Business Analyst - Strategic Data Standards & Services

Verisk Analytics • Jersey City, NJ

2d

About The Position

ISO, a business of Verisk, is a leading provider of information and analytics to the insurance industry. We are seeking a Business Analyst to join the Statistical Data Standards & Services Department within the Data Strategy & Services Division. The business analyst will play a major role at ISO supporting Product, Actuarial and Regulatory teams with the development and promotion of industry wide use of our statistical data standards and related services. The analyst will need to learn and apply insurance and data management fundamentals across multiple property/casualty lines of business. The analyst will be involved in day-to-day customer operations such as guiding customers through data reporting requirements, reviewing insurance programs and related coverages, and supporting internal use of the data collected to help enrich ISO's statistical and analytical databases. The ideal candidate is highly inquisitive, detail oriented, and a systems thinker who will be able to learn our business and systems.

Requirements

• Basic to intermediate knowledge and experience in property/casualty insurance, including exposure to analysis of insurance program coverages, data management and related processes.
• Bachelor's degree in Business related field, or strong relevant background including Economics, Data Analytics or Statistics.
• Strong written and oral communication skills, ability to communicate to companies, business and technical peers.
• Strong attention to detail with a high standard of accuracy and consistency.
• Demonstrate a clear commitment to customer relations, both internal and external.
• Ability to work independently and as part of a team.
• Solid background in Microsoft Office (Word, Excel at minimum).

Nice To Haves

• Experience with SQL, Snowflake, Sigma and relational database concepts, including extracting and analyzing data, preferred.
• Continued desire and ability to learn.
• Professional Insurance exams a plus, e.g. CPCU, IDMA, etc.
• Knowledge of ISO Statistical Plans a plus.

Responsibilities

• Work directly with customers and collaborate with many and varied disciplined ISO groups to fully understand and integrate customer insurance program coverage and policy information to prepare robust and effective statistical reporting instructions.
• Assist new and existing customers with statistical reporting which may involve training and explaining in depth the requirements that are expected.
• Gather, identify and analyze requirements for new projects and work requests by performing impact analysis and respond with adjustment or creation of new data capture mechanisms.
• Assist in developing enhanced data management capabilities that serve customers with personalized services in addition to yielding usable data to Verisk.
• Execute processes necessary to prepare data and meet information needs in an accurate and timely fashion.
• Demonstrate initiative through recommending and implementing process improvements that further the long-term data and analytics strategy of the business unit.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level