Sr. Actuarial Analyst - Personal Lines Actuarial Products (PLAP)

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 new Special Projects team in the Personal Lines Actuarial Products (PLAP) division will support key special projects, as related to our rating products. Projects will dynamically span across all of the lines of business for which PLAP is responsible (all Personal Lines plus Farm). Just some examples of major projects this team may work on include territory definitions, rating relativity analyses, and reimagining our various rating plans and their components. The Special Projects area will also be on the ready to pitch in when more hands are needed for critical developments in the insurance environment, such as responses to regulations and laws or new products urgently needed in the marketplace.

Responsibilities

• Collaborate with other ISO/Verisk divisions (Actuarial Operations, Analytic Data Management, Compliance and Product Services, Government Relations, etc.) to maintain, enhance, and develop products that respond to the current market, competitive, and technological landscape, and integrate them into ISO's Personal Lines and Farm programs.
• Conduct research on new modeling techniques and new data sources to help support and enhance our current products and develop new products. Drive quality results and customer focus into everyday operations.
• Be part of the team that leads the innovation and update of insurance programs in response to the changing business environment. Utilize your actuarial and insurance expertise to analyze market, industry, competitor, legal and regulatory trends. Provide actionable insights that drive the business of both the company and its customers.
• 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. 
• Occasional travel may be required for industry conferences, customer visits, etc. 

Qualifications

• Bachelor's degree or equivalent experience required. Additional relevant education or degrees are a plus. 
• Strong Excel skills are required.
• Programming skills or willingness to develop programming skills required, particularly SQL, Python, R, and/or other programming languages a plus.
• Predictive modeling and/or data analysis experience desired.
• 3 years or more of insurance analytics experience desired (personal lines and/or Farm experience preferred). 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 desired.
• Strong project management skills to take ownership and execute on high quality and timely deliverables.
• Proven communication and presentation skills a must. 
• Must be able to work independently and as part of a team.
• Significant actuarial exam progress with commitment to ultimately attaining CAS membership is essential to the role.   

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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 purs