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Head of Cat Modeling Strategy

Insurance Services Office, Inc.
Boston, Massachusetts, US
Full-time

Company Description

Do you have the following skills, experience and drive to succeed in this role Find out below.

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, 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 needs.

You will communicate with markets about models and loss changes, interact and educate industry bodies (e.g., clients, regulators, rating agencies), and drive our strategy for advanced model communications.

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.

  • In this role, you will play a pivotal role in building and scaling the Model Product Management team and help deliver on the vision.
  • Own the creation and maintenance of the model roadmap while working closely with stakeholders to ensure we are building models in line with our client needs and the latest science.
  • Drive efficiency of processes including scope finalization, stakeholder updates, and approvals.
  • Represent Verisk EES in client conversations on model roadmaps and key model positioning. 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 regarding extreme event risk.
  • Other responsibilities may include helping define our Climate product strategy.
  • Meet goals and success metrics for the product management function; oversee 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 the insurance industry in key cat modeling roles or with modeling vendors in a 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 a 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.

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.

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2 days ago
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