Actuarial Analyst II

Verisk•Jersey City, NJ

8d•$87,000 - $101,000

About The Position

Verisk is seeking an actuarial professional to join our Actuarial Initiatives team within Personal Lines. This role will help shape products, insights, and analytics that insurers use for pricing, underwriting, and risk decisions. The team supports a diverse portfolio including Personal Auto, Motorcycles, Personal Umbrella, Homeowners, Dwelling Property, and Pet Insurance. The position contributes to forward-looking initiatives to modernize and enhance Verisk’s personal lines actuarial offerings, such as revamping rating relativities, redefining territory structures, reimagining rating plan architecture, and building tools to transform Verisk’s data into actionable intelligence for insurers. The role operates at the intersection of actuarial analysis, product development, data-driven decision-making, and industry change. The ideal candidate is motivated by solving complex insurance challenges, collaborating across actuarial, product, compliance, government relations, and data teams, and translating analysis into practical customer solutions. The role also supports work related to emerging risks, new coverage offerings, regulatory and legislative developments, and evolving market needs.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline
2+ years of P&C actuarial experience desired; personal lines and/or pricing experience preferred
Completion of at least three actuarial exams
Strong analytical skills, including quantitative and qualitative data analysis
Self-motivated, able to work independently and as part of a team
Strong verbal and written communication skills
Experience with SQL, Python, and/or R
Proficiency in Microsoft Office (Excel, Word, PowerPoint)

Responsibilities

Collaborate with other ISO/Verisk divisions (Actuarial Pricing, Analytic Data Management, Compliance and Product Services, Government Relations, etc.) to maintain, enhance, and develop products that respond to the current market, competitive, and technological landscape, and integrate them into ISO's Personal Lines programs.
Conduct research on new modeling techniques and new data sources to help support and enhance our current products and develop new products.
Drive quality results and customer focus into everyday operations.
Be part of the team that leads the innovation and update of insurance programs in response to the changing business environment. Utilize your actuarial and insurance expertise to analyze market, industry, competitor, legal and regulatory trends. Provide actionable insights that drive the business of both the company and its customers.
Support our products by responding to customer and regulatory inquiries; providing expert advice to customers; and developing marketing material, publications, and other documents to support such efforts. Build and maintain a network of contacts within and outside Verisk to keep up with market trends and customer needs.