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Parametrix

Provides parametric insurance for cloud outages

Market Practice Builder - Civil Engineering/Planning

Business Development & PartnershipsConfirmed live in the last 24 hours
Full-timeSandy, UT, USA$180k - $200k

About the Job

Requirements

  • A bachelor's degree in Civil Engineering, Planning, Business Administration, or a related field is required.
  • A Professional Engineer license in Utah, or the ability to obtain one within six months, is preferred but not required.
  • At least 15 years of progressive experience in engineering, planning, or a related field, including at least five years in a leadership or management role.
  • Experience managing multidisciplinary teams and working with Utah-based clients such as the Utah Department of Transportation and local governments is highly desirable.

Responsibilities

  • Drive growth by identifying and pursuing new business opportunities with public and private sector clients, including the Utah Department of Transportation, Wasatch Front Regional Council, and local municipalities.
  • Provide high-level oversight for office projects, ensuring technical excellence, quality control, and adherence to budgets and schedules.
  • Mentor and develop staff, foster professional growth, involve team members in business development and client connections, and build a cohesive team.
  • Support recruitment, onboarding, and retention efforts to grow the office’s capacity and expertise.
  • Serve as the primary point of contact for key clients and stakeholders in the region.
  • Participate with Utah leadership to align the Salt Lake City office’s goals with Southwest Region strategic objectives.

Desired Qualifications

  • An advanced degree is preferred.
  • A Professional Engineer license in Utah, or the ability to obtain one within six months, is preferred but not required.
  • Experience managing multidisciplinary teams and working with Utah-based clients such as the Utah Department of Transportation and local governments.

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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