Business Analyst | Statistical Reporting Analyst

Verisk AnalyticsJersey City, NJ
2d

About The Position

The ISO Programs Operations department of Verisk Analytics is looking for an analyst verse in client solution implementation who is responsible for dealing with data; data management, data requirements, and data analysis. This contributes to our ability to support and assist with our external partner's reporting responsibilities and prepare data reviews, regulatory filings and compilations in a timely and accurate manner for submission to state insurance departments and ISO affiliates. You will have the opportunity to learn and apply insurance business knowledge and your technical skills in order to research and implement data capture mechanisms and strategies that will maximize usability of reported data for our products and services. As a member of the Data Management Solutions unit, you will be involved with data mining, manipulation and onboarding of new clients. You will have close interactions with stakeholders (internal and external) on data reporting requirements, and other data management activities. You will be involved in creating, building and improving processes and procedures to support different strategic plans.

Requirements

  • Bachelor's degree in Arts or Science, communication, economics, data analytics, statistics or a related field.
  • At least 2 years of relevant work experience, including data transformation or data mining experience using large and complex datasets.
  • Have a good understanding of and experience with data manipulation, report generation and data validation procedures including coding of small to mid-size data transformations, cleansing and validation scripts.
  • Solid background in Microsoft Office (Word, Excel at minimum).
  • Passion for problem solving with strong critical thinking and analytical skills.
  • Strong written and oral communication skills.
  • Ability to work under time constraints and adjust plans in the face of changing priorities.
  • Must be a self-starter, self-motivated, customer-service oriented and capable of working both independently and in a team environment.
  • Continued desire and ability to learn.

Nice To Haves

  • Background in property/casualty insurance; knowledge of ISO statistical plan reporting and/or other Statistical Agent plans is a plus; knowledge of ISO Underwriting and Rating Products is a plus.
  • Experience with data management technologies (SQL, etc); experience with data blending tools (Alteryx, etc) is a plus.
  • Working knowledge of any reporting or Business Intelligence tools a plus.
  • Professional insurance exams a plus; CPCU, IDMA, etc.

Responsibilities

  • Create, modify and execute programs to extract, transform and summarize data, as input to derive analyses and reports.
  • Support strategic initiatives associated to cloud computing, by helping to migrate code, data and processes, and reconciling results against existing procedures.
  • Contribute to our business processes and recommend improvements in data management, error identification, quality control, process automation, and analytic techniques.
  • Partake in newly created data transformation reporting system and assist with ongoing maintenance, while working closely with our development team.
  • Provide high quality support to client needs including data profiling, mapping and data lineage, data transformation and development, data quality analysis, and data and business inquiry resolutions.
  • Collaborate with other divisions, integrating information from multiple sources along with independent analysis and research to prepare appropriate data capture mechanisms and support.
  • Ability to prioritize business needs and make decisions while handling multiple projects.
  • Use appropriate business language to develop clear and concise data reporting standards and instructions.
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