Berkshire Hathaway Specialty Insurance (BHSI) is seeking an analytical and technically-minded individual with proven engineering skills to join the Catastrophe Engineering and Analytics (Cat E&A) team. The Cat E&A is an innovative and versatile technical team conducting location level catastrophe risk evaluations, developing independent solutions and models, and providing quantitative metrics that inform underwriting decisions.
Specific expertise related to assessing the potential for structural damage from catastrophes caused by a variety of natural perils including earthquakes, tropical cyclones, thunderstorms, and winter storms is required. The successful candidate will participate in our ongoing efforts to evaluate the structural vulnerability component of vendor and other CAT models and platforms, provide engineering guidance for the development of internal views of modeled and non-modeled risks, conduct detailed site-specific risk assessments including engineering analyses and site-inspections, and develop internal tools to facilitate account underwriting decision-making.
Essential Job Functions
Evaluate catastrophe risk of property assets for current and prospective accounts taking a site-specific engineering-based view of the risk. Tasks involve assessing exposure information, reviewing hazard metrics, developing custom damageability functions using explicit structural analyses, and producing probabilistic loss estimates.
Critically evaluate vendor catastrophe models (e.g. RMS, AIR, etc.) to determine applicability to specific accounts, regions, and perils.
Contribute to the development of an internal view of catastrophe risk through literature review, probabilistic hazard analysis, engineering analysis, claims/damage data evaluation, and other independent research tasks. Development work will be incorporated into the larger risk methodology and models being used by the CAT E&A team.
Communicate risk evaluation and risk and model development results to both internal and external stakeholders
Ph.D./Master's degree in civil/structural engineering (preferably with earthquake engineering emphasis)
Independent research experience is preferred
Work experience is preferred by not required for the Engineer position
2-5 years of experience required for Senior Engineer position
Engineering license or equivalent is a plus
Experience with probabilistic risk assessments
Strong background in probabilistic theory/concepts
Proficient programming skills (C++, R, Matlab, SQL preferred)
Proficiency in ArcGIS (or equivalent) preferred
Excellent verbal and written communication skills
Skilled in critical thinking and analysis
Highly motivated and detail oriented
Ability to work in a strong integrated team environment
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.
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