Catastrophe Model Developer

1 day left

Willis Towers Watson
30 Aug 2017
27 Sep 2017
Contract Type
The Company

Willis Towers Watson (NASDAQ: WLTW) 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 40,000 employees serving more than 140 countries. 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. Together, we unlock potential. Learn more at

The Business

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

We are currently recruiting for a Catastrophe Model Developer who 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.

Major Accountabilities
  • Developing innovative analytics solutions to quantify catastrophe risk and support business requirements
  • Improving and maintaining the Willis Re proprietary catastrophe modelling platform, including liaising with software developers within the wider Willis team
  • Developing and running Willis proprietary catastrophe models, including calibration, validation and interpretation of modeled loss estimates and effective communication of results to all stakeholders (i.e. catastrophe modellers / brokers/actuaries/clients/reinsurers)
  • Processing and analysing peril datasets (e.g. wind, earthquake, flood catalogues)
  • Research into issues in catastrophe risk modelling and actively liaise with the Willis Research Network fellows
  • Build and maintain a library of outputs for instant use by analysts and brokers
  • Actively participating in knowledge sharing within the team
  • Work closely with all stakeholders on all aspects of modelling process.
Key Skills / Experience Required
  • Excellent knowledge of maths and statistics
  • Proficient in C++, Python, R, R-Shiny
  • Familiarity with running & debugging codes from within an IDE & command line (Windows & UNIX/Linux environments)
  • Experience with full life-cycle of full-stack software development (e.g., design, implementation, deployment, training, debugging, backend, frontend)
  • Code management and quality control
  • Strong problem solving skills and keen attention to detail
  • Ability to communicate technical topics to non-technical people
  • Knowledge of reinsurance and catastrophe modelling highly preferred

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?

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.