Actuarial Analyst II

Reposted 2 Days Ago
Be an Early Applicant
Jersey City, NJ, USA
Hybrid
Junior
Analytics
The Role
Support development and modernization of personal lines actuarial products by performing pricing, territory, and rating plan analysis. Research new modeling techniques and data sources, respond to customer and regulatory inquiries, produce marketing and client materials, and collaborate across actuarial, product, compliance, and data teams to deliver actionable insights.
Summary Generated by Built In

Help shape the future of personal lines insurance. Join Verisk’s Actuarial Initiatives team and use your actuarial expertise, analytical skills, and curiosity to influence the products and insights insurers rely on to make critical pricing and risk decisions. You’ll gain broad exposure across Personal Auto, Motorcycles, Personal Umbrella, Homeowners, Dwelling Property, and Pet Insurance.

In this role, you won’t simply maintain existing actuarial products—you’ll help reimagine them. You’ll contribute to high-impact initiatives such as modernizing rating relativities, redefining territory structures, redesigning rating plan architecture, and developing new tools that turn Verisk’s extensive data into actionable insights for insurers.

You’ll also help the team respond to new legislation, regulatory changes, and evolving marketplace needs. Your analyses will support filings involving emerging risks, new coverage offerings, and enhanced policy options—giving you the opportunity to combine technical actuarial work with meaningful industry impact.

Responsibilities

Why You’ll Enjoy This Opportunity

  • Influence highly visible initiatives that shape personal lines insurance products and pricing.

  • Build experience across multiple lines of business rather than focusing on a single product.

  • Partner with actuarial, data, product, compliance, and government relations professionals.

  • Explore new data sources, modeling techniques, and analytical tools.

  • Expand your technical and business expertise while continuing to progress toward your actuarial credentials. 

Qualifications
  • Collaborate across ISO/Verisk teams—including Actuarial Pricing, Analytic Data Management, Compliance and Product Services, and Government Relations—to maintain, enhance, and develop products that respond to market, competitive, and technological change.

  • Research emerging modeling techniques and new data sources that can strengthen existing solutions and inspire new products.

  • Bring a strong customer focus and commitment to quality to every stage of the product development process.

  • Help lead the evolution of insurance programs by analyzing market, industry, competitor, legal, and regulatory trends—and translating those findings into actionable insights for Verisk and its customers.

  • Support customers and products by responding to customer and regulatory inquiries, offering expert guidance, and developing marketing materials, publications, and other supporting content.

  • Build and maintain relationships within and outside Verisk to stay connected to market trends, emerging needs, and customer priorities.

     

  • What You’ll Bring

  • A bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline.

  • At least two years of property and casualty actuarial experience is desired; personal lines and/or pricing experience is preferred.

  • Completion of at least three actuarial exams.

  • Strong analytical capabilities, with experience interpreting both quantitative and qualitative data.

  • A self-motivated approach and the ability to contribute effectively both independently and as part of a team.

  • Clear, confident verbal and written communication skills.

  • Experience with SQL, Python, and/or R.

  • Proficiency with Microsoft Office, including Excel, Word, and PowerPoint.

#LI-BH1

About Us

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 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 and Restoration Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Verisk Employee Privacy Notice

Skills Required

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related discipline
  • 2+ years of P&C actuarial experience; personal lines and/or pricing experience
  • Completion of at least three actuarial exams
  • Strong analytical skills, including quantitative and qualitative data analysis
  • Self-motivated; able to work independently and as part of a team
  • Strong verbal and written communication skills
  • Experience with SQL, Python, and/or R
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint)

Verisk Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Verisk and has not been reviewed or approved by Verisk.

  • Retirement Support — A strong company 401(k) match is specified, with additional references to profit‑sharing. Together these create a solid foundation for long‑term savings.
  • Healthcare Strength — Medical, dental, vision, HSA/FSA, and life and disability coverage are described positively. Mental‑health support and broader well‑being programs are also highlighted.
  • Leave & Time Off Breadth — Generous PTO and paid holidays are noted alongside flexible/remote work options and volunteer time. Companywide well‑being days further expand time‑off options.

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The Company
HQ: Jersey City, NJ
2,129 Employees
Year Founded: 1971

What We Do

Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Our team of nearly 9,000 helps customers make crucial decisions every day about risk—with greater precision, efficiency, and discipline.

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