Risk Consulting Associate

Location(s):

• Minster Building, 21 Mincing Lane, 2nd Floor, London, EC3R 7AG, GB

Line Of Business: RMS(RMS)

Job Category:

• ESG Analytics, Data & Research

Experience Level: Experienced Hire

At Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.

Skills and Competencies:

• Enjoy solving analytical and technical problems.
• Experience or training with coding languages, such as Python or R.
• Be motivated by helping others succeed.
• Prioritize impactful outcomes and know when a job is done.
• Communicate effectively verbally, in writing, and in presentations.
• Simplify and apply complex technical or scientific concepts for varied audiences.
• Demonstrate a constant desire to learn new skills and concepts.
• Have an interest in the role of science and technology in understanding and managing risks.
• Fluency in spoken and written English.
• Some form of client-facing previous experience preferred.

Education:

• Minimum 2.1 Bachelor's degree in a quantitative subject (e.g. maths, sciences, computer science, engineering, economics);
• Masters qualification or at least 1 year experience working in catastrophe modelling, financial services or Insurtech (preferred);
• Minimum 'A' grade at A Level in Mathematics or equivalent;
• A second 'A' grade at A Level in a scientific subject (preferred).

About the Insurance Advisory Team:

The Insurance Advisory Team operates at the forefront of defining best practices for the quantification and management of risk. Demand for climate and catastrophe risk analytics and data is growing at pace, including beyond the insurance market into financial services, governments, and corporate use cases.

We work closely with clients to deliver a wide range of analytical, advisory and technology services and solutions, including:

• Risk transfer consulting and optimization, including parametric (re)insurance, catastrophe bonds, and other forms of alternative risk transfer.
• Consulting around new emerging systemic risks facing society, including climate change, cyber risk, novel infectious disease, and pandemic.
• Assessment of business best practices for risk management, implementation, and optimization of workflows relating to Moody's products.
• Emerging use cases for risk analytics as these become strategic priorities for Moody's and our clients.

About the Risk Consulting Associate role:

As a risk consulting associate within the Insurance Advisory Team, you will work with more experienced colleagues on all aspects of projects, from initial exploratory conversations and project definition, all the way through to delivery of projects to clients. You will be part of a 40+ strong team of professionals with over 400 years combined experience in the markets that we serve. At Moody's, we look to give analysts responsibility for discrete elements of projects very early in their career, so that they can take ownership of work and develop their consulting and project management skills.

There is no "typical" project, as our market is evolving fast - but some recent examples include:

• Helping global customers respond to regulatory climate change stress tests.
• Modelling a cyber catastrophe bond to enable an insurer to spread their risk into the capital markets.
• Working with utilities providers to understand the increasing risks from wildfire as a result of climate change, and quantify the result of their risk mitigation efforts.
• Helping a large global (re)insurer to determine the right approach to implement capabilities built on Moody's Cloud-based Intelligent Risk Platform (IRP), including streamlining and optimization of their workflows.

You will be offered extensive training around Moody's Insurance Solutions products and services, the markets we serve, and the opportunities within them. Initially, you will be expected to contribute to the full range of project opportunities, and over time you may specialize in key areas that meet the combined needs of the business and your own skills and capabilities, or remain a generalist.

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity, or any other characteristic protected by law.