Backend Engineer (Tel Aviv)

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Backend Engineer (Tel Aviv)

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Overview

We are looking for a Senior Backend Engineer to join our R&D team and play a central role in building the core technology behind Parametrix Insurance. Our product activates the moment something breaks in the digital world, when a cloud region goes down, a SaaS platform fails, or a data center experiences an outage. Our systems detect these events in real time and automatically trigger payouts to customers with no paperwork and no delays.

In this role, you won’t be building standard backend features. You’ll help design and scale the monitoring and event-processing architecture that tracks cloud performance globally, analyzes massive data streams in milliseconds, and executes financial transactions with near-perfect accuracy. If you’re excited by the idea of engineering systems that have to stay reliable even when the internet isn’t, this is the place for you.

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Key Responsibilities

Architect and scale Python-based microservices that can handle unpredictable traffic spikes during global outage events.

Design resilient, fault-tolerant cloud infrastructure in AWS or GCP that keeps running even when parts of the internet aren’t.

Optimize real-time data pipelines that ingest and process third-party performance data in milliseconds.

Own the backend development lifecycle, from architectural decisions to production deployment and ongoing improvements.

Collaborate across Engineering and Product to ensure our monitoring engine and payout systems remain fast, accurate, and reliable.

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The Tech Stack You'll Use

Python: FastAPI, Django, Flask

Cloud: AWS (Lambda, ECS, S3) or GCP

Data: PostgreSQL, Redis, Kafka/Kinesis

Ops: Kubernetes, Terraform, Docker

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Qualifications

Deep experience building production systems in Python.

6+ years of backend engineering, with strong architectural skills.

Understanding ofdistributed systems and how to design for scale, resilience, and performance.

Believe in Infrastructure as Code and build with automation and reliability in mind.

Care about observability (logs, metrics, traces) and know how to instrument systems so they never go dark

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About Parametrix

Parametrix, the leading provider of digital business interruption solutions, specializes in parametric insurance that protects against the financial cost of technology and digital infrastructure downtime. Leveraging a proprietary network of monitoring systems, we collect and analyze real-time, granular data on the performance and availability of critical infrastructure— including data centers, SaaS providers, and cloud services— to accurately assess risk and deliver fast, transparent claims payments. Our solutions enable businesses, data center stakeholders, and (re)insurers to quantify, manage, and transfer the financial risks of downtime with unmatched precision. Parametrix is a Managing General Agent and Lloyd’s Coverholder, with policies backed by major A-rated global insurers, and is headquartered in New York.

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A parametric approach to quantifying, managing, and transfering exposure to technology downtime and digital infrastucture risk. Parametrix is a Lloyd's Coverholder whose policies are backed by major A-rated global insurers.

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The products and services referred to on this website are available only in the jurisdictions in which we are licensed to transact insurance business. Nothing on this website shall be construed as an offer or solicitation to purchase insurance in any other jurisdiction. The availability, terms, and conditions of such products and services may vary by jurisdiction. The list of licenses held by Parametrix Insurance Services LLC as an insurance producer and surplus lines broker in the US states can be viewed on our license page. Parametrix provides insurance products in connection with potential downtime on services represented by brands which this website displays. Parametrix is not affiliated to, associated with, or sponsored by the owners of these brands.

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