Actuarial Analyst II

About the role

Job Description Verisk is seeking an actuarial professional to join our Actuarial Initiatives team within Personal Lines, where you’ll help shape the products, insights, and analytics insurers rely on to make smarter pricing, underwriting, and risk decisions. This team supports a diverse portfolio spanning Personal Auto, Motorcycles, Personal Umbrella, Homeowners, Dwelling Property, and Pet Insurance, giving you exposure to work that has meaningful impact across the property and casualty insurance marketplace. In this role, you’ll contribute to forward-looking initiatives that modernize and enhance Verisk’s personal lines actuarial offerings—from revamping rating relativities and redefining territory structures to reimagining rating plan architecture and building tools that turn Verisk’s extensive data assets into actionable intelligence for insurers. You’ll work at the intersection of actuarial analysis, product development, data-driven decision-making, and industry change.

Responsibilities

• Collaborate with other ISO/Verisk divisions (Actuarial Pricing, Analytic Data Management, Compliance and Product Services, Government Relations, etc.) to maintain, enhance, and develop products that respond to the current market, competitive, and technological landscape, and integrate them into ISO's Personal Lines programs.
• Conduct research on new modeling techniques and new data sources to help support and enhance our current products and develop new products.
• Drive quality results and customer focus into everyday operations.
• Be part of the team that leads the innovation and update of insurance programs in response to the changing business environment.
• Utilize your actuarial and insurance expertise to analyze market, industry, competitor, legal and regulatory trends.
• Provide actionable insights that drive the business of both the company and its customers.
• Support our products by responding to customer and regulatory inquiries; providing expert advice to customers; and developing marketing material, publications, and other documents to support such efforts.
• Build and maintain a network of contacts within and outside Verisk to keep up with market trends and customer needs.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline
• 2+ years of P&C actuarial experience desired; personal lines and/or pricing experience preferred
• Completion of at least three actuarial exams
• Strong analytical skills, including quantitative and qualitative data analysis
• Self-motivated, able to work independently and as part of a team
• Strong verbal and written communication skills
• Experience with SQL, Python, and/or R
• Proficiency in Microsoft Office (Excel, Word, PowerPoint)

About Us

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, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, 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, 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
• 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
• Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events
• 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.

Verisk Employee Privacy Notice

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. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.