Scientist - Risk Modeling

  • Full-time
  • 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 fifth 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.  

Job Description

Become a member of AIR’s market-leading team creating state-of-the-science products and delivering best-in-class consulting services to a variety of clients engaged in agricultural insurance risk assessment.  Use your expertise (data exploration and analytics, algorithm development, and robust and reliable computer programming) and our tools and software to help develop, improve, manage, and apply risk modeling and portfolio optimization solutions to a variety of client applications.  Work in close collaboration with an experienced team of scientists, engineers, analysts, and statisticians to incorporate the latest modeling technologies into leading-edge risk assessment and portfolio management systems.

Main responsibilities, but not limited to:

  • Develop and test algorithms, computer programs, and analysis tools relating large databases of insurance policy histories (claims) and characteristics to portfolio performance and risk metrics
  • Write technical documentation for internal use and distribution to clients
  • Work as a member of a multi-faceted research and modeling team
  • Create and deliver technical presentations of analysis methods and results to coworkers, AIR senior management, and clients

Qualifications

Knowledge, Skills and Abilities:

  • Excellent computer programming skills, including knowledge of programming with statistical packages (R preferred)
  • Demonstrated ability to learn new concepts and skills and to meet project objectives and deadlines
  • Ability to gather, diagnose, and critically analyze data from available sources of information pertaining to insurance risk and portfolio optimization
  • Familiarity with manipulating large data sets using SQL
  • Solid foundation in the application of statistical theory to practical problems
  • Excellent verbal and written communication skills
  • Familiarity with machine learning a plus
  • Practical experience with a compiled programming language (e.g., C++, C#, Fortran) a plus
  • Background in data analytics relevant to the insurance industry and/or familiarity with insurance and/or reinsurance programs a plus

Requirements:

  • M.S. in Data Science, Statistics, Econometrics, Applied Mathematics or a closely related field with 2+ years of work experience in data analytics or mathematical modeling; or B.S./B.A. in the same fields with 4+ years of relevant work experience

#LI-SH1 

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. 

Consumer Privacy Notice

Privacy Policy