Natural Catastrophe and Climate Risk Consultant Job at London, UK Full Time NEW

Description

Summary:

A client-facing consulting role delivering catastrophe and climate risk assessments using advanced modelling and engineering expertise to help global corporates understand, quantify, and manage physical climate and natural hazard risks.
 

The Team

The successful candidate will join a team of industry-leading experts spanning across insurance, science and engineering, delivering unrivalled analytical risk and risk engineering services. This exciting opportunity comes with various technical challenges across diverse industries and involves projects globally.

The Role:

This is a full-time role for an individual with strong analytical, numerical/statistical, scientific or civil engineering background to join the Climate Practice | Physical Risk team at WTW as an associate or lead associate for catastrophe and climate risk impact assessments. The position requires both delivering consulting projects and supporting with the Natural Catastrophe and Climate Risk Management Business development.

Key objectives are therefore to assist the Climate Practice | Physical Risk team in developing the catastrophe and climate risk management business in these geographies as well as providing catastrophe and climate risk engineering type assessments or utilizing the insurance market recognized catastrophe risk models with focus on consulting projects on behalf of the WTW’s corporate client base.

• Support on a wide range of consulting projects involving the undertaking of catastrophe risk engineering assessments of operational / construction risk projects including presentation of findings to internal and external clients

• Initially support and work towards leading catastrophe risk engineering assessments and catastrophe modelling analysis, also by utilizing the catastrophe risk model as well as help to support the Physical Risk team in consulting projects on behalf of WTW’s corporate clients

• Developing and applying innovative approaches for identifying and assessing natural hazard and climate risks for regions where no standardized risk assessment tools, vulnerability functions or catastrophe models exist

• 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

• Day to day tasks can also include cat risk engineering type 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 and the review, interpretation and validation of the output in light of underlying modelling assumptions and their limitations in respect to retail projects

Qualifications

What you’ll bring:

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

• Good understanding of the catastrophe and climate risk consulting arena as well as good business development / presentation skills

• Able to communicate scientific, statistical, mathematical, and financial concepts to non- technical audiences

• Highly motivated and collaborative professional, thriving in dynamic consultancy environments, adept at working on multiple projects with short turnaround times.

• Where possible, experience in using third party catastrophe models such as RMS, Verisk, RQE, JBA, Fathom, 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 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 (SQL, MS Access), programming languages (VBA, R, Python), and GIS software (QGIS, GRASS, Arc GIS) is an advantage

• Flood modelling experience utilizing software such as TUFLOW, HEC – RAS, MIKE etc. would be an advantage.

Skills Summary

1. Technical Expertise: 
   • Catastrophe and climate risk assessment
   • Probabilistic and catastrophe modelling
   • Risk engineering
   • Data analysis and interpretation
2. Software Proficiency: 
   • Catastrophe models (e.g., RMS, Verisk, RQE)
   • Database management (e.g., SQL, MS Access)
   • Programming (e.g., VBA, R, Python)
   • GIS software (e.g., QGIS, GRASS, ArcGIS)
3. Business Skills: 
   • Leadership and team management
   • Business development
   • Project management
   • Client relationship management
4. Communication: 
   • Presentation skills
   • Technical writing
   • Ability to explain complex concepts to non-technical audiences
5. Industry Knowledge: 
   • Natural hazards and climate risks
   • Insurance market and policy structures
   • Corporate risk management
6. Personal Attributes: 
   • Analytical thinking
   • Problem-solving
   • Motivation and initiative
   • Teamwork and collaboration

What We Offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You’ll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com