Actuarial Analyst | 2026 Early Career Foundations Program

Verisk Analytics•Jersey City, NJ

About The Position

Verisk's FAST platform is the leading solution for life insurance and annuity providers. Verisk's single, comprehensive platform pulls data from anywhere, with the ability to integrate it into existing processes. Automation, decisions, and processes can be dynamically driven by insights from our unparalleled array of data sources. In this role, you will have an opportunity to participate in Verisk’s Early Career Foundations Program (ECFP). Verisk ’ s ECFP is the perfect place to launch your career. When you join Verisk in your first professional role, you ’ ll join an ECFP cohort alongside other recent graduates working across our global businesses. In your first year, you ’ ll embark on a unique developmental journey, gaining access to senior leaders through business insight sessions, networking opportunities to build community with your cohort, and professional development programming to enhance your soft skills. All of this is designed to fully integrate you into the Verisk community! Application Deadline : March 1 st , 2026 @ 5pm ET Job Description The Actuarial Analyst serves as either a member of a consulting team or an individual analyst, specializing in the enhancement, integration, and implementation of client-oriented FAST solutions. This role involves close collaboration with other actuaries and product experts, particularly in the analysis of customer product specifications and the configuration of these products using FAST's toolset. Tasks may be conducted at the client's site. Operating under close supervision, the Actuarial Analyst performs assigned tasks and participates as a project resource for scheduled engagements. The design complexity of projects can range from straightforward to moderately complex, potentially involving single or multiple products and requiring work across various computer environments. The Actuarial Analyst must exhibit exceptional communication, interpersonal, presentation, organizational, and planning skills.

Requirements

Bachelor’s degree in mathematics or actuarial science required.
Must have a graduation date in May/June 2026 to be eligible for this role.
Proficient in SQL and MS Excel.
Communication – Articulate, clear and succinct. Good listener. Solid logic flow during discussions. Poised, personable style.
Teamwork – Enthusiastic, highly involved team member. Supports others and helps build team morale. Engaged and high energy. Always demonstrates integrity. Goes the extra mile to help others. Strong network of informal relationships.
Work Ethic – Completes tasks in a timely manner. Stays focused and organized. Self-motivated, takes initiative Takes full ownership of assignments. High quality standards. Intellectually curious, openness to new learning and others’ views. Seeks and is responsive to feedback. Consistently follows through. "Can do" behavior".
This role is not eligible for work visa sponsorship. If you require work visa sponsorship (e.g., H1-B visa) after completing your degree, you do not meet the basic requirements of this role.

Nice To Haves

Actuarial exams desirable.
Internship experience in the life and/or financial services industry, relevant industry business practices, business consulting, or technical consulting is a plus.
Problem Solving/Critical Thinking – Ability to synthesize content. Good problem-solving approaches.

Responsibilities

Works on single or multi-product projects, usually with multiple computer environments where design is extremely complex:
Develops detailed understanding of customer’s products and how customer’s products will be integrated with the FAST solution collaborating with the customer’s actuarial resources.
Interviews customer peers during requirements gathering exercises and documents findings.
Participates in and, will eventually, facilitate and manage design sessions regarding business functionality and/or product logic with customer(s).
Tests FAST system against customer’s system.
Identifies gaps between customer requirements and FAST solution and will learn to propose ideas to address these issues.
Contributes to and eventually authors detailed actuarial specifications and functional specifications from limited BSR(s), or with no BSR(s), through independent discussions with customers.
Performs product loading and values testing.
Learns and will use detailed knowledge of regulations, calculations and processing, and participates in and will eventually routinely guides detailed discussions with customers regarding at least two (2) of the following product types: UL/VUL, Traditional Products, Deferred Annuities and Immediate Annuities.
Shares business knowledge with peer business analysts through mentoring and/or group presentations.
Learns functional specifications for multiple FAST solutions: Home Office, Administration, Payout Administration, Application, Underwriting, Illustrations Calculations, Illustrations and Technical Integration.
Contributes to estimating time frames, quality and quantity of resources required to successfully implement project.
Provides periodic status checks with customers and team to assess progress against plan.
Prepares status reports, as needed, on product related project activities.
Serves as pre-sales support and post-sales technical support specialist when needed.