Senior Director - Alternative Risk Transfer (ART) (New York)

Description

The Senior Director is responsible for driving the expansion of the Company’s Alternative Risk Transfer (ART) strategy by implementing the go-to-market and industry-aligned operating model while ensuring compliance with regulatory requirements and adherence to brand standards. The position also executes transactions across the full spectrum of the Company’s ART solutions, with a particular focus on captive de-risking, integrated risk programs, structured solutions, and parametric risk strategies.

Note: visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

• Execute industry leading ART Solutions in North America through a deep understanding of clients’ needs and market capabilities

• Work with client relationship teams and broking colleagues to build awareness of the WTW strategy and capabilities in the ART Solutions space

• Implement sales strategy and approach to systemic lead generation in key regions and industries.

• Enhance, harmonize and distribute sales collateral

• Provide ART thought leadership through the development and publishing of research material, presentations and speaking engagements

• Matrix with analytics professionals throughout WTW

• Lead sales and delivery of complex engagements

• Work internationally and travel as required

Qualifications

The Requirements

• Master’s degree in Risk Management, Finance, Economics, Meteorology, Atmospheric Science, Climate Science, Physics, Engineering, Applied Mathematics, Geography/GIS, Earth Sciences, Geosciences, Agricultural Science, or a related quantitative field preferred but not required.
• 8+ years of experience in Alternative Risk Transfer (ART), risk management, financial product development, insurance, reinsurance, or related disciplines required.
• Prior brokerage, underwriting, insurance, or reinsurance experience preferred but not required.
• Demonstrated track record of successful sales and business development.
• Strong understanding of weather and climate risks, including hurricanes, tropical cyclones, severe convective storms, flooding, precipitation patterns, temperature extremes, and wildfire-related hazards.
• Knowledge of weather, climate, and environmental data sources, including NOAA, USGS, satellite, and third-party providers.
• Experience evaluating data quality and its applicability to insurance, reinsurance, and parametric risk solutions.
• Understanding of catastrophe modeling, climate risk assessment, exposure management, or quantitative risk analytics preferred.
• Experience with parametric insurance, weather risk transfer, or climate risk products preferred.
• Strong analytical, problem-solving, and quantitative skills.
• Excellent interpersonal, communication, presentation, and relationship management skills.
• Ability to explain technical concepts to both technical and non-technical audiences.
• High level of personal integrity and professional judgment.
• Proven ability to work independently and collaboratively in a team environment.
• Willingness and ability to travel up to 20%.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that 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 $165,000–$180,000 USD annually.

This role is also eligible for an annual short-term incentive bonus.

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

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

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.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets