Job Description

Verisk’s Early Career Foundations Program (ECFP) is the perfect place for you to launch your career. When you join Verisk in your first professional role, you become part of an ECFP cohort with other recent grads working across several of our businesses around the globe.

During your first year with Verisk, you will get to experience a special developmental journey in which you’ll have access to senior leaders, job shadowing assignments, stretch opportunities, and learning and development programming designed to fully acclimate you into the Verisk community.

The ISO unit of Verisk is looking for an Actuarial Analyst.  This is an opportunity for May 2022 graduates to begin their career. The start date for this position is July 2022.

ACTUARIAL ANALYST RESPONSIBILITIES:

• Prepare products for regulators and internal & external customers in a timely and accurate manner.  Products may include loss cost reviews, filings, circulars, annual statistical filings, and customized data products to meet customer needs.
• Work on other projects such as class plan reviews, territorial reviews, regulatory reports and fulfilling contractual obligations.
• Writing and running computer programs to extract data for review and report compilation.
• Review the quality of data submitted by insurance companies both on transactional and aggregate levels.
• Develop more efficient, automated ways to improve processing including data quality and error detection processes.  This can include providing suggestions for improvements in ratemaking and data quality review procedures.
• Help respond to questions from regulators and insurers on filings, circulars and other products.
• Contact ISO’s insurer customers and other organizations regarding the reasonableness of reported data.
• Make actuarial and data management presentations to Insurer Panels, insurers who report data to us and ISO users of data.
• Collaborate with other ISO divisions (actuarial, analytical and technology) on improving data, products and procedures.
• Become a subject matter expert on one or more lines of property-casualty insurance business.
• Perform other duties as assigned.

Qualifications

• Graduate or Bachelor's degree with a major in Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline.
• Passing of at least one actuarial exam is preferred.
• 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 SQL, SAS, R, ETL tools or Business Rules Engines is a plus
• Background experience in 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.
• Continued desire and ability to learn.
• Ability to perform essential job duties with or without reasonable accommodation.

Additional Information

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.

http://www.verisk.com/careers.html

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