Actuarial Data Analyst Team Lead

Company Details

 

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

 

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

 

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!

 

The Company is an equal employment opportunity employer.

 

https://www.verusins.com/

Responsibilities

Oversee a team of actuarial data analysts supporting the actuarial and cross-functional teams. This role is critical in driving data-informed decision-making across the organization, with a focus on reporting, system transitions, strategic insights, and communication.

 

• Lead and mentor a team of actuarial data analysts, fostering a culture of innovation, accuracy, and continuous improvement.
• Manage responsibilities of Actuarial Data Analyst team, which often involves developing or reviewing advanced queries and reports for the actuarial team and other cross-functional organizations as requested. Will involve managing multiple projects at once.
• Collaborate and regularly meet with cross-functional teams to understand data needs and deliver actionable insights. Also meet with other data-driven individuals throughout the organization as it pertains to Claims and Marketing reports. Involve business analysts in processes as needed for additional collaboration with Underwriting.
• Strong knowledge of internal data systems in order to be a relied upon resource for data-driven changes or problems across the organization.
• Maintain and improve (or potentially build) processes surrounding reporting inventory, reporting intake, distribution and training of basic data concepts and utilization throughout the organization. Additionally review and update necessary data governance documents and templates.
• Help manage transition from legacy systems into more efficient systems and solutions.
• Collaborate with executive leadership in data strategy around third-party data sources and other new initiatives surrounding this project. Test and validate data flow as needed.
• Identify and analyze information needs and flow for design, development, and maintenance.
• Construct and peer review reports within Microsoft Excel and Power BI that aid Underwriting in making correct strategic decisions in reaching profitability and growth goals. Python and SQL are suggested technological tools in these efforts.
• Analyzes complex business problems and issues using data from internal and external sources to provide insight to analysts and decision makers.
• Communicate findings to teams as requested, supplying valuable insights in data analysis.
• Often predicts user’s requests and needs of a certain report prior to being explicitly asked. Has a strong understanding of business needs and concepts.

Qualifications

• Bachelor’s degree in a related field (mathematics, business, finance, technical).
• 5+ years of experience in a data-related role with working knowledge of information systems.
• Required: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
• Required: Strong knowledge of SQL.
• Required: Knowledge of the insurance industry and IT systems.
• Required: Advanced knowledge of Power BI.
• Preferred: Intermediate knowledge of R and Python.
• Preferred: Strong knowledge of VBA.
• Preferred: 2+ years of experience in a leadership or team lead role
• Ability to adapt.
• Strong problem solving and communication skills.
• Strong organization skills and ability to multitask and prioritize multiple tasks at once.
• Ability to anticipate business needs and proactively deliver solutions.
• Ability to work