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Parametrix

Provides parametric insurance for cloud outages

Infrastructure Risk Manager

Program ManagementConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A degree in engineering, construction management, project management, or a related discipline is required.
  • 10+ years of experience in risk management for large-scale transportation or infrastructure programs is required.
  • Experience with alternative delivery methods, including CM/GC, Design-Build, or Progressive Design-Build, and public agency processes is required.
  • Experience facilitating risk workshops and leading risk strategy development on high-stakes projects is required.
  • Familiarity with programmatic risk tools such as @Risk, Primavera, and Excel-based risk registers is required.
  • Strong communication skills with executive-level stakeholders are required.

Responsibilities

  • Lead risk identification and assessment efforts across technical, financial, environmental, and delivery-related aspects of complex infrastructure programs.
  • Develop and implement mitigation strategies that align with program objectives and partner expectations.
  • Facilitate risk workshops and manage the risk register with diverse teams and agency partners.
  • Provide ongoing risk monitoring and reporting, ensuring updates and actionable insights for decision-makers.
  • Serve as a senior advisor on risk management strategies, delivery methods, and governance processes for large infrastructure programs.

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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