Engineering Analyst, Catastrophe Risk & Data
Boston, MA, United States
Verisk
The leading strategic data analytics and technology partner to the global insurance industry.This entry Level Engineer position is responsible for exploring, understanding, collecting and analyzing a variety of proprietary datasets from across the Verisk family of companies. Verisk thrives when it comes to data assets that are broadly centered on exposures and claims. A successful candidate will employ their knowledge of civil engineering and statistics to glean into insights from these proprietary data sources towards eventual implementation of the same into Verisk’s natural catastrophe extreme event models globally. The role will also explore how such datasets can be used on a continual basis to evaluate and refine Verisk’s view of risk built into these natural catastrophe models. Verisk’s models cover worldwide regions, including perils such as straight-line wind from tropical cyclones, severe convective storms and winter storms, hail, snow, and freezing temperatures, earthquakes and wildfires. The candidate will work closely with a team of structural engineers, hydrologists/hydraulic engineers, statisticians, data scientists, and specialists in financial application of probabilistic risk assessment.
The evolving nature of research work at Verisk creates unique and challenging problems that spark innovation and growth and creates opportunities for its employees. A successful candidate should have a desire to use problem-solving skills in applying sound engineering principles to solve unique and challenging problems in the fields of civil/structural engineering and risk assessment. It is expected that candidates will be highly motivated, detail-oriented, well-organized, able to perform high-quality self-directed research, have outstanding written and verbal communication skills, and be team-oriented.
About the Day-to-Day Responsibilities of the Role
- As a member of our research team, the day-to-day responsibilities will include the following:
- Exploring, acquiring, understanding and analyzing a variety of proprietary Verisk datasets on both exposures and claims on a constant basis and summarizing insights gleaned
- Understanding and exploring the use of data pertinent to building attributes across all of Verisk’s natural catastrophe models for several regions of interest worldwide
- Analytical analyses of claims and industry insured losses towards validating Verisk’s natural catastrophe models and evaluating the established view of risk
- Implementation of research into Verisk’s portfolio risk analysis models, including programming loss simulation codes and analysis tools, and risk evaluation
- Use of a variety of productivity tools for data acquisition, storage, visualization and analysis
- Preparation and presentation of work at internal and external meetings as well as technical writing for internal and external publications including client-facing documentation
About You and How You Can Excel in This Role
- Masters or Ph.D. in Civil Engineering with a special emphasis in Structural Engineering
- Good knowledge of the insurance industry and application of catastrophe models in the same is a plus
- Proficiency in C/C++, Python along with other productivity software including R, MATLAB, Microsoft Office
- Excellent written and verbal communication skills
- Insurance industry experience is a plus
- Knowledge of GIS applications (e.g. ArcView) and SQL server is a plus
#LI-SM1
#LI-Hybrid
For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.
At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.
For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.
We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.
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
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. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.
https://www.verisk.com/company/careers/
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.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Big Data Data Analytics Data governance Engineering Excel Matlab Privacy Python R Research Spark SQL Statistics
Perks/benefits: Career development Insurance Startup environment Team events
More jobs like this
Explore more career opportunities
Find even more open roles below ordered by popularity of job title or skills/products/technologies used.