Structuring Data Scientist

Join Floodbase as a Structuring Data Scientist in the Dynamic Field of Parametric Flood Insurance

About Floodbase:

Floodbase is a pioneering force in addressing the escalating risks of climate change, specifically in the flooding domain. With significant endorsements from top-tier investors such as Lowercarbon Capital, Collaborative Fund, and Floating Point, and partnerships with esteemed institutions like NASA, The UN, Google, and FEMA, Floodbase has launched groundbreaking solutions that revolutionize how re/insurers and public sector entities design, underwrite, and monitor parametric flood insurance products. Our innovations not only enhance coverage in previously uninsurable regions but also set the benchmark with a decade of industry-leading, peer-reviewed scientific research.

Job Role:

We are excited to expand our team with the role of Insurance Structuring Data Scientist, based in either Brooklyn, NY, or Boston, MA. This strategic position involves developing advanced principles that will further enhance our flood data platforms, positioning it as the top choice in the parametric flood insurance market. Your expertise in scientific and technical domains will be essential in creating structuring solutions that reduce basis risk and broaden coverage capabilities.

Key Responsibilities:

- Devise sophisticated parametric flood insurance structures to aid our (re)insurance partners in accurately pricing their submissions.

- Communicate with and present to insurance carriers regarding policy payout structures.

- Innovate and balance the structural needs of (re)insurers and risk holders while supporting them through the underwriting process.

- Enhance and develop pricing models and repeatable methodologies for new flood insurance programs backed by Floodbase.

- Drive the advancement and adoption of novel methodologies for estimating flood risk using Floodbase data and analytics.

About You:

Our ideal candidate is an experienced professional with a strong background in statistical inference, exploratory data analysis, and visualization, preferably with data on climate hazards using Python or R. You should have a Bachelor's or higher degree in Engineering, Statistics, Mathematics, Earth Science, Data Science, or a related field. Experience in the risk transfer domain, familiarity with NatCat perils, and understanding of (re)insurance risk are valuable additions. Proficiency in modern data platforms and API integration would be advantageous.

Compensation:

Floodbase is committed to offering competitive compensation packages that are commensurate with experience and are regularly adjusted based on industry standards and performance.

If you are passionate about deploying data science to tackle real-world challenges in climate risk and flood management, and seek a role where your contributions will have a direct impact on the insurance industry and communities globally, apply today to join Floodbase.

Apply Now: Be a part of a company on the cutting edge of climate resilience. Your expertise in data science could directly impact how businesses, communities, and insurers mitigate and understand flood risks. Join Floodbase, where your work matters in a big way.