Scientist, Climate X
Loss Modelling - Physical Risk from Weather and Climate
3 days a week in office
Climate risk intelligence and analytics
Open for applications
Climate risk intelligence and analytics
21-100 employees
Open for applications
3 days a week in office
21-100 employees
Company mission
To deepen the understanding of our changing planet and inspire meaningful action.
Role
Who you are
- This role is ideal for someone experienced with natural catastrophe models and comfortable working with large geospatial and financial loss datasets
- Prior experience in building and calibrating loss models using statistical and mathematical modelling approaches, ideally across multiple perils
- Proficiency working with geospatial data (climate and Earth Observation) and observed or modelled economic damage datasets
- Strong programming skills in Python/R or another language
- Strong communication skills with ability to explain complex concepts to a non-technical audience
- Ability to work independently and contribute to a fast-moving research and development environment
- PhD or equivalent experience in climate science, hazard modelling, statistical analysis and remote sensing
- Minimum of 3 years of industry experience in statistical or catastrophe modelling
Desirable
- Expertise in catastrophe modelling, especially in the exposure and vulnerability domain
- Applied statistical skills, including uncertainty quantification, Bayesian statistics and/or Extreme Value Theory
- Machine learning knowledge with applications in climate risk assessment
- Experience with cloud computing (e.g. AWS/Google Cloud)
What the job involves
- We are seeking a scientist with a strong background in applied statistics and physical loss modelling
- We combine observation data and model outputs at both local and global scales to project physical impacts of climate change, such as floods, subsidence, storms, droughts, and wildfires
- You will be a key contributor to the development, calibration and validation of loss models that support our mission to help clients assess and manage climate risks
- Loss Model Development: Research and implement loss models that quantify climate-related risks, focusing on robustly estimating asset vulnerabilities
- Model Calibration & Validation: Calibrate and validate loss models against a wide variety of data sources, both qualitatively and quantitatively to ensure they meet rigorous scientific standards
- Framework Development: Contribute to building our overall loss modelling framework, ensuring robustness and adaptability across diverse client requirements and geographies
- Disseminate scientific insights and methods through model documentation and presentations to engage with stakeholder and customers, all while representing the team at international conferences and industry events
- Core hours 10am-4pm
Salary benchmarks
Our take
Climate change is one of the most pressing global issues and the UK has already set the way for clean and green growth and established a National Adaptation Programme. Therefore, there has been a rise in climate-tech companies developed in the UK to address these issues. In comparison to ESG-assessment platforms or climate fintechs focused on cleaner investment and climate mitigation, Climate X aims to change the way the world manages assets, property and infrastructure through a new vertical of climate adaptation software. They are modelling climate effects that are inevitable due to past and current greenhouse gas emissions.
Climate X works through an API which simulates multiple climate projections and then estimates how these climate projections would damage the assets. The platform then quantifies this damage and models the impacts' valuations and cashflows. Its models update automatically and self-calibrate in response to the latest available scientific data and are built on a cloud-based architecture for seamless access, secure data exchange and integration.
The future of Climate X is promising, as it is working with the UK’s leading climate scientists, AI specialists, financial services professionals and the London School of Economics. Adding to its strong position, a Series A of $18M awarded in 2024 will be used to grow its market share internationally. If successful, Climate X will save customers millions of pounds, helping individuals and organisations to be more resilient to climate change, meet incoming regulatory requirements and make smarter investment decisions.
Steph
Company Specialist at Welcome to the Jungle
Insights
32% female employees
Company
Funding (last 2 of 3 rounds)
Jun 2024
$18.8m
SERIES A
Mar 2022
$5.5m
SEED
Total funding: $25.8m
Company values
- Customer Empathy
- Deep Diversity
- Empowered Ownership
- Team & Belonging
- Purposeful Impact
Company HQ
London, UK
Leadership
Kamil Kluza
(Co-Founder & COO)Kamil leverages over a decade of expertise in climate risk analytics, regulatory compliance, and financial strategy to empower organisations to tackle climate impacts with data insights.
Lukman Ahmed
(Co-Founder & CEO)Over nine years at HSBC, Lukky led risk and transformation initiatives worldwide. As CEO, he's brought 4 years of impact-driven leadership, building climate resilience for global financial services.
People progressing
Aatish joined as a Data Engineer in 2021 and has since become the Director of Engineering, leading and expanding the team with 15 new hires, including new DevOps and Data Engineering functions.
Diversity, Equity & Inclusion at Climate X
Lukky Ahmed (CEO and Co-founder)
- Diversity matters: we’re feeling very strongly about diversity with founders and existing team members coming from a variety of backgrounds. We’re not building just a team but a place of innovation where brains and fun coexist to address the biggest challenge our society is facing now.
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