Actuarial Analyst or Business Analyst

Verisk | Verisk
Jersey City, NJ

The Regulatory and Contractual Reporting unit is seeking an early-career Actuarial Analyst or Business Analyst to contribute to the success of one of Verisk's most important roles in the insurance industry - a statistical agent and data partner to insurance companies, regulatory entities, and federal and local government agencies.

In our strong team of experienced, intelligent, and collaborative actuarial and business analysts, you will have the opportunity to work with all lines of insurance for which data are reported to Verisk, including, but not limited to, Personal and Commercial Property, Personal and Commercial Auto, Liability, Terrorism, Aircraft, Surety and Fidelity, etc. During data quality reviews, regulatory filings, and data reporting you will utilize your skills in Excel and Access, and programming languages like SQL, Python, and VBA. You will exercise your time management prowess and project leadership competence through timely and accurate reporting to our government and industry customers. You will also be tasked to identify and implement efficiencies and enhancements to production processes and introduce innovations.

Your communication skills are a part of the balance you bring to the table because interacting with the team and responding to questions from customers (internal and external) and regulators on filings, circulars, and other ISO products will be a part of your day-to-day job.

  • Perform analysis of large data sets to assure the quality of all products and filings.
  • Collaborate with other divisions regarding regulatory data needs.
  • Support the team in fulfilling contractual obligations at the federal and state levels.
  • Preparation of annual Statistical Agent filings and other compilations required by insurance regulators.
  • Detailed data reviews, both on transactional and aggregate levels.
  • Writing and running programs to extract data for review and report compilation.
  • Develop more efficient, automated ways to improve procedures including data quality and error detection.
  • Utilize extensive experience in problem solving, troubleshooting, and investigation.
  • Interaction with ISO’s insurer customers and other organizations regarding data review prior to submission to regulators and state insurance departments.
  • Grow subject matter expertise on several lines of property-casualty insurance business.
  • Hone foundational skills in communicating analytical results and insights through clear summaries, exhibits, and visualizations.
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