Verisk

Actuarial, Business Analyst

Verisk

full-time

Posted on:

Location Type: Hybrid

Location: Jersey CityNew JerseyUnited States

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Salary

💰 $67,500 - $80,000 per year

Job Level

About the role

  • Perform analysis of large data sets to assure the quality of all products and filings.
  • Collaborate with other divisions regarding regulatory data needs.
  • Support the team in fulfilling contractual obligations at the federal and state levels.
  • Preparation of annual Statistical Agent filings and other compilations required by insurance regulators.
  • Detailed data reviews, both on transactional and aggregate levels.
  • Writing and running programs to extract data for review and report compilation.
  • Develop more efficient, automated ways to improve processing including data quality and error detection processes.
  • Interaction with ISO’s insurer customers and other organizations regarding data review prior to submission to regulators and state insurance departments.
  • Become a subject matter expert on one or more lines of property-casualty insurance business.

Requirements

  • Bachelor's degree in a STEM major or with STEM coursework learned in associated majors (Actuarial Science, Computer Science, Data Engineering, Data Science, Mathematics, Applied Mathematics, Statistics, Finance, Economics).
  • 1-3 years of Property-Casualty insurance work experience preferred.
  • Passing of at least one actuarial exam is preferred.
  • Commitment to attainment of an insurance professional designation (ACAS, CPCU, AIDM), or of a technology or project management designations.
  • 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 / software development concepts.
  • Knowledge of SQL, VBA, SAS, R, Python, ETL tools or Business Rules Engines is a plus, as is fluency in cloud databases and workflow scripts (e.g. Jupyter Notebooks).
  • Background experience in Tableau, Power BI, ThoughtSpot, 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 duties with or without reasonable accommodation.
Benefits
  • Health Insurance
  • Retirement Plan
  • Disability benefits
  • Paid Time Off

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
data analysisdata managementquantitative analysisqualitative analysisprogrammingSQLVBASASRPython
Soft skills
written communicationoral communicationindependent workteam collaborationtime managementmulti-taskingadaptabilitydesire to learn
Certifications
Bachelor's degreeACASCPCUAIDM