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.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.  

This position is responsible for developing, enhancing and managing the vulnerability component and overall model performance of AIR’s flood peril catastrophe models that cover worldwide regions. The candidate will work closely with a team of structural engineers, hydrologists/hydraulic engineers, statisticians, and specialists in financial application of probabilistic risk assessment. The candidate is expected to be a highly motivated, detail oriented, well organized, and an independent worker and collective team player.

MAIN RESPONSIBILITIES:

• Data acquisition, visualization and analysis to understand building inventory and its vulnerability subjected to flood hazards at any interested region worldwide
• Development of vulnerability functions and monetary loss curves for structural and non-structural components subjected to hazards such as storm surge, precipitation induced flooding for the regions of interest
• Implement the research of building vulnerability into AIR’s portfolio risk assessment models, and validate the output
• Investigate property damage in the aftermath of flooding, including statistical analysis of historical damage and insurance claims data
• Prepare and present work at staff and client meetings both internally and externally along with technical writing for internal and external publications and client facing documentation

Knowledge, Skills and Abilities:

• Strong background in construction practices as it relates to flood vulnerability, and in the effects of water damage on structures
• Excellent communication skills to convey findings to internal and external stakeholders
• Experience in probabilistic and stochastic risk assessment and modeling, particularly in the field of engineering
• Knowledge of structural design
• Proficient in C/C++, SQL, R, MATLAB

Requirements:

• 3+ years of work experience in a related field; cat modeling, engineering consulting or design
• Insurance industry experience is a plus
• Masters degree in Civil Engineer; Ph.D. in Civil Engineering desired

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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.

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