Research Associate

Posted 23 Days Ago
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London, Greater London, England
Entry level
Analytics
The Role
As a Research Associate at Verisk, you will enhance and interpret catastrophe models, work with clients and research organizations, contribute to model development, and present findings. Your role involves using analytical skills to foster relationships and support clients with model evaluations and regulatory requirements, while engaging in innovative research projects.
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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 is looking for a highly passionate, motivated individual to join the Extreme Event Solutions Research team in London as a Research Associate. As a member of the Research team, you will promote research efforts of our international team through the interpretation and continuing improvements of our models and products. Verisk’s catastrophe models include earthquake and hydro-meteorological models (e.g. tropical cyclone, hail, flood) which account for climate change that has already happened and in cases, estimations of future climate change impact.

You will use your scientific, technical and analytical skills to work with clients, research organisations and universities to enhance their awareness, understanding and information exchange with Verisk. You will foster relationships with the Research teams in Boston and work closely with Consulting and Client Services and Business Development departments in London.

Responsibilities

  • Thorough understanding, interpretation and explanation of Verisk’s models to clients, prospects and academia.
  • Helping clients reliably assess and manage their catastrophe loss potential through interpretation of modelling results and after model updates.
  • Contribute to the development and internal evaluation of Verisk models and support clients in model evaluations and regulatory requirements for a major model change. 
  • Creating and giving presentations to clients and research organisations, for example on existing models and model change, as well as writing technical documentation.
  • Working on innovative projects requiring own research. This may be for internal R&D purposes or for external consultancy projects within the insurance sector.
  • The development of tools and models to solve problems on bespoke basis directly for clients and as part of Verisk’s wider model development.
  • Representing Verisk at industry and academic conferences, presenting Verisk models and original research in oral and poster sessions
  • Following latest industry trends, research in your area of expertise and the potential for participation in post-disaster field surveys.
  • Collecting, interpreting and analysing scientific and engineering information.

Qualifications

QUALIFICATIONS

  • Very strong analytical and quantitative skills, a solid understanding of probability concepts, excellent problem-solving skills and a commitment to a client facing role.
  • Excellent communication, interpersonal, time management and organisational skills are required.
  • Proficiency in oral and written communication is highly desirable, particularly the ability to communicate complex ideas simply and effectively.
  • The ability to motivate and inspire research-based discussions amongst colleagues is desirable.
  • Experience using Microsoft Office is essential.
  • Ability to code in languages such as SQL, R, Python will be beneficial. Knowledge of ArcGIS would be desirable.
  • Prior experience in the visualisation and communication of risk e.g. via animations, video, infographics or other means would be desirable but not essential.
  • Knowledge of Touchstone and Touchstone Re is desirable but not essential.
  • Knowledge of insurance and reinsurance and the Lloyd’s market is desirable but not essential.
  • An interest in working with big data and machine learning algorithms is welcomed.

Education Requirements

You will have a PhD or MSc in applied natural science or engineering, which might include one of the following preferred disciplines: Meteorology, Atmospheric Physics, Climate Science, Earth Sciences, Geophysics, Applied Mathematics, Structural Engineering (relating to natural hazards). For those educated to a MSc level, additional years of research experience may be required.

Additional Information

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, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, 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 and Best Employer for Women, 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 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. 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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Top Skills

Python
R
SQL
The Company
2,129 Employees
On-site Workplace
Year Founded: 1971

What We Do

Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Our team of nearly 9,000 helps customers make crucial decisions every day about risk—with greater precision, efficiency, and discipline.

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