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Statistical Researcher/Scientist in Boston, MA at Verisk Analytics

Date Posted: 9/10/2018

Job Snapshot

Job Description


 

As part of the Financial and Uncertainty Modeling Group, you will closely work with a team of statisticians, mathematicians, analysts and geoscientists in AIR’s growing Research and Modeling Department to provide the best possible estimate of insurance losses for a wide variety of catastrophic events.


Responsibilities will vary by project but may include:

  • Fitting probability distributions to insurance claims data from catastrophic events such as hurricanes, severe thunderstorms, and earthquakes
  • Developing algorithms for Monte-Carlo risk aggregation
  • Modeling uncertainty and correlation structure in catastrophe losses using statistical techniques and simulations
  • Testing accuracy of new methodologies by writing code in R or C++.
  • Consulting with the software team during their implementation of  proposed methods
  • Assisting the client services team in explaining methodology and answering client questions

 Knowledge, Skills and Abilities:
  • Strong knowledge of probability, statistics, and applied mathematics
  • Background in spatial statistics or insurance loss distributions highly desired
  • Basic programming knowledge required; familiarity with R or similar statistical language is preferred
  • Strong verbal and written communication skills
  • Familiarity with insurance policy conditions/actuarial science is a plus
  • Ability to work independently or with a team
  • Experience with any of the following would be a plus: working with insurance claim data; actuarial science; copula trees; machine learning; geostatistics; geophysics

 Requirements:
  • Ph.D in quantitative field such as math, statistics, physics or computer science and 2-5 years of experience in corporate research role, insurance industry experience is a plus

About AIR Worldwide

AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on AIR’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.