Consultant - job 2 of 2

About Us

Do you want to solve wide ranging analytical and business problems in a fascinating growth market with real societal impact? Then this is the role for you! The Consulting Services team at Moody’s RMS has a proven track record in helping organizations to measure, manage and transfer their catastrophe risk. Our clients range from insurers, reinsurers and brokers to investment portfolio managers, financial institutions, governments, and corporates.

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

• Assessment of business best practices for risk management, transition / implementation and optimization of workflows relating to Moody’s RMS products
• Consulting around risks facing society, including natural and man-made catastrophes, climate change and ESG, systemic risks
• Risk transfer consulting and optimization, including ILS and catastrophe bonds
• Emerging use cases for risk analytics as these become strategic priorities for Moody’s RMS and our clients.

Consulting Services operates at the forefront of defining best practices for the quantification and management of risk. Joining this team offers an opportunity to drive the growth of a unique and fascinating market and help build resilience to the challenges society faces today.

Objective of the role:

A Consultant is the face of our projects and owns the success – ultimately ensuring that the client’s objectives have been achieved through the delivery of the solution / advisory work. While this person is responsible for leading the functional work of the project, the role requires visibility into all areas of the project (technical, quality assurance, and project management). This visibility ensures that the proposed or implemented solution meets the client’s needs (whether it is a model analytic, advisory, or implementation project).

For smaller projects, a Consultant will lead the project and work side-by-side with analysts to run client workshops, help them to create project artifacts and deliverables. For larger / complex projects that may have multiple workstreams, the Consultant will typically work under the direction of a more senior consulting colleague and coordinate the activities of multiple analysts who perform the detailed work. Regardless, this person must be aware of all project details and is accountable for the quality of all functional artifacts and deliverables. Across all project types, a Consultant works directly with clients at various levels.

Key Accountabilities & Deliverables

• Once established in the role, a Consultant is responsible for delivering solutions for business transformation projects with oversight from senior leaders in the Consulting Services team. This person uses knowledge of industry best practices and RMS and Moody’s software, data, models, and services to deliver high quality recommendations and solutions that either address existing client challenges or help clients create more value.

Previous business transformation project examples include:

• Working closely with insurers and reinsurers of all sizes to review their current inefficient end-to-end treaty and direct and facultative property underwriting workflows. Design and deliver new target workflows that provide more advanced analytics and achieve 30%+ efficient gains. Achieved through a combination of workflow re-design and automation, systems integration, and rolling out of applications and bespoke tools.
• Assisting reinsurers, insurers and brokers to seamlessly transition from RiskLink or Touchstone to Moody’s RMS Intelligent Risk Platform, ensuring they realize the value as quickly as possible.
• Helping an EU insurer quantify the business value and what is involved in bringing modelling in-house for the first time e.g. ROI of switching to an internal model rather than standard formula.

In addition to delivering business transformation projects, a Consultant can deliver model analytic projects using RMS models and software to help clients address unique challenges or opportunities. Previous project examples include:

Across all project types, the Consultant has the following responsibilities

• Contribute to building the project sales pipeline and winning deals by working closely with sales and senior consulting colleagues on proposals.
• Assist in scoping and estimating projects to inform resource estimates and commercial proposals to clients. Contribute to the development of project work orders, working closely with sales, technical, and project management colleagues.
• Lead client meetings, including interviews and workshops. Contribute to meetings with executive sponsors and steering committees with oversight from senior consulting colleagues as needed to deliver an engagement.
• Manage project team members to deliver all functional project components.
• Works on multiple projects simultaneously.
• Contributes to the development and execution of standard, repeatable processes and artefacts for implementation and assessment projects that drive process efficiency within Consulting Services.
• Help upskill and coach junior team members in domain and professional development topics.
• Bring the voice of the client back to other teams within RMS and help influence our internal development decisions.
• Partner with RMS marketing team to develop blogs and publish project case studies, present at Moody’s RMS conferences and webinars.

Essential Requirements

• 5+ years of professional experience delivering high-quality projects in the insurance analytics space. This may consist of one or more of the following:

• Work in exposure management, cat modeler or business analyst role within the re/insurance industry
• Work within a relevant analytical or business analyst role for other consulting or professional services organization
• Delivering complex analytic projects
• Possess a BSc, MSc or equivalent degree in one of the following disciplines or related fields:
• Earth/climate sciences (geology, geophysics, seismology, meteorology etc.)
• Mathematics, statistics, physics, engineering, data science
• Risk management / insurance, actuarial science
• Excellent communication skills, including the ability to interact with both business and IT stakeholders at the client from junior to senior levels
• Can communicate and move between the minutiae of functional specifications and overarching business objectives
• A strong project leader who keeps the team on task, engaged, and motivated
• Previous experience with coding (any language e.g. SQL, R, Python, Java) and working with large data sets Coding experience is an advantage
• Fluency in written and spoken English

Desirables

• Previous experience running Moody’s RMS or competitor catastrophe models
• Demonstrates understanding of the value that Moody’s RMS solutions delivers to clients across a variety of use cases
• Experience working across multiple insurance market segments and use cases (e.g., primary underwriting, reinsurance underwriting, portfolio management, etc)
• Deep understanding of exposure and catastrophe management analytics
• Experience implementing insurance software and/or SaaS applications
• Fluency in additional languages

ABOUT RMS:

Risk Management Solutions, Inc. (RMS) models and solutions help insurers, financial markets, corporations, and public agencies evaluate and manage global risk throughout the world. RMS has some 1,300 employees across 13 offices in the US, London, Bermuda, Zurich, India, China, Japan, Singapore, and Australia, with products and models covering six continents.

We lead an industry that we helped to pioneer—catastrophe risk modeling – and continue to innovate. In May 2019, we announced the launch of RMS Risk Intelligence™ (RI), an open, flexible and future-proof platform for strategic risk management. Through this purpose-built platform, clients can tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems to support business decisions across underwriting, risk selection, mitigation and portfolio management.

Insurers, reinsurers, trading companies, and other financial institutions trust RMS solutions to better understand and manage the risks of natural and human-made catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics.

Visit RMS.com to learn more and follow us on LinkedIn and Twitter.

RMS is proud to be an equal opportunity workplace. We are committed to equal employment opportunity without regard to race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin or ancestry, physical or mental disability, genetic characteristics, sexual orientation, or any other classification protected by applicable local, state, or federal law.

For US-based roles only: the anticipated hiring base salary range for this position is $83,000.00 to $124,500.00, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation. Moody’s also offers a competitive benefits package, including not but limited to medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, a discounted employee stock purchase plan, and tuition reimbursement.

Moody’s also provides reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief, in accordance with applicable laws. If you need to inquire about an accommodation, or need assistance with completing the application process, please email accomodations@moodys.com.

To all recruitment agencies: RMS does not accept unsolicited agency resumes and will not be responsible for the payment of placement fees related to unsolicited resumes submitted to open positions, job aliases, or to our employees.