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Verisk

Senior Research Engineer 1

Posted 6 Days Ago
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Hybrid
Boston, MA, USA
Senior level
Hybrid
Boston, MA, USA
Senior level
Develop and enhance catastrophe risk models for atmospheric perils worldwide. Analyze building inventories, claims, insured losses, and proprietary datasets to create vulnerability functions and monetary loss curves. Implement simulation code, validate probabilistic risk assessments, use GIS for visualization, conduct building damage assessments, and communicate findings to clients and stakeholders. The role applies structural engineering, reliability theory, stochastic modeling, data analytics, and programming to assess damage and financial loss from storms and other hazards.
The summary above was generated by AI

Catastrophe Risk Solutions at Verisk (formerly AIR Worldwide) is the scientific leader and most respected provider of risk modeling software and consulting services. It founded the catastrophe modeling industry in 1987 and today models the risk from natural catastrophes, terrorism, and pandemic outbreaks in 90 countries. Our Atmospheric Perils Vulnerability team develops, maintains, and researches the relationship between atmospheric hazards—such as hurricanes, severe convective storms, and winter storms—and the built environment. We are a diverse group of engineers and research scientists with backgrounds in wind, flood, earthquake, statistics, and data science, focused on building cutting-edge vulnerability models and shaping the future of risk management. Team members bring their unique backgrounds and expertise in civil engineering and statistics to model extreme catastrophic events (e.g., hurricanes, tornadoes, storm surge, and flood) and assess building performance during these events, while working with advanced technologies, global clients, and some of the most innovative minds in the industry.

The evolving nature of research at Verisk creates unique, challenging problems that spark innovation and create opportunities for growth. A successful candidate will enjoy applying sound engineering principles and strong problem-solving skills to these problems in civil/structural engineering and risk assessment. We are looking for someone who is highly motivated, detail-oriented, well-organized, and team-oriented, who can conduct high-quality self-directed research and has outstanding written and verbal communication skills.

Responsibilities

The Senior Research Engineer is responsible for developing, enhancing, and supporting the engineering and vulnerability components of Verisk’s atmospheric peril portfolio risk analysis models for regions worldwide. Covered perils include straight-line wind from tropical cyclones, severe convective storms, and winter storms, as well as hail, snow, and freezing temperatures. The role focuses on quantifying how these perils affect the built environment, including physical damage that results in monetary loss to buildings and infrastructure, contents, and loss of use (downtime). You will work closely with structural engineers, meteorologists, hydrologists, hydraulic engineers, statisticians, and specialists in the financial application of probabilistic risk assessment. You should be comfortable working both independently and as part of a team, and presenting and explaining results to internal stakeholders and external clients.

As a member of our Atmospheric Perils Vulnerability Team, your day-to-day responsibilities will include the following:

  • Acquire, synthesize, and analyze building inventory, industry insured loss, and insurance claims data to understand building vulnerability to atmospheric hazards in multiple regions worldwide

  • Learn and work with a variety of proprietary Verisk datasets and integrate them into Verisk’s extreme event models

  • Conduct analysis and research to develop vulnerability functions and monetary loss curves for structural and non-structural building and infrastructure components subjected to hurricane winds, downbursts or straight-line wind, tornado, hail, and snow hazards in regions worldwide

  • Implement research into Verisk’s portfolio risk analysis models, including programming loss simulation code and analysis tools, and validating probabilistic risk assessments

  • Use GIS and similar tools for data visualization and analysis

  • Perform real-time and virtual building damage assessments during and after significant natural catastrophes

  • Prepare and present work at internal staff and external client meetings, and write technical content for internal and external publications and client-facing documentation

Qualifications

Must Haves:

Non-negotiable skills/experience the candidate needs to succeed from day one.

  • Ph.D. or M.S. in Civil Engineering with an emphasis in Structural Engineering or Building Sciences

  • 2+ years of Catastrophe Modeling or damage estimation experience

  • Excellent written and verbal communication skills

  • Experience in performance-based design, probabilistic and stochastic risk assessment and modeling, and reliability theory as applied to structural engineering

  • Experience with C#, Python, or similar programming languages (e.g., C/C++, R, MATLAB), or experience implementing AI-assisted coding and familiarity with coding; proficiency in Microsoft Office

  • Experience in data analytics, including analyzing, interpreting, and visualizing large datasets to support research and modeling

  • Strong organizational and documentation skills

Nice-to-Haves:

Skills that are a plus but can be learned on the job — don't let these gate an otherwise strong candidate.

  • Knowledge of GIS applications (e.g., ArcGIS) and SQL Server

  • Experience in claims analysis, risk assessment, or forensic engineering


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About Us

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, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, 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, 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 and Restoration 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

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

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

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.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

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 or any other characteristics protected by applicable law. 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.

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Verisk Boston, Massachusetts, USA Office

Boston, United States

Verisk Waltham, Massachusetts, USA Office

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