E&S Pricing Actuary

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

About the Role

The Excess and Surplus Lines product team is looking for an E&S Pricing Actuary to contribute their knowledge and experience to developing Verisk’s product suite supporting the non-admitted market. The E&S Pricing Actuary will be responsible for leading the development of innovative actuarial product solutions to help the industry better price and manage non-admitted risks. Your technical expertise and industry experience will have a direct impact on Verisk’s strategic vision to provide data-driven analytical solutions to this fast-growth segment in the property/casualty industry.

About the Day-to-Day Responsibilities of the Role

• Conceptualize and execute the development of market-specific analytics and pricing solutions for E&S customers. Collaborate with cross-functional teams to deliver solutions to customers.
• Provide industry and actuarial expertise to support the buildout of data intake processes for contributory E&S premium, loss, and exposure data. Analyze contributory, proprietary and other third-party data to identify and execute on new E&S product opportunities.
• Prepare and present actuarial analyses and reports to senior management and other stakeholders.
• Assist in relevant customer- and market-facing projects and engagements
• Liaise closely with other business units and experts across Verisk, including data operations, analytics, and commercial and personal lines actuarial.

Qualifications

About You and How You Can Excel in This Role

• Bachelor’s degree in actuarial science, mathematics, statistics, or related majors.
• At least 6 – 8 years of pricing experience in excess and surplus lines, with a focus on commercial casualty strongly preferred.
• Associate of the Casualty Actuarial Society (ACAS) required.
• Proficiency in actuarial software and tools (e.g., SAS, R, Python, and Excel). Proficiency in SQL required.
• Data management skills or knowledge of insurance data management and databases is a plus.
• Good interpersonal, oral, and written communication skills. Ability to convey technical actuarial concepts to non-actuarial or technical stakeholders.

#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.

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