Actuarial Analyst II

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

The Specialty lines Actuarial Product team is looking for an Actuary to join our team and contribute their knowledge and experience with Property and Casualty insurance in a way that will help shape changes in the industry. Be part of the team that leads the innovation and updates of the Specialty product offerings such as Medical, D&O, EPL and Professional lines.

• Produce quality results in a timely manner while maintaining customer focus in all their work.
• Serve as a customer-facing product expert for Specialty above-mentioned LOBs.
• More specifically, we expect you to:
• Lead projects independently that target on developing enhancements and innovations to actuarial products and procedures for Specialty and above-mentioned LOBs.
• Collaborate closely with other ISO divisions on new products that may be actuarial or underwriting focused.
• Provide actuarial analyses in supporting, maintaining and enhancing existing Specialty actuarial products.
• Be a key contributor in the effort to develop a more modern rating infrastructure for class rated and specifically rated risks.
• Utilize your expertise to analyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customers.
• Interact with regulatory authorities to support filings of loss cost reviews and new/enhanced products.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Actuarial Science or related majors. 
• 2+ Actuarial Exams
• 2+ years’ experience leading team(s) and or projects, with strong records of building great internal or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use.
• Data management skills or knowledge of insurance data management principles is a plus.
• Experience in quantitative and qualitative data analysis.
• Some familiarity with insurance coverages, actuarial methodologies, and quality control.
• Technical background should include a working knowledge of MS Office applications and understanding of computer programming concepts.
• Knowledge of Python, Jupyter Notebooks ETL tools, R, SQL, SAS, or Business Rules Engines is a plus.
• Background experience in Power BI, Tableau, Spotfire, COGNOS, or other data visualization software would be advantageous.
• Strong written and oral communication skills.
• Ability to work independently and as part of a team.
• Ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities.

#LI-MC1

Additional Information

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

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

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.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/