Actuarial Analyst

• Locations Jersey City, NJ, United States (Hybrid)
• STI Yes
• LTI No
• Commission No
• Work Arrangement Hybrid
• Budgeted Salary Currency USD
• Minimum Salary 70,000
• Maximum Salary 100,000
• Division Underwriting Solutions
• Legal Employer Insurance Services Office, Inc.
• Disclaimer Annualized base pay may vary depending on geographic location, job-related knowledge, skills, and experience

The Strategic Actuarial Operations (SAO) team is seeking an early-career analyst to support our expanding scope of internal and external responsibilities. This role is well suited for someone who is building foundational actuarial and analytical skills and is eager to learn through hands on project work, collaboration, and mentorship.

In this position, you may be asked to take on multiple projects simultaneously, sometimes working independently, but more often collaborating across business units, including data, product development and IT. You will also get exposure to working with state insurance departments as part of our loss cost filing process and responsibilities.

• Support the preparation of actuarial products for regulators and internal and external customers, with an emphasis on accuracy, documentation, and meeting deadlines.
• Assist with experience reviews, state loss cost filings, actuarial circulars, and other actuarial analyses.
• Coding logic and program troubleshooting to extract data for analysis and report compilations.
• Review the quality of premium, exposure, loss and claim data submitted by insurance companies both on a semi-aggregate level for use in actuarial methodologies and analyses.
• Participate in initiatives to improve efficiency and automation of actuarial and business processes, learning best practices along the way.
• Support responses to routine questions from regulators and insurers related to filings and analytic products.
• Collaborate with other core lines business units and subject matter experts (actuarial, datal and technology) to improve data quality, product development, actuarial procedures and U/X to help our customers overcome challenges.
• Develop foundational skills in communicating analytical results and insights through clear summaries, exhibits, and visualizations.

• Bachelor’s degree with concentration in a quantitative discipline such as Statistics, Mathematics, Actuarial Science, Economics, Engineering, or Physical Sciences
• 1-3 years of P&C insurance industry experience, especially insurance data management, actuarial practices, and familiarity with the ISO/Verisk core business
• Strong analytical, problem solving, decision-making skills and technical aptitude
• Self-motivated, customer oriented, able to work independently and as part of a team
• Clear verbal and written communication skills
• Working knowledge of SQL, R, Python, or other general-purpose programming languages and familiarity with other BI tools (Power
  
  BI, Tableau, Thought Spot)
• 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

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 Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

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