Location
Secunderabad | India
Job description
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 Verisk EES is a leading catastrophe modeler providing risk assessment tools to the insurance and reinsurance companies. Our models simulate occurrences of natural perils over countries and even continents and for thousands of years under the current climate conditions. This is necessary to account for the simultaneous individual damages and the estimate of the aggregate economic losses and their distributions for arbitrary collections of individual properties (portfolios) the number of which usually counts to millions.
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, have a good set of programming skills, and an independent worker and collective team player. However, your effort will be paid off by a very reasonable salary and excellent benefits and by the fact that hundreds of people will use the result of your work. Your innovative thinking as researcher and model developer will be very highly appreciated and participation in scientific conferences and publications in peer reviewed journals encouraged.
- 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/calibration/validation 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
Qualifications Education Qualification: Master's in Civil/Structural Engineering or related fields
Total Experience: 0-2 years
Must-Have Skills - 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
- Experience in probabilistic and stochastic risk assessment and modeling, particularly in the field of engineering
- Knowledge of structural design
- Excellent communication skills to convey findings to internal and external stakeholders
- Experience in working with GIS applications preferably ARCGIS
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
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.
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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