Climate & Catastrophe Risk Associate/Analyst – Climate Practice
Thane, Maharashtra, India
Climate & Catastrophe Risk Associate/Analyst – Climate Practice
- 202601456
- Thane, Maharashtra, India
Description
About the Team:
The Climate Practice Team at WTW focuses on helping corporates and investors understand and manage transition risks through industry‑leading climate research and modelling. Leveraging tools such as the Climate Transition Indices, the team delivers high‑quality consulting solutions across global markets.
Based in Mumbai with opportunities for international project work, the team collaborates with clients across diverse sectors—ranging from natural resources and battery metals to industrials, materials, and transport. Team members gain exposure to climate risk analysis, financial and economic modelling, and strategic climate disclosures, supported by both formal and on‑the‑job training. The team operates globally, with recent engagements spanning the United States, Europe, United Kingdom, and countries across Asia, Africa, and Latin America
Job Summary:
The candidate would be joining a team of industry leading experts spanning across the fields of insurance, science, and engineering with the aim of providing unrivalled analytical and engineering-based risk advisory services. This exciting opportunity comes with various technical challenges which are as diverse as the industries we deal in and involves projects globally. One of the key aspects of this opportunity will be that the candidate will be expected to use and develop in-depth technical expertise in the fields of operational and construction risk and couple this insight also with insurance market recognized cat vendor modelling tools such as Risk Management Solutions (RMS)
Principal Duties and Responsibilities:
Support the Climate Practice team in Catastrophe modelling and Climate risk assessments using the Risk management solution and Willis Tower Watson in-house catastrophe risk modelling tools.
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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 Risk management solution and the review, interpretation, and validation of the output considering underlying modelling assumptions and their limitations.
Liaise with colleagues and clients in different time zones and regular updates on progress.
The role would also include collaborating to prepare and present output data from the models to support actuarial analyses and bigger projects carried out by other teams within Climate Practice.
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.
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.
Top Competencies:
- Analytical, engineering, science and/or mathematical-based background and climate change risk management/ research background
- Catastrophe models
- Team player
- Proactive communication skills
Qualifications
Qualifications:
Graduate/Postgraduate/PhD
Knowledge:
Strong knowledge and proficiency in Catastrophe models, Excel, and Insurance policy structure
Strong knowledge in Climate Change Risk Management
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Experience in developing technical solutions based on business requirement
Skills:
Strong analytical, engineering, science and/or mathematical-based background with interest in natural hazard and climate risk (including earthquake, wind, and flood)
Experience in using third party catastrophe models such as Risk Management Solutions (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 Microsoft Access, Power BI, VBA, R, any Geographic Information System (GIS) software 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 / explain scientific, statistical, mathematical, climate change risk and financial concepts related to Natural Catastrophe models and hazard analysis to non- technical audiences and having good reporting writing skills
Good team player who can 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.
The Application Process
Stage 1: Online application and recruiter review
Stage 2: Pre-recorded video interview
Stage 3: Live video or in person interview with hiring manager and team
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Stage 4: Offer and onboarding
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.
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