Senior Parametric Insurance Design Lead (Remote UAE)

National DNP Week

United Arab Emirates

Remote

AED 180,000 - 240,000

Full time

16 hours ago
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Benefits offered by this job

Fully remote within UAE framework
Competitive compensation
Professional development opportunities

Job summary

National DNP Week seeks a Senior Parametric Insurance Design Specialist to develop and optimize parametric coverage with rapid payouts based on predefined events. You will collaborate with underwriting, actuarial, modeling, data science, and distribution teams to deliver viable products across climate, infrastructure, and agriculture sectors.

The role requires strong knowledge of trigger design, data quality assessment, and basis risk management, with a focus on scalable, transparent

Qualifications

  • Bachelor's or Master’s degree in a quantitative field.
  • 7–10 years in parametric insurance or catastrophe risk modeling.
  • Strong knowledge of triggers, payout structures, and basis risk.

Responsibilities

  • Design and optimize parametric insurance products for various risk exposures.
  • Define triggers, payout thresholds, attachment/exhaustion points, and payout structures.
  • Evaluate potential trigger variables including rainfall, temperature, wind, seismic intensity, floods, droughts.

Skills

Parametric insurance
Trigger design
Data analysis
Geospatial data

Education

Bachelor's or Master's in actuarial science / mathematics / statistics / economics / environmental science / meteorology / engineering / finance

Tools

Python
R
SQL

Job description

National DNP Week seeks a Senior Parametric Insurance Design Specialist to develop and optimize parametric coverage with rapid payouts based on predefined events. You will collaborate with underwriting, actuarial, modeling, data science, and distribution teams to deliver viable products across climate, infrastructure, and agriculture sectors.

The role requires strong knowledge of trigger design, data quality assessment, and basis risk management, with a focus on scalable, transparent

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