Research Engineer I (Civil/Structural)

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to aid businesses, individuals, and societies in becoming stronger, more resilient, and sustainable.

Job Description

Verisk EES is a leading catastrophe modeler providing risk assessment tools to the insurance and reinsurance industries. Our models simulate occurrences of natural calamities across nations and even continents, spanning thousands of years under the current climate conditions. This is crucial for accounting for simultaneous individual damages and estimating the aggregate economic losses and their distributions for arbitrary collections of individual properties (portfolios) which often number in the millions.

This position is responsible for developing, enhancing, and managing the vulnerability component and the overall performance of Verisk Extreme Event Solutions' water peril catastrophe models covering all regions globally. The candidate will work closely with structural engineers, hydrologists/hydraulic engineers, statisticians, and experts in the financial application of probabilistic risk assessment. The candidate is expected to be highly motivated, detailed, well-organized, possess a good set of programming skills, and be an independent worker who is also a collaborative team player. However, your effort will be rewarded with a very fair , excellent benefits, and the satisfaction of knowing that hundreds of people will use the outcome of your work. Your innovative thinking as a researcher and model developer will be greatly appreciated, and your participation in scientific conferences and publications in peer-reviewed journals will be encouraged.

1. Data acquisition, visualization, and analysis to understand building inventory and its vulnerability subject to flood (coastal and precipitation induced) hazards in any region of interest worldwide
2. Development/calibration/validation of vulnerability functions and financial loss curves for structures and non-structural components exposed to hazards such as storm surge, rainfall-induced flooding in the regions of interest
3. Implement building vulnerability research into Verisk Extreme Event Solutions' portfolio risk assessment models and validate the output
4. Examine property damage following flooding, including statistical analysis of historical damage and insurance claim data
5. Provide technical support regarding model development and communicate results to clients
6. Technical writing for internal and external publications

Qualifications

Education Qualification:

A Master’s degree in Civil/Structural Engineering or related fields

Total Experience: 0-2 years

Must-Have skills:

1. A robust background in construction practices as they relate to flood vulnerability, and on the impact of water damage on structures
2. Excellent proficiency in C/C++, SQL, Python, R, MATLAB
3. Experience in probabilistic and stochastic risk assessment and modeling, especially in the field of engineering
4. Knowledge of structural design
5. Excellent communication skills to convey findings to both internal and external stakeholders
6. Experience working with GIS applications, preferably ARCGIS

Additional Information

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

For over fifty years, through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver meaningful and demonstrable impact. From our historical roots in risk assessment, we have expanded to provide analytic insights that transform industries focused on some of the world's most vital areas. Today, the insurance industry relies on Verisk for productivity, resilience, and sustainability.

Verisk collaborates with our clients and works 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.