Head of Parametric Weather Europe

Location: Greater London

## Head of Parametric Weather - UK & Europe Apply:
UK - London ( St Botolph ):
Full time:
Posted Today:

** Position:
** Head of Parametric Weather – UK & Europe
*
* Location:

** City of London
** Tokio Marine HCC
** Tokio Marine HCC – Parametric Weather, a member of Tokio Marine HCC Specialty is a leading provider of specialty insurance products for the weather, sports, promotional and entertainment sectors. The group is part of Tokio Marine Holdings who have been in operation since 1879, employing over 39,000 people in 38 countries worldwide. Our highly entrepreneurial approach to risk, emphasis on outstanding service and commitment to delivering sustainable, flexible and bespoke insurance solutions has made Tokio Marine HCC Specialty the right choice for over 35 years.
** Parametric Weather
** provides Insurance and risk management solutions for corporations, public sector organizations, intermediaries, and energy/agribusiness companies on a global basis.  As a technology and data driven business, we leverage a wide breadth of distribution channels including Brokers, Insurtech, Affinity, and Programs.  We offer a dynamic international work environment is fast paced and team oriented.
*
* The role:

** As a Head of Parametric Weather Insurance – UK & Europe you will be part of a multifaceted team in a rapidly growing field, with an opportunity to contribute to business growth locally and globally. You are an expert in parametric risk transfer products with a focus on non-catastrophic parametric weather insurance structures.  In this role, you will be responsible for leading the go-to-market activities for the team in Europe.  

You will drive commercial development and strategic partnerships in Europe, promoting innovative risk transfer solutions to corporations, public sector organizations, and intermediaries. The role is focused on client acquisition, relationship management, market intelligence, and the development of tailored parametric solutions for emerging risks.
** Missions and Responsibilities:
*** Build and maintain strong relationships with brokers and other distribution channels, with focus on the London and European Insurance markets to develop and enhance deal origination opportunities.
* Lead market growth for parametric insurance products across Europe, targeting industries including agriculture, energy, retail, and public sector clients.
* Understand clients’ needs across various industries, develop targets, identify risks and develop parametric solutions.
* Leverage a deep understanding of all available parametric products and solutions, with focus on weather and forced outage risks, to educate clients on pros and cons of these alternative risk finance options.
* Actively originate, analyse, and assess parametric climate insurance submissions from clients and brokers.
* Manage submissions from clients and brokers and coordinate with internal teams, including Underwriting and Operations, to ensure timely and efficient processing.
* Drive global business expansion by gaining access and opening doors, with a particular focus on insurance companies and brokers.
* While the focus of this role is on Europe, we will count on you to support parametric team members globally with client-focused marketing efforts.
* Collaborate closely with internal team to optimize technology platforms and workflows, assisting with new product development and engage to develop strategic roadmaps.
** Skills and competencies
**** Essential:
*** Expert in parametric risk transfer products with a focus on non-catastrophic parametric weather insurance structures
* Proven experience in driving commercial development and strategic partnerships.
* Bachelor’s degree in math/science, finance, insurance or a related field or the…