Senior Associate - Catastrophe and Climate Risk Modelling

WTW


Date: 12 hours ago
City: Thane, Maharashtra
Contract type: Full time
Description

Principal Duties/Responsibilities:

  • Own the vision, roadmap, and delivery of catastrophe modelling products and tools by translating customer needs and market trends into actionable product features.
  • Define, prioritize, and manage the internal tools roadmap, ensuring alignment with business goals and user requirements.
  • Work cross-functionally with engineering, analytics, design, and commercial teams to deliver high-impact solutions on time and within scope.
  • Define and monitor key performance indicators (KPIs) to track product success and drive iterative improvements.
  • Conduct data quality assessments, prepare modelling input files, and run industry-standard catastrophe models such as RMS and AIR.
  • Interpret and validate model outputs, ensuring accuracy in the context of assumptions and model limitations.
  • Apply innovative approaches to assess natural hazard risks, particularly in regions lacking standardized risk models.
  • Engage with clients to understand their use cases and challenges, offering effective solutions using internal tools.
  • Utilize geospatial tools like QGIS to analyse, edit, and visualize spatial data in support of modelling and product insights.
  • Maintain strong working knowledge of vendor models (RMS, AIR) as well as in-house catastrophe modelling frameworks

Skills And Experience

  • At least 10 years of experience in catastrophe risk modelling, with deep expertise in using third-party models such as RMS and AIR, and a strong understanding of probabilistic and catastrophe modelling concepts.
  • Proven experience in product management, including end-to-end ownership of multiple tools and platforms — from shaping product vision and strategy to delivering features in a dynamic, fast-paced environment.
  • Demonstrated ability to align product development with user needs and business objectives, using both qualitative feedback and data-driven insights.
  • Strong written and verbal communication skills, with the ability to simplify complex technical concepts for both technical and non-technical stakeholders.
  • Advanced analytical and problem-solving skills, with the ability to leverage various data sources to generate insights and solve real-world problems.
  • Collaborative team player with a proactive mindset and the ability to build strong working relationships across global teams.
  • Self-motivated and innovative, with the ability to work independently and develop creative solutions where conventional approaches do not exist.

Qualifications

Required Qualification and Knowledge:

Qualification

  • Graduate/Post-Graduate degree in a quantitative field such as Mathematics, Statistics, Engineering or equivalent.

Knowledge

  • Product / service management experience.
  • Strong knowledge and proficiency in using catastrophe models like RMS and AIR.
  • Good understanding of insurance policy structure and its application in catastrophe models.
  • Knowledge of underlying exposure and results data structure in catastrophe models and use of SQL server management studio for database and data management
  • Good understanding on natural catastrophe perils such as earthquake, windstorm, severe thunderstorm etc.
  • Understanding of climate risk and emerging natural hazard modelling techniques is a plus
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