Research & Development Specialist - Parametric Reinsurance

Marsh McLennan

| New York, United States (Hybrid) | Full Time | 5 months ago

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Job Summary

This Research & Development Specialist role focuses on designing and implementing novel parametric insurance solutions for catastrophe risk transfer. The specialist will conduct research on parametric instruments and natural hazards, translate research hypotheses into code, test these hypotheses, and communicate technical concepts to various audiences. The role involves working in a multi-cultural, global business environment with clients and colleagues, advancing independently, and finding solutions to technical, business, mathematical, or programmatic challenges. The specialist will also provide progress reports on a regular basis. This role is an early career position. The candidate will be expected to work at least three days a week in the office.

Must Have

Bachelor's degree in a technical discipline related to natural hazards.
Excellent coding skills in MATLAB, Python, or similar computing language.

Good to Have

Master's or Ph.D. in a technical discipline related to natural hazards.
Technical publications as first author in international peer-reviewed journals.
Expertise in MATLAB coding.

Perks & Benefits

Professional development opportunities.
A vibrant and inclusive culture.
A range of career opportunities, benefits, and rewards to enhance well-being.

Job Description

Company:

Guy Carpenter

Description:

We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in New York, New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

This specialist role is an early career, independent, and creative researcher who leads the design and implementation of novel parametric insurance solutions for catastrophe risk transfer.

We will count on you to:

Show passion and curiosity to advance the state of the art in catastrophe risk transfer and insurance in the context of evolving environmental challenges.
Conduct independent research on parametric instruments and natural hazards, and provide progress reports for the team, clients, and colleagues on a regular basis.
Translate research hypotheses into well-structured code (MATLAB is our core software platform) and demonstrate ability to rigorously test these hypotheses and thoroughly document results.
Advance with independence through obstacles and resourcefully find alternatives and solutions to technical, business, mathematical, or programmatic challenges that arise continuously.
Communicate with excellence in oral (presentations) and written forms, and show ability to convey difficult technical concepts to non-technical audiences.
Portray the team’s work professionally in a multi-cultural, global business environment, with clients and colleagues.

What you need to have:

Bachelor's degree in a technical discipline related to the study of natural hazards, engineering, or science, with at least one journal publication we can review.
Excellent coding skills in MATLAB (preferred), Python, or similar computing language. Eventually, all production code is translated into MATLAB, our core platform. Coding skills will be tested.
Exceptional attitude and flexibility to work effectively under pressure, with a cohesive team, and with different external audiences.

What makes you stand out:

Master's degree or Ph.D. in a technical discipline related to the study of natural hazards, engineering, or science, with at least one journal publication we can review.
Technical publications as first author in international peer-reviewed journals.
Expertise in MATLAB coding.

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders.
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.