
Senior Geospatial Insurance Specialist
2 days ago
Job Opportunity:
Parametric Actuary Role
We are seeking an experienced actuary to join our organization, playing a crucial role in developing innovative insurance products using geospatial technology and climate data.
Key Responsibilities:
- Analyze complex datasets to identify trends and develop predictive models for climate-related events.
- Design and implement parametric insurance products based on satellite and climate data.
- Use mathematical techniques to assess probabilities and financial impacts of climate risks.
- Collaborate with data scientists to integrate geospatial data into actuarial models.
- Develop pricing models for parametric insurance products based on trigger events and payout structures.
- Evaluate and minimize basis risk in insurance solutions.
- Prepare reports explaining findings to stakeholders, including clients and management.
- Work closely with underwriters and claims teams to ensure successful implementation of insurance products.
Required Skills and Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
- Associate or Fellow designation from a recognized actuarial society.
- 5+ years of experience in actuarial work, preferably in property and casualty insurance.
- Strong analytical and problem-solving skills.
- Proficiency in statistical analysis software (e.g., R, Python, SAS).
- Experience working with geospatial data and GIS software.
- Excellent communication skills, including the ability to convey complex information.
Preferred Qualifications:
- Advanced degree in Climate Science, Remote Sensing, or related field.
- Experience with machine learning and artificial intelligence applications in insurance.
- Familiarity with satellite data sources and processing techniques.
- Knowledge of blockchain technology and smart contracts.
Competitive Benefits:
- Opportunity to be at the forefront of innovative insurance solutions.
- Combination of actuarial expertise with cutting-edge geospatial technology.
- Development of parametric insurance products providing rapid payouts based on predefined triggers.
Why Join Us:
- Contribute to addressing the challenges of climate change and extreme weather events.
- Play a key role in developing insurance solutions for emerging markets.
- Collaborate with a team of experts in actuarial science, data science, and geospatial technology.
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