Research Engineer

  • Full-time
  • Verisk Business: Extreme Event Solutions

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

This position is responsible for developing, enhancing and managing the vulnerability component and overall model performance of Verisk Extreme Event Solutions’ water 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.

About the Day to Day Responsibilities of the Role

  • Data acquisition, visualization and analysis to understand building inventory and its vulnerability subjected to flood (coastal and precipitation induced) 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 Verisk Extreme Event Solutions’ 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
  • Provide technical support regarding model development and communicate results to clients
  • Technical writing for internal and external publications

#LI-SM1

Qualifications

About You and How You Can Excel in this Role

  • Ph.D. in Civil Engineering
  • Strong background in construction practices as it relates to flood vulnerability, and on the effects of water damage on structures
  • Excellent proficiency in C/C++, SQL, Python, R, MATLAB
  • 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
  • Insurance industry experience is a plus

Additional Information

Extreme event solutions at Verisk (formerly AIR Worldwide) provides risk modeling solutions that help individuals, businesses, and society become more resilient to extreme events. In 1987, Verisk founded the catastrophe modeling industry and today models the risk from natural catastrophes, supply chain disruptions, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on Verisk’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, longevity modeling, site-specific engineering analyses, and agricultural risk management. Verisk’s extreme event solutions team is headquartered in Boston, with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com. For more information about Verisk, a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services, please visit www.verisk.com.

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.  

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

Effective November 15, 2021, and subject to applicable law, all prospective hires for this position will be required to demonstrate that they are fully vaccinated against COVID-19 by their start date, or qualify for a legally-required medical or religious accommodation to this vaccination requirement, as a condition of employment. Hired candidates who do not demonstrate that they are fully vaccinated against COVID-19 by their start date, and who have not been approved for a legally-required medical or religious accommodation will no longer meet the requirements for employment and their offers of employment will be immediately rescinded, in accordance with applicable law.

Privacy Policy