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Parametrix

Provides parametric insurance for cloud outages

Water/Wastewater Engineer

Water Resources EngineeringConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A bachelor's degree in civil, environmental, mechanical, electrical, structural, or a related engineering discipline.
  • A strong interest in water and wastewater infrastructure and serving municipal or private clients.
  • Engineer-in-Training certification or plans to pursue it.
  • Ability to participate in site visits and fieldwork as project needs require.

Responsibilities

  • Support the planning, design, and delivery of water and wastewater infrastructure projects.
  • Assist with engineering calculations, technical analyses, reports, design plans, specifications, and cost estimates.
  • Contribute to projects involving treatment facilities, reservoirs, pump stations, pipelines, structural systems supporting water and wastewater facilities, and related infrastructure based on team and project needs.
  • Work collaboratively with engineers, planners, designers, scientists, and other technical professionals across disciplines.
  • Participate in site visits, field investigations, data collection, and construction support activities.
  • Learn applicable design standards, regulatory requirements, and client expectations.
  • Receive mentorship and progressively take on greater technical and project responsibilities as your skills develop.
  • Build relationships within a supportive, employee-owned culture that values curiosity, initiative, and teamwork.

Desired Qualifications

  • Interest in working on a variety of projects and developing a well-rounded understanding of the water industry.

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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