Associate, Natural Catastrophe and Climate Risk

1 month ago


Thane, India WTW Full time

Role

  • Support the Climate Practice team in Catastrophe Modelling and Cat Risk Engineering assessments using the RMS catastrophe risk model

  • 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.

  • 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 RMS and the review, interpretation and validation of the output in light of underlying modelling assumptions and their limitations.

  • Liaison with colleagues and clients in different time zones and regular updates on progress

  • The role would also include helping to prepare and present output data from the models to support actuarial analyses and bigger projects carried out by other teams

  • 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.

Top Competencies

  • Analytical, engineering, science and/or mathematical-based background

  • Catastrophe models such as RMS, KatRisk

  • Team player

  • Proactive communication skills

Qualifications:

  • Graduate/Postgraduate

Knowledge:

  • Strong knowledge and proficiency in Catastrophe models, Excel, and Insurance policy structure

  • Experience in developing technical solutions based on business requirement

Skills:

  • Strong analytical, engineering, science and/or mathematical-based background with interest in the area of natural hazard and climate risk (including earthquake, wind and flood)

  • Experience in using third party catastrophe models such as 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

  • Knowledge of databases such as SQL or MS Access, VBA, R, any GIS software such as Q-GIS, GRASS or Arc GIS etc. would be an added advantage

  • Solid analytical skills, including the ability to find ways to use available data sources to answer questions and solve problems

  • Able to communicate scientific, statistical, mathematical, and financial concepts to non- technical audiences and having good reporting writing skills

  • Good team player who is able to 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



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