Job Description

The applicant will be highly involved in the quantification of catastrophic risk using a variety of databases and RMS models, and pursue model testing through RiskLink/ RMS(one) codes with a critical review of inputs and result in outputs in a logical manner. The person will be required for RiskLink testing of updated model components and RMS(One) testing for model certification purposes.

Key Accountabilities & Deliverables:

• Understand the in-depth working of RMS models to conduct appropriate analysis and model testing.
• Demonstrate a good understanding of catastrophe modeling after structured training.
• Learn best practices in catastrophe modeling and reflect this in your day-to-day work.
• Overall responsible for model testing and providing high-quality analysis of modeled results.
• Generate insight review of model component sensitivity and result in outputs through a series of analyses.
• Involve the latest technology, additional data sources and domain knowledge in the model testing and model review process.
• Proactive participation and provide critical support in the model review process and development of risk model components.
• Develop and maintain documentation on model testing and model review activities.

• Preferably Postgraduate (M. Tech) in Engineering/Civil Engineering, Atmospheric Science, Earth Science or Environmental Science from a reputable institution such as IIT.
• Must have 2 - 5 years of RMS experience in catastrophe hazard model development/ RiskLink analysis.
• Strong foundation in analytics and data analysis and processing.
• Critical thinking skills, strong analytical and problem-solving abilities.
• Working experience with both statistical and scientific languages R, VB, C/C++, FORTRAN, R, MATLAB, etc. is essential.
• Good exposure of MS SQL, MS Access, MATLAB, MS Excel (on writing macros) is desirable.
• VBA and VB.Net is an added advantage as are a working knowledge of GIS tools (MapInfo, ArcInfo).
• Knowledge of the natural catastrophe risk modeling domain would be advantageous.
• On hand experience on GIS application tools (ArcGIS, MapInfo) would also be advantageous.
• Excellent written and verbal communication

• 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\xe2\x80\x94catastrophe risk modeling \xe2\x80\x93 and continue to innovate. RMS was founded in 1989 by Stanford scientists who created our first model for California Earthquake. Today, 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.
• We got acquired by Moody\xe2\x80\x99s Analytics in 2021, opening fascinating new opportunities to expand our models, data, technology and services to industries beyond Insurance to help the world better manage its risks.
• 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.

Risk Management Solutions