Job DescriptionWe are looking for talent for our Personal Lines Actuarial Pricing team - a team dedicated to advancing insurance pricing methodologies and delivering innovative loss cost solutions to the industry. You will be part of a dynamic team that combines traditional actuarial expertise with cutting-edge analytics to shape the future of insurance pricing through Verisk's industry-leading products.
In addition to traditional pricing responsibilities, you will have an opportunity to use analytical and creative thinking towards our actuarial transformation. You will help architect and execute enhancements to both internal processes and external user experiences as we add value for our insurer customers.
The core and transformation functions provide an opportunity to lead actuarial pricing initiatives that drive innovation in loss cost development and ratemaking methodologies for personal lines of business. You will also get to serve as an expert for data storytelling, who can use our robust data to identify risk trends and pricing dynamics and find creative ways to communicate that information.
Responsibilities- Prepare or supervise the delivery of actuarial content in a timely and accurate manner. These products may include experience review analyses, ISO loss cost filings, thought leadership articles, data compilations, and business intelligence dashboards.
- Lead cross-functional projects. Work closely with data, product development, and technology teams to deliver actuarial information that is accurate, powerful, and user-friendly.
- Champion process improvements that add efficiency to our output. Identify new data tools (such as data quality diagnostics or content visualization) that help us collaborate across our organization.
- Mentor and develop global talent by working closely with a team of analysts in the US and Poland, and providing training and guidance on actuarial methodologies, technical skills, and professional development.
- Serve as a technical expert responding to inquiries from insurance carriers and regulators.
- Support programming and coding capabilities as our team works with our unique repository of industry data.
Qualifications- Bachelor's degree with concentration in a quantitative discipline such as Statistics, Mathematics, Actuarial Science, Economics, Engineering, or Physical Sciences
- 7+ years of P&C insurance industry experience with a concentration in personal lines of business, especially insurance data management, actuarial practices, and familiarity with the ISO/Verisk core business
- Successful completion of 3+ CAS Exams
- Strong analytical, problem solving, decision-making skills and technical aptitude
- Self-motivated, customer oriented, possessing leadership qualities, able to work independently and as part of a team
- Excellent verbal and written communication skills, with the ability to present complex actuarial concepts to both technical and non-technical audiences
- Working knowledge of SQL, R, Python, or other general-purpose programming languages and familiarity with other BI tools (PowerBI, Tableau, ThoughtSpot)
- Proficiency in Microsoft Office (Excel, Word, PowerPoint)
- Ability to work on several projects concurrently, and under time constraints with the ability to adapt in the face of changing priorities
- A desire to take ownership of projects to ensure high quality products
- Our ideal candidate can keep the customer in focus, foster collaboration, and build consensus among stakeholders to deliver value
- This role is based in our Jersey City, NJ global headquarters with a flexible hybrid work model.
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