Model Validation Analyst II

  • Full-time
  • Verisk Business: Extreme Event Solutions

Company Description

At Verisk EES (Extreme Event Solutions), we do some cool advanced analytic stuff!  We build stochastic models to simulate Catastrophic Events that will inform the insurance industry.  Events include Hurricanes, Earthquakes, and Flooding, just to name a few.  We then run Monte Carlo simulations to provide hundreds of thousands of years of simulated events. These help the insurance industry make objective and data driven decisions based on their risk tolerances.  As a company, we have a strong sense of purpose and know we are helping resilient communities worldwide.

Job Description

We hire smart people - if you understand the entire company description then we are interested in speaking with you.

This role is focused on Extreme Event Risk Models, doing Quality Assurance on the models mentioned in the description and developed at Verisk.

  • You will partner with scientists and structural engineers, and identify areas for model validation, with an emphasis on developing creative approaches to expand test coverage.
  • Additionally, you will create detailed test plans and strategies to ensure the model has full QA coverage.
  • You will ensure the products meet exacting requirements for accuracy and explicit and/or implicit validation of scientific, engineering, and financial algorithms.
  • You will, under minimal supervision, be constantly manipulating and transforming data, performing advanced statistical analysis to validate complex model components, and summarizing findings to be presented at all levels of Verisk.
  • You will author technical documents in Python’s Jupyter Notebook or in R Markdown detailing your validation work.
  • You will participate in cross-functional Agile Scrum teams while delivering concurrent day-to-day tasks and use automated testing practices throughout the software development life cycle.
  • Successful candidates will use their strong quantitative data analytics mindset to deliver strategic projects using robust methodologies.
  • Position requires a strong commitment to quality assurance that leverages the best practices already in place and help to enhance them.

Qualifications

  • Candidates must have an undergraduate/graduate degree in STEM-related areas (data science, engineering, science, mathematics, finance, economics) as well as a graduate degree or equivalent work experience.
  • Candidates must have experience in analytical programming, fluency in languages like Python or R, DB experience such as SQL, and knowledge of GIS tools, and libraries like Pandas, Tidyverse, and Data frames.
  • Candidates must have experience working with large data sets performing analysis and manipulation.
  • Experience with designing and/or validating numerical probabilistic models in engineering, science, catastrophe modeling, finance, actuarial science, etc.
  • Candidates must have excellent attention to detail and experience with deriving actionable insights from data.
  • Candidate must have excellent communication skills to interface with cross-functional teams.
  • Prior experience with the AWS ecosystem and technology stack is preferable.

#LI-ZP1

Additional Information

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We’re also one of the 38 companies on the UK’s Best Workplaces™ list and one of 18 companies on Spain’s Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we’ve grown to provide analytic insights that help transform industries focused on some of the world’s most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

Verisk works in collaboration with our customers and at the intersection of people, data, and advanced technologies. Through proprietary platformed analytics, advanced modeling, and interpretation, we deliver immediate and sustained value to our customers and through them, to the individuals and societies they serve, with greater speed, precision, and scale.

We’re 9,000 people strong, committed to translating big data into big ideas. We help others see new possibilities and empower certainty into big decisions that impact individuals and societies. And we relentlessly and ethically pursue innovation to help move our customers, and the world, toward better tomorrows.

Everyone at Verisk—from our chief executive officer to our newest employee—is guided by The Verisk Way, to Be Remarkable, Add Value, and Innovate.
• Be Remarkable by doing something better each day in service to our customers and each other
• Add Value by delivering immediate and sustained results that drive positive outcomes
• Innovate by redefining what’s possible, embracing challenges, and pushing boundaries

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

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 7th 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.

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