Data Scientist Flood Insurance

2 days ago


Étreux, Hauts-de-France, United States Floodbase Full time
Floodbase Overview

Floodbase is revolutionizing the way businesses and communities adapt to climate change impacts. Our innovative solution enables re/insurers and public sector organizations to design, underwrite, and monitor parametric flood insurance products. By leveraging nearly a decade of industry-leading science, we continuously monitor flooding globally. Backed by investors like Lowercarbon Capital and Collaborative Fund, and trusted by NASA and FEMA, Floodbase is poised to solidify its position in the market.

We are seeking an Insurance Structuring Data Scientist to join our team to help us develop principles for parametric flood policy structuring. This role will be responsible for designing structures that enable (re)insurer partners to efficiently price submissions. As we grow, this role will push our product forward by establishing novel structuring solutions which minimize basis risk and allow more floods to be covered by parametric flood insurance.

The successful candidate will have prior experience with statistical inference in complex dynamical non-stationary systems, exploratory data analysis, and data visualization, preferably with data and models associated with climate perils or other hazards using programming languages such as Python or R. They will be a doer, comfortable building methodologies and features within nascent markets with ambiguous requirements. Comfortable working with and communicating to a wide variety of stakeholders from machine learning scientists to software engineers, senior management, and external audiences.

Floodbase offers competitive salaries, regular reviews, and adjustments based on performance and industry standards. The estimated salary range for this role is $120,000 - $180,000 per year.

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