Senior Business Analyst (P&C Insurance)

Verisk Analytics•Jersey City, NJ
•Hybrid

About The Position

ISO, a business of Verisk, is seeking a Senior Business Analyst for the Statistical Data Standards & Services team within Data Acquisition. The role supports Product, Actuarial and Regulatory teams in developing and promoting industry-wide use of ISO statistical data standards and related services. The analyst applies insurance and data management fundamentals across multiple property/casualty lines of business, works directly with customers, and helps ensure collected data supports ISO’s statistical and analytical databases.

Requirements

  • Working knowledge of property/casualty insurance and at least 2 years of experience, including exposure to insurance products, coverages, policy data, data management and related processes.
  • Bachelor’s degree in Business, Insurance, Risk Management or a related field, or equivalent relevant property/casualty insurance experience.
  • Strong written and verbal communication skills, including the ability to communicate effectively with customers and business and technical colleagues.
  • Strong attention to detail and a high standard of accuracy and consistency.
  • Demonstrated commitment to developing strong internal and external customer relationships.
  • Ability to work independently and collaboratively as part of a team.
  • Proficiency with Microsoft Office, including Word and Excel.
  • Desire and ability to continuously learn.

Nice To Haves

  • Experience working with insurance data and performing data analysis.
  • Familiarity with SQL, Snowflake, Sigma or relational database concepts.
  • Experience leveraging AI and automation tools to improve operational processes, analysis, documentation or decision making.
  • Professional insurance designations or coursework, such as CPCU or IDMA.
  • Knowledge of ISO Statistical Plans.

Responsibilities

  • Analyze insurance products, policy forms, coverages and company-specific programs to determine statistical reporting treatment and data requirements.
  • Work with customers and cross-functional teams to understand insurance programs, coverages and policy information, and develop statistical reporting instructions.
  • Assist new and existing customers with statistical reporting, including training and explaining reporting requirements.
  • Gather and analyze requirements for projects and work requests, perform impact analysis, and support changes to or creation of data capture mechanisms.
  • Help develop enhanced data management capabilities that provide value to customers and yield usable data to Verisk.
  • Execute processes to prepare data and meet information needs accurately and on time.
  • Recommend and implement process improvements that support the business unit’s long-term data and analytics strategy.
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