Actuarial Analyst

The ISO unit of Verisk is looking for Actuarial Analyst to support our large team of actuaries and data analytics experts, who create innovative analytic products based on our unique database of over 21 billion records spanning more than twenty lines of insurance. 

You will play a hands-on role in developing new processes to create a wide variety of ISO’s analytic solutions including: our advisory prospective loss costs and rating factors; analyses that underlie the development of our loss costs (such as distributions by peril, classification or geographic area); actuarial projection of ultimate claims, and analysis of trends impacting premiums and claims; analytical data management, including smart data quality analytics,  data aggregations provided to US state insurance regulators and analytic research & development.

A successful Insurance Data Analyst will possess excellent technical and mathematical skills, to manipulate data and derive analyses.  Most important, though, is a sense of inquisitiveness about data, and the ability not just to manipulate data, but to also understand and preserve the business meaning behind it.

• Create, modify and execute computer programs to extract, transform and summarize data, as input for analyses, reports, and dashboards to help our clients

• Develop an understanding of:

  • The structure of insurance datasets 

  • The US P&C insurance business including coverages, components of rating variables, etc.

  • Basic actuarial concepts

     

• Create clear and easy to understand reports that highlight data insights. Present your analyses, ideas, progress and results to internal manager and colleagues

• Support a high-performance collaborative culture.  Participate in peer-review with colleagues on an ongoing basis to learn, teach, and ultimately, produce high quality results

• Develop knowledge of Verisk Analytics’ business practices, products, and data sources

• Understand and take ownership of our business processes, and recommend improvements in data management, error identification, quality control, process automation, or analytic techniques 

• Remain current on big data techniques and become familiar with state-of-the-art tools. 

• Graduate or Bachelor's degree with a major in Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline
   

• Fluency in English is required
   

• Practical experience in quantitative and qualitative data analysis, using tools such as SQL, Python, R or SAS.  SQL and Python experience are preferred
   

• Technical background should include a working knowledge of MS Office applications (Word, Excel, Access, PowerPoint) and understanding of computer programming concepts
   

• Other advantageous experience:

  • Experience with large (>100,000 row) datasets or datasets of mixed quality

  • Data visualization software such as Tableau, Power BI, Spotfire or COGNOS

  • Familiarity with Property-Casualty Insurance coverages, data, and/or actuarial methodologies
     

• Ability to work independently and as part of a team
   

• Strong verbal and written communications skills, listening and teamwork skills, and effective summarization skills
   

• Detail-oriented technical aptitude with strong logical, problem solving, and decision-making skills. Excellent organization/planning skills and talent for managing many large and complex datasets
   

• Willingness to work full-time in a hybrid model from Kraków-based office.

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For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

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Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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