Actuarial Associate - Commercial Liability Actuarial Product

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 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 and Commercial Umbrella/Excess  
• 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 projects and lead certain projects that involve developing enhancements and innovations to actuarial products and procedures for Commercial General Liability and Commercial Umbrella/Excess  
• Collaborate closely with other Verisk Underwriting divisions 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 reviews and new/enhanced products 

Qualifications

• Associate of the CAS or several Casualty Actuarial Society exams passed 
• Ability to work independently and as part of a team 
• Good interpersonal, oral and written communication skills 
• Familiarity with predictive analytics modeling preferred 
• Good computing skills desired, such as SQL, Python, Access and Excel, --- some experience with project-oriented programming such as JAVA would be a plus, but is not a requirement 

#LI-MC1

Additional Information

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We’re also one of the 38 companies on the UK’s Best Workplaces™ list and one of 18 companies on Spain’s Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we’ve grown to provide analytic insights that help transform industries focused on some of the world’s most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

Verisk works in collaboration with our customers and at the intersection of people, data, and advanced technologies. Through proprietary platformed analytics, advanced modeling, and interpretation, we deliver immediate and sustained value to our customers and through them, to the individuals and societies they serve, with greater speed, precision, and scale.

We’re 9,000 people strong, committed to translating big data into big ideas. We help others see new possibilities and empower certainty into big decisions that impact individuals and societies. And we relentlessly and ethically pursue innovation to help move our customers, and the world, toward better tomorrows.

Everyone at Verisk—from our chief executive officer to our newest employee—is guided by The Verisk Way, to Be Remarkable, Add Value, and Innovate.
• Be Remarkable by doing something better each day in service to our customers and each other
• Add Value by delivering immediate and sustained results that drive positive outcomes
• Innovate by redefining what’s possible, embracing challenges, and pushing boundaries

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