Job vacancy: Parametric Insurance Analyst

About Reask  

Reask builds high-resolution climate and catastrophe risk models, recognised across the industry as a leading view of present-day and future extreme weather hazard. Parametric insurance is one of the company's fastest-growing pillars: by 2026, Reask data was widely used across parametric transactions for tropical cyclone globally, both for pricing and settlement. Market leaders such as Descartes Underwriting, Swiss Re Corso, AXA Climate and many broker partners trust Reask data. Beyond tropical cyclone, Reask increasingly supports wildfire covers and other extreme weather perils. 

The role 

This is a parametric analyst role, reporting into the Head of Global Data Products, leading the parametric insurance business line. The role spans two core areas of responsibility: 

1. Creating value: structuring, analytics & delivery.  

• You will handle incoming client requests end-to-end: extracting and preparing data — primarily programmatically via the Reask API — so that it accurately reflects the contractual structure, pricing parametric structures of any type, including pricing KPIs, loss distributions, and basis risk analysis.  

• You will prepare payout calculation frameworks and perform calculation agent tasks including preparing event reports across all deal types and perils where Reask acts as calculation agent.  

• You will review and develop policy wording reflecting the trigger and payout calculation, ensuring that the wording is fully consistent with how the deal is priced and triggered. 

• You will do consultancy work for public sector clients, such as writing risk reports or applying to RFPs. 

2. Building the tools the market runs on. 

• You will maintain and further develop the Reask apps that are widely used across the parametric insurance market: implementing client feedback, building new tools as needed, and deploying them systematically.  

• You will work in Python and R on top of the Reask API and manage development and deployment through GitHub. In both areas, you will work closely with our science and tech teams internally, while everything that goes out to the market represents a Reask product — consistent, accurate, and client-ready.  

Who we're looking for 

This role will suit someone currently working as a parametric structurer or analyst at a broker desk. You understand the dynamics and speed of live opportunities — quick turnaround times, deal flow, hit ratios — and you know what it takes to keep transactions moving without sacrificing accuracy. At the same time, we do not expect you to simply execute: if something is missing, ambiguous, or does not make sense, you raise it and clarify before anything goes out.

The ideal candidate will have:  

• 2–5 years' experience in parametric insurance; broker-side experience strongly preferred 

• Academic background in a natural science, mathematics, or actuarial discipline 

• Solid understanding of tropical cyclone hazard 

• The judgment to critically assess requests and clarify open points with clients before delivery 

• Strong analytical and quantitative skills: comfortable with loss distributions, pricing metrics, and basis risk analysis 

• Hands-on exposure to pricing and structuring parametric transactions 

• Experience in cat modelling, risk assessment and pricing 

• Experience reviewing policy wordings against trigger and payout mechanics 

• Familiarity with calculation agent processes and post-event reporting 

• Proficiency in Python and R; experience with AI-assisted development (Claude Code), API-based workflows, GitHub, and systematic deployment 

• Clear, client-ready communication in English 

• Self-directed and reliable in a fully remote setup 

What we offer

• A fully remote role, with the option to work from a co-working space in London 

• Direct involvement in live transactions and client relationships from day one 

• Close collaboration with a leading team of scientists and engineers 

• Ownership of tools used daily by the parametric insurance market 

• A small team where your work is visible and your input shapes the product 

• Competitive, market-rate compensation, with eligibility to participate in our employee share plan. 

To apply, please send your CV and a short note on a parametric transaction or tool you have worked on to david@reask.earth.