Early Careers: CRB Graduate Development Program: RISK & ANALYTICS- RISK INSURANCE OPTIMIZATION- Summer 2025

Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity now or in the future.

This role is Hybrid 

Graduate Program Overview 

The CRB Graduate Development Program (GDP) is a non-rotational two-year-program that provides the opportunity to develop a broad knowledge base, varied skills, and diverse network. This program is designed to set you up with a holistic view of CRB with hands-on experience, insight, and opportunities to make an impact and shape your own career.  

GDP participants will be immersed in a 1-week-in-person orientation followed by a robust onboarding training learning about various functions within CRB. Our program is designed to provide graduates with a well-rounded understanding of the industry while having the opportunity to deep dive within their respective business areas. 

R&A ERC Overview 

Colleagues working in Risk & Analytics’ Enterprise Risk Consulting (ERC) team provide our clients with a smarter way to analyze risk, using quantification, structured approaches, risk analytics tools and subject matter expertise to improve client outcomes. With our expertise and tailored solutions, we improve complex enterprise risk management by identifying, quantifying and mitigating unpredictable, interconnected risks. 

We currently work with some of the world’s largest and complex organizations to assess and manage their strategic risks. We also work with smaller organizations early in their ERM journeys. We work across many industries including Food & Beverage, Professional Services, Transportation / Logistics, Energy, Construction, Manufacturing and others. Work within ERC is predominantly project-based, and you will often be involved in multiple projects simultaneously. Our work is often collaborative, providing exposure to a range of teams within the division. 

Responsibilities: 

• Delivery and project management of a range of Enterprise Risk Consulting client projects including but not limited to: 
• Enterprise Risk Maturity Assessments 
• Evaluate the client’s ERM maturity through benchmarking against ERM framework and characteristics of good practice  
• Identify and determine improvement opportunities designed to support future client goals and objectives  
• Provide recommended actions to exploit improvement opportunities; develop implementation Road Map of next steps 
• Enterprise Risk Assessments 
• Identification and prioritization of enterprise risks including creation of Risk Universes and Risk Registers 
• Contemplation of impact, likelihood, management preparedness, underlying vulnerabilities, triggers and current controls 
• Enterprise Risk Control, Mitigation and Monitoring 
• Identification of mitigation and transfer options 
• Decision support for mitigation strategies contemplating cost, resource requirement, and risk reduction benefit 
• Determination of Key Risk Indicators / Key Performance Indicators 
• Risk Strategy, Appetite & Tolerance 
• Align risk strategy with organizational strategy and objective setting 
• Set meaningful impact scales with explicit connection to financial and strategic priorities 
• Use of Risk Tolerance Clarified, WTW’s proprietary financial analysis tool 
• Risk Governance consultancy 
• Risk reporting structures, policies and committee charters 
• Best practices for effective risk governance and strong risk culture, including education materials and communication plans 
• Strategic Risk Quantification 
• Quantification of risk and ROI of risk controls, using WTW modeling tools and working in partnership with cat/climate modelers, actuaries, statisticians, and finance experts 
• ESG Risk Assessments 
• Climate Transition Risk Assessments 
• Proposition development: 
• Contribute to the development of materials, tools and methodologies to support our transition and enterprise risk proposition for use in client meetings, engagements, events, and broader thought leadership. 

Education and Qualifications: 

• Bachelor’s degree with a minimum of 3.0 GPA 
• Date of Graduation between May 2024 – May 2025 
• Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts 
• Intermediate to advance Excel skills 
• Proficient in Microsoft Office Suite 

Competencies: 

• Excellent written and oral communication skills including ability to summarize and present technical information to nontechnical audiences 
• Strong interpersonal and presentation skills; a key part of the role will be to build relationships with internal and external stakeholders and to facilitate workshops and present 
• Strong organizational and project management skills with the ability to multi-task effectively and work with a solution driven approach 
• Self-starter and intellectual curiosity with ability and drive to innovate 
• Strong qualitative and quantitative analytic skills, finance or economic knowledge beneficial 
• Proficient PowerPoint and MS Word skills, with ability to create clear, concise, and visually appealing client deliverables 
• Basic understanding of the insurance market and risk concepts 

Compensation and Benefits: Base salary range and benefits information for this position are included in accordance with the requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation: The base salary compensation range being offered for this role is $75,000 – 85,000 USD.  This role is also eligible for overtime. 

Company Benefits: WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

WTW Work Flex: At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.  Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/

Recruiting tips: WTW specializes in preparing for the unknown.  Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/ 

EOE, including disability/vets