Event Response Intern

Model Development Intern - Event Response Team

Overview

Risk Management Solutions (RMS) is the world’s leading provider of mathematical models and information related to the financial impact of natural catastrophes. Our Model Development department has over fifty Ph.D. scientists and engineers based in London, building mathematical models that predict the distributions of possible damage due to the effects of tropical storms, extra-tropical storms, thunderstorms, storm-surges, and freshwater floods.

We use a combination of observations, reanalysis data, numerical, statistical and engineering models. We are the pioneers in the development and application of combined statistical and numerical modelling methods for the quantification of natural hazard risk, and our models are the most detailed and comprehensive models of natural catastrophes produced anywhere in the world.

Our clients include several hundred insurance and reinsurance companies as well as brokers, banks, asset managers, hedge funds, regional and local governments, and multilateral agencies.

The Team

The RMS Event Response team, based in London, sits within the company’s Model Development group as part of the Models and Data Business Unit. The team build custom solutions that, when executed, enable RMS clients to quantify the impact of worldwide, real-time catastrophic events, including tropical cyclones, earthquakes, and floods. The team works alongside model developers to adopt RMS solutions for real-time applications and with model product managers to ensure that the needs of the insurance market are met.

Deliverables:

Support the team in monitoring and responding to global catastrophic events as they occur. This includes researching events, writing reports and assisting in the generation of real time catastrophe modeling products for Moody’s RMS software.

Outside of real time events, to assist in furthering the team’s automation in real time deliverables including developing a code tool kit to generate visuals for a wide range of perils and use cases across event response and wider model development.

Final deliverables will depend on the volume of work related to real-time events.

Desired skills:

• Completing or completion of master’s degree or Ph.D. (or equivalent) in a math or science-based background (meteorology, geography, geology, geoscience)
• Programming skills (R, Python, SQL)
• Familiarity with Github
• Familiarity with ArcGIS or QGIS
• Strong verbal and written communication skills
• Ability to work independently
• Experience with high-performance clusters and strong user skill in a Linux/Unix environment is preferred

About RMS

There is a 1% chance an earthquake will cause $50 billion of insured loss within the next 12 months and a 5% chance that a hurricane will cause $60 billion of insured losses next year. At RMS, we turn risks into real numbers. How? By building simulation models that allow insurers and investors to understand and manage their global risks-from hurricanes, quakes, and wildfires, to cyberattacks, terror attacks, and pandemics. Why? We want to build a more resilient world, and we are on a mission to help make every risk known.

Insurers, reinsurers, investors, financial institutions, governments, and NGOs trust RMS solutions to better understand and manage catastrophe risks. RMS was founded in 1989 by Stanford scientists who created our first model for California Earthquake. Today, RMS has some 1,300 employees across 13 offices in the US, London, Bermuda, Zurich, India, China, Japan, Singapore, and Australia, and over 1,000 products and models now covering six continents.

RMS helped pioneer the natural catastrophe model market we now lead – and we continue to innovate. In May 2019, we announced RMS Risk Intelligence™ (RI), an open-standard platform for strategic risk management. Through this purpose-built platform, clients can tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems to support business decisions across underwriting, risk selection, mitigation, and portfolio management.

How we understand and manage risk affects everyone and our passion is nothing less than creating a more resilient world through a better understanding of catastrophic events. Join our team of leading scientists, developers, industry experts, and world-class professionals. Together, RMSers make a difference on a truly global scale.

Visit RMS.com to learn more and follow us on LinkedIn and Twitter.

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.

To all recruitment agencies: RMS does not accept unsolicited agency resumes and will not be responsible for the payment of placement fees related to unsolicited resumes submitted to open positions, job aliases, or to our employees.