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Actuarial/Business Analyst

The Regulatory and Contractual Reporting unit is looking for an Actuarial/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 hone your programming languages like SQL, SAS, and VBA.

You will acquire a command of your time management and project leadership competence through timely and accurate reporting to our government and industry customers.

You will also be encouraged to look for efficiencies and enhancements to production processes.

We hope 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 may be a part of your day-to-day job.

Responsibilities:


* 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 processing including data quality and error detection processes.


* Interaction with ISO's insurer customers and other organizations regarding data review prior to submission to regulators and state insurance departments.


* Become a subject matter expert on one or more lines of property-casualty insurance business.

Our ideal candidate has:


* Bachelor's degree in a STEM major or with STEM coursework learned in associated majors (Actuarial Science, Computer Science, Data Engineering, Data Science, Mathematics, Applied Mathematics, Statistics, Finance, Economics).


* 1-3 years of Property-Casualty insurance work experience preferred.


* Passing of at least one actuarial exam is preferred.

Commitment to attainment of an insurance professional designation (ACAS, CPCU, AIDM), or of a technology or project management designations.


* Data management skills or knowledge of insurance data management principles is a plus.


* Experience in quantitative and qua...




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