Head of Cat Modeling Strategy Job at Extreme Event Solutions, Boston, MA

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  • Extreme Event Solutions
  • Boston, MA

Job Description

Job Description

Job Description

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 a rapidly growing company that provides data, analytics, and technology to the global insurance industry. Within Verisk, the Extreme Events Solutions business provides solutions to our clients to manage the risk from a wide range of events. These events range from natural disasters to political risk. This is a client-facing role tasked with leading our team of Model PMs and bringing a new approach to our vision on how we gather market requirements and scope global models based on client requirements, how we communicate with markets about models and loss changes, interact and educate industry bodies (e.g., clients, regulators, rating agencies, etc.), driving our strategy for advanced model communications and more. Reporting directly to the Senior Vice President of Product Management for Extreme Event Solutions, you will lead the team to align with the vision and drive execution of model related initiatives.

Job Description :

  • In this role you will play a pivotal role in building and scaling the Model Product Management team and help deliver on the vision above.
  • Own the creation and maintenance of model roadmap while working closely with stakeholders to ensure we are building models in line with our client needs and latest science.
  • Drive efficiency of processes including scope finalization, stakeholder updates and approvals.
  • Represent Verisk EES in client conversations on model roadmaps, key model positioning etc. Lead or help the team lead conversations across Verisk on leading the risk and solutions positioning for specific perils.
  • Provide thought leadership on opportunities and challenges in the industry on Extreme event risk.
  • Other responsibilities may include helping define our Climate product strategy
  • Meeting goals and success metrics for the product management function; overseeing analysis and evaluation of all model programs.
  • Hire, develop and coach a highly motivated and driven team of Model product managers and product owners in alignment with the overall vision.
Qualifications

  • Deep understanding of catastrophe modeling and insurance industry implications across the value chain
  • Experience of 15+ years in insurance industry in key cat modeling roles or with modeling vendors in similar role.
  • Exceptional communication, presentation, and interpersonal skills, with the ability to influence and build relationships across all levels of the organization, clients and industry professionals.
  • Excellent leadership and coaching skills to develop team of Model Product Managers.
  • Proven experience in a senior leadership role with a strong track record of cross-functional collaboration.
  • Strong strategic thinking and problem-solving abilities.
  • Ability to manage multiple stakeholders and navigate complex organizational structures.

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.

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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