Catastrophe Modelling Risk Analyst Intern - Placement Year

London, United Kingdom

Verisk

The leading strategic data analytics and technology partner to the global insurance industry.

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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

Extreme Event Solutions at Verisk (formerly AIR Worldwide) is looking for a highly passionate, motivated individual to join a one-year internship opportunity in the Consulting and Client Services Group.  As a member of Verisk’s consulting and client services team based in London, you will provide services to our London and international insurance and reinsurance clients within the catastrophe modelling industry. Develop your technical, analytical, and project management skills to work with clients to enhance their usage of the Verisk suite of solutions and help troubleshoot any software-related issues.

Proficiency in oral and written communication is highly desirable, particularly the ability to communicate complex ideas simply and effectively.

About the Day-to-Day Responsibilities of the Role

  • Learn Verisk’s software platforms Touchstone and Touchstone Re and understand Verisk’s catastrophe models and their output. Provide day to day support to clients
  • Support providing  training sessions to clients to help them understand and use Verisk’s software and models
  • Perform sophisticated risk analyses using Verisk's cutting-edge catastrophe modelling technology for insurers, brokers, and other financial intermediaries in the internationally expanding business of catastrophe risk management
  • Add value to modelled results through customisation of output tailored to the needs of clients
  • Communicate directly with clients whilst working on consulting projects
  • Help clients reliably assess and manage their catastrophe loss potential through interpretation of modelling results
  • Perform portfolio management studies for understanding model change

Qualifications

Requirements:

  • Strong analytical and quantitative skills, a solid understanding of probability concepts, excellent problem-solving skills and a commitment to client services.
  • Proficiency in oral and written communication is highly desirable, particularly the ability to communicate complex ideas simply and effectively.
  • Excellent time management and organisational skills are also required.
  • Experience using Microsoft Office is essential and knowledge and understanding of the insurance/ reinsurance markets is preferred.
  • Ability to code in languages such as SQL, R, Python will be highly beneficial. Knowledge of ArcGIS would be desirable.

Education:

  • In your second year of a Bachelor’s degree that includes quantitative courses such as mathematics, actuarial science, business or engineering looking for a 1 year placement from summer 2025 to summer 2026.

Additional Information

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. 

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Category: Analyst Jobs

Tags: Consulting Engineering Machine Learning Mathematics Privacy Python R SQL

Perks/benefits: Equity / stock options Insurance

Region: Europe
Country: United Kingdom

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