Senior Catastrophe Model Developer
Willis Towers Watson
London, England
22h ago

Our Model Development and Platforms (MDP) specialists focus on Willis Re’s catastrophe model building and the deployment of these models on internal and external catastrophe modelling platforms.

The team is comprised of individuals with peril, economics, spatial analytics and statistical backgrounds. 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.

MDP 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.

Our key focus is on building models where no reliable risk quantification tools exist and deploying those models on platforms to serve our clients in the best possible way.

The Role The Senior Catastrophe Model Developer will work within the Model Development and Platforms team in Willis Re International to support clients and brokers across our international business in order to identify and quantify catastrophe risk. Key Responsibilities :

  • Catastrophe model development for peril risk quantification
  • Working with account teams to deliver bespoke risk solutions to clients
  • Presenting technical solutions to internal and external clients in a digestible manner
  • Contributing to the development and maintenance of our proprietary modelling platform
  • Migrating our proprietary models to external platforms
  • Project management of development work
  • Undertaking management tasks with a view to building further management responsibility
  • Building capability by sharing knowledge and experience with more junior team members
  • Collaborating with academic and industry partners
  • Liaising with offices and teams world-wide, which could involve local and overseas travel
  • The Requirements

  • Significant experience within an analytical environment in a commercial role with a focus on catastrophe model development
  • Ability to balance technical model development with fit-for-purpose rationale to suit business requirements
  • Proven track record of catastrophe model calibration and validation as well as interpretation of loss estimates
  • Strong project management, delivery and execution skills
  • Effective communication techniques applied in internal and external stakeholder meetings
  • Demonstrated ability to work under pressure, multi-task and prioritise project work
  • Knowledge of insurance and reinsurance terms and business
  • Experience in working across different time zones and with teams in overseas locations
  • The ability to work in a team and autonomously, and general willingness to learn and grow within a global market leader
  • Advantageous Skills :

    Understanding of the business context of modelling processes

    Understanding of the physics of natural catastrophes (including flood, wind, earthquake etc.)

    Experience in vendor catastrophe model evaluation and adjustment

    Experience with migrating catastrophe models to different modelling platforms

    Ability to read and understand code (eg. R, Python, C++)

    GIS software experience (eg. ArcGIS, QGIS)

    Relational database management systems experience (SQL)

    Equal opportunity employer

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