Senior Catastrophe Model Developer

6 days left

Recruiter
Willis Towers Watson
Location
London
Salary
Competitive
Posted
30 Aug 2017
Expires
27 Sep 2017
Contract Type
Permanent
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 39,000 employees in more than 120 territories. 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. Unlock your potential at Willis Towers Watson.

Investment, Risk and Reinsurance

Our sophisticated approach to risk helps clients free up capital. We work in close contact with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

The Team

Our Analytics and Model Development (AMD) specialists concentrate on Willis Re's catastrophe model building and the development of analytical tools. The team is comprised of individuals with expertise in hydrology, atmospheric science, seismology, spatial analytics, economics and software development. We are a growing, multi-national team in Willis Re, comprised of enthusiastic, dynamic and team oriented individuals who work closely with the Willis Research Network fellows to translate the latest science and technology into client solutions. AMD constantly advances in-house modelling solutions, combining insurance industry experience with expert knowledge, to quantify the financial impact of natural and man-made catastrophes on our clients' portfolios across the world. The key focus is on building models where no reliable risk quantification tools exist using our technical expertise coupled with innovative product design.

The Role

The Senior Catastrophe Model Developer will work within the Analytics and Model Development team of Willis Re to support clients and brokers across our international business in order to identify and quantify catastrophe risk.

Knowledge, skills & experience required
  • Significant experience within an analytical environment in a commercial role with a focus on model development, calibration and validation as well as interpretation of loss estimates
  • Proven track record in liaising with brokers and therefore experience with insurance and reinsurance terms and business
  • Strong project management, delivery and execution skills
  • Experienced in effective communication techniques applied in internal and external client meetings
  • Deep understanding of vendor catastrophe models
  • Ability to work under pressure and demonstrated ability to multi-task and prioritise project work
  • The ability to work in a team and autonomously and general willingness to learn and grow within a global market leader
Advantageous skillsets
  • Experience in model evaluation and adjustment
  • An understanding of (re)insurance financial terms
  • Ability to understand business and regulatory context of modelling processes
  • Understanding of the physics of natural catastrophes (in order of preference wind/hail, flood, earthquake,)
  • Ability to read and understand code (R, Python, C++)
  • GIS Software experience (ArcGIS, QGIS)
  • Relational database management systems (SQL)

Principal Accountabilities
  • Conduct Risk: To put the interests of clients and the integrity of the market at the heart of the way you do business

What can we offer you?

You will be working within the most dynamic analytics team in Reinsurance: our teams are integrated with the business and between themselves giving you the ability to learn from our international experience across territories and across perils.

In return you will be rewarded with a competitive salary and a comprehensive benefits package including; a fantastic pension scheme, life insurance, medical insurance, eye care vouchers and flexible benefits including critical illness cover, dental cover, additional life assurance, childcare vouchers, retail vouchers and many other options and Corporate deals.

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, colour, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

We are committed to equal employment opportunities at Willis Towers Watson.