Model Product Manager at AIR WORLDWIDE CORPORATION in Boston, Massachusetts

Job Description:

Join our dynamic Product Management team as a Model Product Manager, where you'll play a crucial role in shaping the future of North American peril models. This position offers a unique opportunity to drive the scope, monitor the execution and facilitate the implementation of cutting-edge models. You'll be at the forefront of bringing these complex and interdisciplinary models to market, ensuring a customer-focused approach throughout the process. If you're passionate about innovation and thrive in a collaborative environment, this is the perfect role for you!

To be successful in this role you will:

• Engage with clients to understand their technical and business needs.


• Consistently provide a client perspective to multi-year model development projects.


• Work with key stakeholders to manage the goals, scope, and launch of the model.


• Coordinate the release and drive adoption of the model in market.


• Collaborate with large, cross-functional groups to continually gather feedback.

The successful candidate will have demonstrated experience in the insurance or risk management industry. Specifically, we are looking for a Product Manager with a strong weather, geoscience, or engineering background who can blend their technical expertise with an understanding of the insurance industry. As a bonus, you will have the opportunity to work with diverse teams composed of some of the brightest minds in the industry.

About the Day to Day Responsibilities of the Role

• Perform market research on adoption and usage of existing model versions.


• Conduct thorough business analysis for proposed models and initiatives, including cost/benefit estimates, market trends, competitive analysis, risk analysis, industry best practices, and product development timelines.


• Develop a business case for new models and ensure the scope of updates aligns to the diverse needs of our existing and prospective clients.


• Contribute insight to the development of our model development roadmap and strategy to ensure it is current and relevant for the needs of the market.


• Collaborate with the research and model development teams to understand how the latest science can address market needs and translate the into specific model scope requirements.


• Foster close relationships with all key stakeholders.


• Work closely with other Verisk business units that have adjacent solutions that serve the same markets as our models and collaborate on go to market plans.


• Work with marketing to maintain close oversight of market analysis can competitive intelligence to develop and provide model positioning responses to customer needs and market opportunities.


• Drive the collection of feedback on released models and upcoming model updates.


• Collaborate with the Consulting, Client Services, and Regulatory teams to ensure collected feedback is leveraged to guide future updates and regulatory approvals of models.


• Participate in conferences, seminars, webinars and client meetings.

About You and How You Can Excel in This Role

• 3+ years of experience developing or working with catastrophe models


• Demonstrated track record of engaging in long-term, complex projects


• Comfortable collaborating on cross-functional teams


• Ability to balance participation in multiple projects simultaneously


• Excellent presentation skills, including the ability to articulate complex topics in a concise and easily understandable way


• Product Management experience is desired


• BS Degree in a STEM field (Master's degree a plus)

#LI-SM1

#LI-Hybrid

About Us
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.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

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.

Verisk Businesses

Underwriting Solutions - provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions - supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions - offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions - provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions - provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions - delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions - offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft - provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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