe and GB.
- Management of catastrophe and climate risk consulting projects (portfolio modelling and single site risk engineering) also by utilizing the RMS catastrophe risk model as well as help to support the Strategic Risk Consulting team in consulting projects on behalf of Willis Towers Watson’s corporate clients.
- Support on a wide range of consulting projects globally involving the undertaking of climate change risk assessments, catastrophe risk modelling and catastrophe risk engineering assessments of operational and also construction risk projects incl. presentation of findings to internal and external clients.
- The role would also include helping to prepare and present output data from the models to support actuarial analyses and wider Risk & Analytics consulting projects.
- Strong project management and team leadership skills and in depth understanding of catastrophe and climate risk consulting arena as well as good business development / presentation skills
- Strong analytical, engineering-, construction, science
- and/or mathematical-based background with interest in the area of natural hazard and climate risk (including earthquake, wind and flood).
- Where possible, experience in using third party climate or catastrophe models such as RMS, AIR, RQE, KatRisk or at least a good level of understanding of probabilistic and catastrophe modelling concepts.
- Day to day tasks will include catastrophe and climate risk assessments, 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 RMS and the review, interpretation and validation of the output in light of underlying modelling assumptions and their limitations in respect to retail projects.
- Good understanding of the climate change related regulatory landscape such as TCFD and ESG
- Insurance market experience and understanding of policy structures for catastrophe risks would be an advantage as well as solid analytical skills, including the ability to find ways to use available data sources to answer questions and solve problems.
- Knowledge of databases such as SQL or MS Access, VBA, R, any Geographical Information Systems (GIS) software such as Q-GIS, GRASS or Arc GIS etc. would be an advantage.
- Flood modelling experience utilizing software such as TUFLOW, HEC - RAS, MIKE etc. would also be an advantage.
- Able to communicate scientific, statistical, mathematical, and financial concepts to non
- technical audiences.
- Highly motivated team player and able to thrive in a growing consultancy team environment and is able to build up and lead a climate and catastrophe risk focused team.
- Experience in post loss/ damage assessments and forensic engineering would also be an advantage.

**At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

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