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Actuarial Associate

ISO

Actuarial Associate

Jersey City, NJ
Full Time
Paid
  • Responsibilities

    Job Description

    The Regulatory and Contractual Reporting unit of ISO Programs Operations is looking for an Actuarial/Business Associate to contribute to the success of one of Verisk's most important roles in the insurance industry - a statistical agent and data partner to insurance companies, regulatory entities, and federal and local government agencies.

    In our strong team of experienced, intelligent, and collaborative actuarial and business analysts, you will have the opportunity to work with all lines of insurance for which data are reported to Verisk, including, but not limited to, Personal and Commercial Property, Personal and Commercial Auto, Liability, Terrorism, Aircraft, Surety and Fidelity, etc. During data quality reviews, regulatory filings, and data reporting you will utilize your skills in Excel and Access, and hone your programming languages like SQL, SAS, Python, and VBA. You will acquire a command of your time management and project leadership competence through timely and accurate reporting to our government and industry customers. You will also be encouraged to look for efficiencies and enhancements to production processes.

    We hope your communication skills are a part of the balance you bring to the table because interacting with the team and responding to questions from customers (internal and external) and regulators on filings, circulars and other ISO products may be a part of your day to day job.

    Responsibilities:

    · Perform analysis of large data sets to assure the quality of all products and filings.

    · Collaborate with other divisions regarding regulatory data needs.

    · Preparation of AIPSO ratemaking and data compilations.

    · Preparation of annual Statistical Agent filings and other compilations required by insurance regulators.

    · Detailed data reviews, both on transactional and aggregate levels.

    · Query cloud based relational databases using SQL.

    · Writing and running programs to extract data for review and report compilation. This would include opportunities to implement process improvement and automation.

    · Interaction with ISO’s insurer customers and other organizations regarding data review prior to submission to regulators and state insurance departments.

    · Support the team in fulfilling contractual obligations

  • Qualifications

    Qualifications

    · Bachelor's degree in mathematics, statistics, data analytics or a related field.

    · Prefer 4 or more years of experience working in property and casualty insurance.

    · Hands on experience with programming languages (e.g., SQL, VBA, SAS, Python, etc.).

    · Passion for problem solving.

    · Prefer demonstrated commitment to Actuarial and/or Professional insurance exams.

    · Strong written and oral communication skills.

    · Ability to work under time constraints and adjust plans in the face of changing priorities.

    · Ability to work in a team as well as lead projects

    · Continued desire and ability to learn.

    #LI-YD1

    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

    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.

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     AT VERISK, THE HEALTH AND SAFETY OF OUR PEOPLE IS OUR NUMBER ONE PRIORITY.  EFFECTIVE NOVEMBER 15, 2021, AND SUBJECT TO APPLICABLE LAW, ALL PROSPECTIVE HIRES FOR OFFICE BASED ROLES OR ROLES THAT SUPPORT ANY OF OUR BUSINESSES’ GOVERNMENT CONTRACTS WILL BE REQUIRED TO DEMONSTRATE THAT THEY ARE FULLY VACCINATED AGAINST COVID-19 BY THEIR START DATE, OR QUALIFY FOR A LEGALLY-REQUIRED MEDICAL OR RELIGIOUS ACCOMMODATION TO THIS VACCINATION REQUIREMENT, AS A CONDITION OF EMPLOYMENT. HIRED CANDIDATES WHO DO NOT DEMONSTRATE THAT THEY ARE FULLY VACCINATED AGAINST COVID-19 BY THEIR START DATE, AND WHO HAVE NOT BEEN APPROVED FOR A LEGALLY-REQUIRED MEDICAL OR RELIGIOUS ACCOMMODATION WILL NO LONGER MEET THE REQUIREMENTS FOR EMPLOYMENT AND THEIR OFFERS OF EMPLOYMENT WILL BE IMMEDIATELY RESCINDED, IN ACCORDANCE WITH APPLICABLE LAW.