Senior Actuarial Analyst

Verisk Analytics • Jersey City, NJ

9h • Hybrid

About The Position

The Strategic Actuarial Operations (SAO) team is looking for talent for our rapidly expanding scope of internal and external facing responsibilities, where we look for efficiencies and enhancements to our actuarial and business processes, but also advance the stories we tell through insurance data and innovate the way we deliver and how clients work with our analytic products and actuarial content. You will be part of a team that uses actuarial techniques and methodologies to make an impact on the insurance industry through Verisk’s core lines loss cost products. You will also utilize analytical and creative thinking to architect new capabilities and user experiences for our forward-looking digital platform. In this position, you may be asked to take on multiple projects simultaneously, sometimes working independently, but more often collaborating across business units, including data, product development and IT. You will also get exposure to working with state insurance departments as part of our loss cost filing process and responsibilities.

Requirements

• Bachelor’s degree with concentration in a quantitative discipline such as Statistics, Mathematics, Actuarial Science, Economics, Engineering, or Physical Sciences
• 1-5 years of P&C insurance industry experience, especially insurance data management, actuarial practices, and familiarity with the ISO/Verisk core business
• Strong analytical, problem solving, decision-making skills and technical aptitude
• Self-motivated, customer oriented, possessing leadership qualities, able to work independently and as part of a team
• Excellent verbal and written communication skills
• Working knowledge of SQL, R, Python, or other general-purpose programming languages and familiarity with other BI tools (PowerBI, Tableau, ThoughtSpot)
• Proficiency in Microsoft Office (Excel, Word, PowerPoint)
• Ability to work on several projects concurrently, and under time constraints with the ability to adapt in the face of changing priorities

Responsibilities

• Prepare products for regulators and internal & external customers in a timely and accurate manner. Products may include experience review analyses, state loss cost filings and other actuarial circulars, other customized data analyses and business intelligence tools and dashboards and thought leadership articles to meet customer needs.
• Coding logic and program troubleshooting to extract data for analysis and report compilations.
• Review the quality of premium, exposure, loss and claim data submitted by insurance companies both on a semi-aggregate level for use in actuarial methodologies and analyses
• Develop more efficient, automated ways to improve business processes and customer experience. This can include providing suggestions for improvements in data quality analysis diagnostics and content visualization and delivery mechanisms.
• Help respond to questions from regulators and insurers on loss cost filings and other analytic products.
• Collaborate with other core lines business units and subject matter experts (actuarial, datal and technology) to improve data quality, product development, actuarial procedures and U/X to help our customers overcome challenges.
• Be our expert for data storytelling, who can identify the insights that are important to our customers and colleagues, and find creative ways to communicate that information

What This Job Offers

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