Senior Business Analyst (P&C Insurance)

Verisk • Jersey City, NJ

4d • Hybrid

About The Position

ISO, a business of Verisk, is seeking a Senior Business Analyst to join the Statistical Data Standards & Services team within Data Acquisition. The role supports Product, Actuarial, and Regulatory teams in developing and promoting the 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, helps customers understand statistical reporting requirements, reviews insurance programs and coverages, and supports the use of collected data in ISO's statistical and analytical databases.

The position involves customer engagement and collaboration with internal business and technical colleagues. It also contributes to data management capabilities, accurate and timely data preparation, project requirements analysis, and process improvements that support the business unit's long-term data and analytics strategy.

Requirements

• Working knowledge of property/casualty insurance and at least 2 years of experience in the field, 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.

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 appropriate statistical reporting treatment and data requirements.
• Work with customers and cross-functional teams to understand insurance programs, coverages, and policy information and develop clear statistical reporting instructions.
• Assist new and existing customers with statistical reporting, including training and explaining reporting requirements.
• Gather and analyze requirements for new projects and work requests, perform impact analysis, and support adjustments to or creation of data capture mechanisms.
• Assist in developing 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 in a timely manner.
• Recommend and implement process improvements that support the business unit's long-term data and analytics strategy.

Benefits

• Health Insurance
• Retirement Plan
• Disability benefits
• Paid Time Off program
• Competitive total rewards package with base salary determined based on role, experience, skill set, and location
• Work flexibility
• Support, coaching, and training

What This Job Offers

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