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Parametrix

Provides parametric insurance for cloud outages

Owner's Advisor

Construction ManagementConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • At least 15 years of consulting experience in owner's advisory, alternative delivery, program management, or management consulting in the infrastructure space.
  • Strong background in procurement processes, contract development, cost engineering and estimating, schedule development and review, risk assessment, decision analysis, and lifecycle cost evaluation.
  • Experience conducting independent cost estimates and schedule reviews to evaluate and negotiate scope, budget, and timelines in the owner's best interest.
  • Experience supporting procurement strategies and alternative delivery methods.
  • Proven success managing and delivering complex capital programs and infrastructure projects from planning through construction and closeout.
  • Deep understanding of Alternative Public Works statutes, procurement processes, preconstruction services, Guaranteed Maximum Price (GMP) development, and collaborative delivery models.
  • Design-Build Institute of America (DBIA) certification.
  • Ability to establish and maintain long-term client relationships, ideally within the Pacific Northwest.
  • Ability to present technical information clearly and provide executive-level decision support.
  • Excellent verbal and written communication skills.

Responsibilities

  • Serve as a trusted advisor acting on behalf of the owner to support projects and programs from concept development through design, permitting, procurement, construction, closeout, and warranty.
  • Provide hands-on leadership and oversight to guide successful execution across all phases of project delivery.
  • Provide expertise in Alternative Public Works contracting, supporting the delivery of CM/GC, CMAR, GC/CM, PDB, or design-build heavy civil infrastructure projects.
  • Develop, review, and validate cost estimates and budgets to ensure alignment with project scope and owner expectations.
  • Evaluate and track project schedules, identify risks or variances, and recommend corrective actions.
  • Conduct risk assessments and facilitate risk mitigation strategies, decision analyses, and lifecycle cost evaluations.
  • Independently review and negotiate key project elements to protect the owner's interests.
  • Advise on alternative delivery approaches and procurement methods to support project success.
  • Collaborate with clients, stakeholders, and project teams to maintain trusted relationships throughout the life of the project.

About the Company

Parametrix

Provides parametric insurance for cloud outages

Parametrix provides parametric insurance for business interruptions caused by downtime of third-party digital services. It uses a proprietary monitoring system that tracks the performance of cloud providers and other IT services, and when a predefined downtime trigger is reached, it pays a fixed amount automatically—typically within 15 days—without deductibles. The company distinguishes itself with rapid, trigger-based payouts and a global network that manages third-party IT risk, plus notable deals like the Cumulus Re catastrophe bond for cloud outages developed with Hannover Re. Its goal is to close the coverage gap for cloud and digital service interruptions and scale its parametric model to address growing digital dependency.

Company size
11-50
Company stage
Debt Financing
Total funding
$83.6M
Headquarters
New York City, New York
Founded
2019

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