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Emerging Risks Modeler

Company: Risk Management Solutions
Location: Newark
Posted on: August 2, 2022

Job Description:

About the Team

The emerging risk group is a multi-disciplinary group, which develop models for pandemics, longevity, terrorism, casualty and workers compensation, agriculture, liability, and business interruption/supply chains. The team consist of modellers with a variety of backgrounds including engineering, remote sensing, meteorology, physics, crop science, statistical and actuarial modelling.

The emerging risk group is part of RMS' model development team boasting 100+ scientists, engineers and statisticians building mathematical models that predict the distribution of losses due to natural and man-made hazards covering earthquakes, hurricanes, floods, convective storms, storm surges, tsunamis, terrorism, cyber etc. The models built by the model development team, including the emerging risk group form the foundation for a variety of RMS products used in the industry for treaty pricing and underwriting as well as for business risk evaluation. RMS is the pioneer in the development and application of complex statistical and numerical modelling methods for the quantification of natural and man-made hazards.

RMS' risk models are the most detailed and comprehensive models of natural catastrophes produced anywhere in the world. Our clients include insurance and reinsurance companies as well as brokers, banks, hedge funds, regional and local governments, and multilateral agencies.

Key Responsibilities

* Carry out research into novel methodologies being developed for man-made or natural hazard projects
* Be agile and adapt to the changing needs of solutions
* Willingness to explore and learn new technologies, particularly in data science and apply them to modelling
* Work with other modellers to execute and deliver solutions in projects
* Presenting work internally and to clients in meetings
* Publish the work in conferences, journals and attend scientific meetings to understand the latest science as well as raise the RMS profile

Experience Required

* MSc or PhD in Engineering, Physics, or Mathematics.
* Programming in Python, R or other scientific languages.
* Ability to clearly communicate verbal and written technical information.
* Working in an interdisciplinary environment and projects and integrating with other teams outside of modelling.
* Excellent communication skills.

Preferred Experience

* Understanding and experience with casualty modeling and workers comp.

* 2+ years of experience working in catastrophe modelling.
* Knowledge of statistics and statistical modelling, data science applications is a distinct plus.

* Working knowledge of GIS and SQL server applications would be a bonus.

About RMS

Risk Management Solutions, Inc. (RMS) models and solutions help insurers, financial markets, corporations, and public agencies evaluate and manage global risk throughout the world. RMS has some 1,300 employees across 13 offices in the US, London, Bermuda, Zurich, India, China, Japan, Singapore, and Australia, with products and models covering six continents.

We lead an industry that we helped to pioneer-catastrophe risk modeling - and continue to innovate. In May 2019, we announced the launch of RMS Risk Intelligence (RI), an open, flexible and future-proof platform for strategic risk management. Through this purpose-built platform, clients can tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems to support business decisions across underwriting, risk selection, mitigation and portfolio management.

Insurers, reinsurers, trading companies, and other financial institutions trust RMS solutions to better understand and manage the risks of natural and human-made catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics.

Visit to learn more and follow us on LinkedIn and Twitter.

RMS is proud to be an equal opportunity workplace. We are committed to equal employment opportunity without regard to race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin or ancestry, physical or mental disability, genetic characteristics, sexual orientation, or any other classification protected by applicable local, state, or federal law.

RMS is a Moody's company, and as such you must be fully vaccinated for COVID-19 (i.e., at least 2 weeks after last dose) and, if hired, present proof of vaccination on start date, as determined by Moody's.

Moody's also provides reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief, in accordance with applicable laws. If you need to inquire about an accommodation, or need assistance with completing the application process, please email

To all recruitment agencies: RMS does not accept unsolicited agency resumes and will not be responsible for the payment of placement fees related to unsolicited resumes submitted to open positions, job aliases, or to our employees.

Keywords: Risk Management Solutions, Newark , Emerging Risks Modeler, Other , Newark, California

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