Sr. Risk Modeller

Description

Our mission

Climate change is causing deep uncertainty at all levels of society, with climate volatility reducing the security of all land-based assets and posing a multi-level security threat for the functioning of enterprises, societies, and governments.

Mitiga is a spinoff of the Barcelona Supercomputing Center, which hosts MareNostrum, one of the most powerful supercomputers in Europe.

Mitiga's mission is firmly rooted in employing cutting-edge science and technology to mitigate the multifaceted risks posed by climate-driven perils. Our approach spans a spectrum of temporal scales, from real-time and annual forecasts to projections spanning the next century. This comprehensive perspective on risk, coupled with our capacity to transfer risks to capital markets via catastrophe bonds, positions us to significantly contribute to enhanced climate mitigation, resilience, and equity.

And we need you.

Who you are

We seek a dynamic and experienced Risk Modeller to join our science team. The ideal candidate will have extensive experience in developing and implementing catastrophe risk modelling solutions within the (re)insurance sector and disaster risk financing applications. This role will involve leading research and development projects, collaborating with public administration institutions such as the European Commission, designing and implementing risk transfer solutions and working closely with companies in the insurance sector. If you enjoy collaborating across our talented technical teams and working closely with customers and partners, we want you! 

What you'll do

Catastrophe Risk Modelling: 

• Develop and implement advanced catastrophe risk models (all components: hazard, vulnerability, financial) tailored for (re)insurance and disaster risk financing applications. 

• Analyze complex datasets to assess and predict risks associated with natural disasters and other catastrophic events. 

• Create and refine stochastic models to simulate potential disaster scenarios and their financial impacts. 

• Assess the impact of changing climate conditions and incorporate them into catastrophe models. 

Risk Transfer Solutions: 

• Design and implement risk transfer solutions, including insurance-linked securities, catastrophe bonds, and reinsurance treaties. 

• Advise clients on optimal risk transfer strategies to manage and mitigate financial exposure to catastrophic events. 

• Evaluate the effectiveness of existing risk transfer arrangements and recommend improvements based on model outputs and market conditions. 

Research and Development: 

• Lead and participate in R&D projects aimed at advancing risk modelling methodologies and tools. 

• Stay abreast of the latest scientific research, technological advancements, and industry trends in catastrophe risk modelling. 

 Engagement with Public Administration and Insurance Sector:

• Provide expert advice and technical support to public sector clients on risk assessment and disaster resilience planning. 

• Participate in public policy discussions and contribute to the development of regulatory frameworks related to disaster risk management. 

• Collaborate with insurance and reinsurance companies to understand their risk management needs and tailor modelling solutions accordingly. 

• Conduct risk assessments and provide insights to support underwriting, pricing, and portfolio management decisions. 

• Develop training programs and deliver workshops to enhance the risk modelling capabilities of insurance sector professionals. 

Technical Leadership and Mentorship: 

• Provide technical leadership and mentorship to junior modellers and analysts within the team. 

• Foster a collaborative and innovative work environment that encourages continuous learning and professional growth. 

• Ensure the highest standards of quality and accuracy in all modelling projects and deliverables. 

Requirements  

• Advanced degree (master’s or PhD) in a relevant field such as Mathematics, Economics, Earth Sciences, or a related discipline.

• At least 3 years' experience in catastrophe risk modelling.

• Strong background in research and development.

• Demonstrated ability to work with public administration institutions, particularly in the context of disaster risk management.

• Deep understanding of the insurance and reinsurance industry, including underwriting, pricing, portfolio management processes, and risk transfer solutions.

• Proficiency in statistical software, programming languages (e.g., Python, R), and catastrophe modelling platforms.

• Excellent communication and presentation skills, with the ability to convey complex technical concepts to diverse audiences.

• Ability to deal well with ambiguity in a fast-paced, dynamic environment.

• Ability to take ownership of and work independently to manage projects through to completion. 

• Ability to work with a multidisciplinary team.

• Exceptional analytical and problem-solving abilities, with a keen eye for detail and accuracy.

Diversity

A recent study shows that one in every 10 tech workers in Spain are women. Only 8% of all contracts in 2019 with people with disabilities were in technology and science. Meanwhile, 30% of LGTBIQ people in Spain do not come out in the workplace for fear of discrimination.

This is neither the world we want to live in nor the workplace we’re building.  

Mitiga is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

In fact, we strongly encourage applicants from minority groups to apply.

Our offer

Our vision is to be the place where a diverse mix of talented people want to come, to stay and do their best work. Some of our benefits, like unlimited personal time or flexible working arrangements, help work adjust to your life – and not the other way around. You can work from home or come twice a week to our office in the heart of Barcelona. Dogs and other furry friends are welcome!

Our compressed work schedule allows you to work half a day on Fridays during the year (so you can start the weekend early). During the summer, it also allows you to work 4 days a week, so you spend time with your loved ones (or work on your tan). Shadow our leadership and participate in our structured feedback and mentorship programs. If you grow, we grow.

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