Risk Management Solutions
3.0 of 5 130 reviews
www.rms.com Newark, CA 1000 to 5000 Employees
1988
Company - Private
Insurance
$100 to $500 million (USD) per year
AIR Worldwide, EQECAT

Transforming the insurance industry's understanding and quantification of risk.

RMS delivers the world's leading catastrophe risk models in a real-time risk management environment.
More than 400 insurers, reinsurers, trading companies, and other financial institutions trust RMS models, analytics, and metrics as reliable benchmarks for risk pricing, management, and transfer.


Risk Management Solutions – Why Work For Us? Provided by employer [?]

  • Our Story  | 
  • Careers at RMS  | 
  • Our Craft  | 
  • Meet our RMSers

They said it couldn't be done. We thought otherwise.

 

As a graduate student at Stanford, in the heart of earthquake country, I wrote a business plan to spin out university R&D and commercialize a computer model that could quantify earthquake risk in three California cities. With a modest seed investment from my family and an office in my apartment, I convinced a few friends and fellow researchers to join up. Believe me, there was no shortage of skeptics. The financial industry and academic establishment told us that the problem warranted endless study in traditional silos. Venture capitalists struggled to understand what the category and business model would be ("catastrophe risk modeling?"). Fortunately, we were naïve and had the absolute conviction that if we got the right multidisciplinary team in the room, we could create a whole new category of analytic technology—and launch a new industry.

More than two decades later, we are now the world leader in catastrophic risk modeling. From earthquakes and hurricanes to terrorism and infectious diseases, our models provide critical risk management solutions to hundreds of financial institutions around the world. At RMS, we believe knowledge is power. Our work may serve some of the leading industries driving today's global economy, but we also believe it can make a real and positive impact on people's lives. How societies understand and manage risk affects us all. At RMS, our ultimate goal is to help create a more sustainable and resilient global society through a better understanding of catastrophic events.

Based in our headquarters in Silicon Valley and in offices throughout North America, Europe, and Asia, our team of nearly a thousand professionals may be a bit larger than it used to be, but we're as ambitious and innovative as ever. From day one, our passion has been innovation driven by the courage to tackle the problems others say can't be solved. Can we quantify the risks from climate change? Simulate how medical breakthroughs might lead to dramatic improvements in life expectancy? Deliver supercomputing in the cloud? Can our technology platform help transform an entire industry? Once again, they say it can't be done. We think otherwise.

Hemant H. Shah

Hemant Shah

Cofounder, President and CEO
San Francisco, California, 2011

 

Working at Risk Management Solutions

Posted by employees

Employees say it's “OK”   130 ratings

3.0

63% Approve of the CEO   93 ratings

Risk Management Solutions President Hemant Shah

Hemant Shah

President

Great company, right direction, many perks, and some problems

 Current Software Engineer in Newark, CA (US)

Pros: Overall, the company is moving in the right direction regarding software development, though there are still problems. Flexible schedule. Free snacks. Free dinner every day. Free lunch once a week. Gym. Team outings are paid by the company. Full Review

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Salaries in GBP  United Kingdom Avg. Salary
£40k
£55k
£70k

Manager

4 Risk Management Solutions Salaries

£66,000
£62k
£72k

Senior Modeler

2 Risk Management Solutions Salaries

£48,666
£46k
£52k

Analyst

2 Risk Management Solutions Salaries

£36,937
£35k
£39k

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Accepted Offer – Interviewed in London, England Jun 2013 – Reviewed Nov 12, 2013

Interview Details Phone interview about my CV with the HR department, after a friend's referral. Followed by two interview stages, first consisting of a 2-on-1 interview with senior team members, second consisting of a 1-on-1 interview with another team manager and a presentation on a technical subject.Full Interview

Interview Question:
Mathematical/scientific problem in first round interview, requires some lateral thinking and initiative - if you're bright enough you'll get there, nothing you can really prepare for though. View Answer

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