Senior Actuarial Analyst

Verisk Analytics • Jersey City, NJ

3d

About The Position

We're looking for a talented individual to join the Actuarial Initiatives team, a dynamic group that supports Personal Lines actuarial products development. Our work spans multiple lines of business, including Personal Auto, Motorcycles, Personal Umbrella, Homeowners, Dwelling Property, and Pet Insurance. As part of this team, you'll contribute to high-impact initiatives such as revamping rating relativities, redefining territory structures, reimagining the architecture of our rating plans, and developing new tools that provide insurers with insights and information based on Verisk's extensive sets of data. You'll also contribute to projects that address new legislation, respond to regulatory changes, and meet the evolving demands of the marketplace. This includes performing analyses to support filings related to emerging risks, new coverage offerings, and enhanced policy options.

Requirements

• Bachelor's degree or equivalent experience required.
• Strong Excel skills are required.
• Programming skills or willingness to develop programming skills required, particularly SQL, Python, R, and/or other programming languages a plus.
• Minimum 3 years insurance experience desired (personal lines experience preferred).
• Deep knowledge of market, industry, customer, competition, etc. desired.
• Strong record of building great internal or external customer relationships that focus on innovation, product improvement, or ease of use.
• Product development experience desired.
• Strong project management skills to take ownership and execute on high quality and timely deliverables.
• Proven communication and presentation skills a must.
• Must be able to work independently and as part of a team.
• ACAS, or significant exam progress with commitment to attaining CAS membership is essential to the role.

Nice To Haves

• Additional relevant education or degrees are a plus.
• Predictive modeling and/or data analysis experience desired.

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.
• Occasional travel required for industry conferences, customer visits, etc.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees