Actuarial Analyst

Posted 6 Days Ago
Be an Early Applicant
Jersey City, NJ
Entry level
Analytics
The Role
As an Actuarial Analyst, you will review data quality from insurance companies, enhance data quality processes, utilize predictive models, respond to queries about insurer data, and collaborate with teams to improve data quality procedures, making presentations on these topics when necessary.
Summary Generated by Built In

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 Analytical Data Operations (ADO) division is Verisk/ISO's data refinery, ensuring that ISO's analytical engines are properly fueled. As a member of ADO you will be part of a team of data analysts, BI developers, data engineers, data architects, and actuarial/analytical-engineers that are dedicated to improve our data analytics platform to support a host of products the US P&C industry relies on.

Responsibilities:

  • Use existing tools to review the quality of data submitted by insurance companies.
  • Develop more efficient, automated ways to improve data quality and error detection processes.
  • Use predictive models to develop data quality scores.
  • Help respond to questions about insurers data.
  • Provide suggestions for improvements in data quality review procedures.
  • Make presentations on data quality and data management topics to insurers who report data to us and ISO users of data.
  • Collaborate with other ISO divisions (actuarial, analytical and technology) to develop new data quality procedures and corrected databases.
  • Perform other duties as assigned. 

Qualifications

  • College degree with major in mathematics, actuarial science, economics or related field.
  • Good oral and written communications skills.
  • Ability to work independently and as part of a team.
  • Ability to work on several projects concurrently.
  • Passing of at least one actuarial exam.
  • Some familiarity with insurance coverages, actuarial methodologies, and quality control.
  • Technical background should include a working knowledge of MS Office applications.
  • Knowledge of ETL tools, Business Rules Engines, SQL, SAS, or R is a plus.
  • Data management skills or knowledge of insurance data management principles is a plus.
  • Ability to perform essential job duties with or without reasonable accommodation.

#LI-MC1

Additional Information

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, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, 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 and Best Employer for Women, 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 Estimating 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

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

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

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.

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 disabilityVerisk’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.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 



Top Skills

Sql,Sas,R
The Company
2,129 Employees
On-site Workplace
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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