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Actuarial Associate

Insurance Services Office, Inc.
life insurance
United States, New Jersey, Jersey City
545 Washington Boulevard (Show on map)
Dec 03, 2024
Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

The Commercial Liability Actuarial Product team is looking for a near-ACAS, ACAS or FCAS motivated actuary to:

  • Join our team and contribute their knowledge and experience with Property and Casualty insurance in a way that will help shape changes in the industry
  • Be part of the team that leads the innovation and updates of the Commercial Liability product offerings with a focus on Commercial General Liability
  • Produce quality results in a timely manner while maintaining a customer focus in all of their work
  • Serve as a customer-facing product expert for Commercial Liability

More specifically, we expect you to:

  • Contribute significantly to and lead certain projects that target on developing enhancements and innovations to actuarial products and procedures for Commercial General Liability and Excess/Umbrella
  • Collaborate closely with other departments on new products that may be actuarial or underwriting focused
  • Maintain a high level of customer service through product presentations, responses to customer inquiries, and presenting at client meetings or other customer forums
  • Provide actuarial analyses in supporting, maintaining and enhancing existing Commercial General Liability actuarial products
  • Interact with regulatory authorities to support filings of loss cost analyses and new/enhanced products
Qualifications
  • Associate of the CAS or several Casualty Actuarial Society exams passed
  • Ability to lead initiatives, work independently and as part of a team
  • Good interpersonal, oral and written communication skills
  • Familiarity with predictive analytics modeling
  • 3+ years' experience leading and/or significantly contributing to projects, with strong records of building great internal and/or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use.
  • Technical background should include a working knowledge of Office applications and understanding of computer programming concepts.
  • Knowledge of Python, Jupyter Notebooks ETL tools, R, SQL, or Business Rules Engines is a plus.

You will be part of a culture that celebrates success, recognizes and rewards achievements and excellence, encourages experimentation and learning from failure, and provides personal and professional enrichment opportunities.

#LI-MC1

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companiesand by Forbesas a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions- provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions- supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions- offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions- provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions- provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions- delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions- offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft- provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

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.Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/

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