Verisk Analytics

Actuarial Analyst II

Verisk Analytics$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related discipline
  • 2+ years of P&C actuarial experience preferred, ideally in personal lines or pricing
  • Completion of at least three actuarial exams
  • Strong analytical skills for both quantitative and qualitative data
  • Self-motivated with the ability to work both independently and collaboratively
  • Excellent verbal and written communication abilities
  • Experience with SQL, Python, and/or R
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint)

Responsibilities

  • Collaborate with divisions to enhance and develop products aligned with market trends
  • Research new modeling techniques and data sources for product enhancement and development
  • Drive quality results and customer focus in operations
  • Lead innovation and updates of insurance programs reflecting market changes
  • Analyze market, industry, competitor, and regulatory trends to provide actionable insights
  • Respond to customer and regulatory inquiries providing expert advice and developing marketing materials
  • Build and maintain a network to stay updated on market trends and customer needs

Benefits

  • Health Insurance
  • Retirement Plan
  • Disability benefits
  • Paid Time Off program
  • Competitive total rewards package
Full Job Description
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.

The ideal candidate is energized by solving complex insurance challenges, collaborating across actuarial, product, compliance, government relations, and data teams, and translating analysis into practical solutions for customers. You'll also support work tied to emerging risks, new coverage offerings, regulatory and legislative developments, and evolving market needs-helping insurers adapt with greater confidence in a rapidly changing environment.

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)

#LI-BH1

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

About Verisk Analytics

Verisk Analytics is a data analytics company that provides data, analytics, and decision-support services to professionals in insurance, energy, healthcare, financial services, government, and risk management. The company uses proprietary data sets and algorithms to provide predictive analytics and decision support solutions to its clients. Verisk Analytics was founded in 1971 and is headquartered in Jersey City, New Jersey.
Learn more about Verisk Analytics
Size
9,367 employees
Market Cap
$27.2 billion
Industry
Net Income
$712.7 million
Founded
1971
5 Year Trend
+8.5%
Revenue
$2.7 billion
NASDAQ

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