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Verisk

Actuarial Associate

Verisk

Actuarial Associate developing personal auto insurance products at Verisk. Collaborating across divisions and conducting research on modeling techniques and product innovations.

Posted 5/20/2026full-timeJersey City • New Jersey • 🇺🇸 United StatesJuniorMid-Level💰 $120,000 - $149,000 per yearWebsite

Tech Stack

Tools & technologies
PythonSQL

About the role

Key responsibilities & impact
  • Collaborate with other ISO/Verisk divisions (Actuarial Operations, Compliance and Product Services, Government Relations, etc.) to maintain, enhance, and develop our standard personal auto products that respond to the current market, competitive, and technological landscape, and integrate them into ISO's Personal Auto Program.
  • Conduct research on new modeling techniques and new data sources to help support and enhance our standard auto products.
  • 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. Along with other special projects, this position will provide significant support and analysis for rating bureaus.
  • Assist the innovation, modernization, and ongoing evolution of the ISO Personal Auto Insurance Program.
  • Satisfy customer specifications and requirements and meet contractual deadlines.
  • Drive quality results and customer focus into everyday operations.
  • Interact with regulatory authorities to present updates and innovations to ISO filing procedures, and support filings of loss cost reviews and related products, including, at times, representing ISO at meetings with state insurance departments and industry groups.
  • Occasional travel required for industry conferences, customer visits, etc.

Requirements

What you’ll need
  • Bachelor's degree or equivalent experience required. Additional relevant education or degrees are a plus.
  • Computer skills: Strong Excel skills are required, and SQL, Python, R and/or other programming languages are a plus.
  • Predictive modeling and/or data analysis experience desirable.
  • Minimum 4 years insurance experience desired (personal auto experience preferred). Deep knowledge of market, industry, customer, competition, etc. desired. Strong record of building great internal or external customer relationships that focus on innovation, product improvement, or ease of use.
  • Product development experience and experience working with customers desired.
  • Proven communication and presentation skills a must.
  • Must be able to work independently and as part of a team.
  • 4 CAS exam with commitment to attaining FCAS membership is essential to role.

Benefits

Comp & perks
  • Health Insurance
  • Retirement Plan
  • Disability benefits
  • Paid Time Off

ATS Keywords

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Hard Skills & Tools
SQLPythonRpredictive modelingdata analysisExcelproduct developmentcustomer specificationsregulatory complianceloss cost reviews
Soft Skills
communication skillspresentation skillscustomer relationship managementteamworkindependenceinnovationproduct improvementcustomer focusnetworkinganalytical thinking
Certifications
Bachelor's degreeCAS examFCAS membership