Consulting and Client Services Co-op Jan start- -2021 CR

  • Intern
  • Verisk Business: Extreme Event Solutions

Company Description

AIR Worldwide (AIR), a Verisk business, provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber attacks, globally. Insurance, reinsurance, financial, corporate, and government clients rely on AIR’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, is headquartered in Boston with additional offices in North America, Europe, and Asia. To learn more about AIR, please visit us at: www.air-worldwide.com. We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

 Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.   

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.   

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do.  

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fourth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce. 

Job Description

As a member of AIR’s Consulting Services team, you will provide risk and loss estimation analyses and consulting services to our clients using AIR’s software technology. Use your analytical, problem solving, and communication skills to comb through vast amounts of information and data, to extract the relevant information needed for performing the loss analysis. You will work closely with a Manager on the Insurance-Linked Securities (ILS) team as well as external-facing clients (investment managers, catastrophe modelers, insurance/reinsurance underwriters, among others).

Main responsibilities (but not limited to):   

·        Perform sophisticated risk analyses using AIR’s cutting-edge technology for ILS clients in the global business of catastrophe risk management and portfolio analytics

·        Work with a high-powered team of professionals to understand and enhance our risk-modeling techniques, and find new ways to add value for our clients

·        Review the transaction documents for catastrophe bonds and take a lead on developing Remodeling Service files for AIR’s insurance-linked security investor clients

·        Assist clients in understanding the exposure and loss information contained within the Remodeling Service files, and use of AIR software 

·        Take a leading role in building AIR's Catastrophe Bond Database providing ILS investor clients with AIR's most up-to-date view of the risk for all publicly traded catastrophe bonds in the market (approximately USD 30 billion)

 

Qualifications

Knowledge, Skills and Abilities: 

·        Ability to pick up new and complex concepts

·        Experience manipulating large data sets using MS SQL Server or MS Excel

·        Proactive problem-solving skills and results-orientation required 

·        Knowledge of statistics

·        Consulting experience a plus

·        Effectively communicate with team members

Requirements: 

·        1 + years of undergraduate coursework in a quantitative field of study such as applied math, statistics, actuarial science, or engineering   


*We are unable to provide sponsorship for this role.

Additional Information

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. 

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