Associate Actuarial Consultant - Commercial Property
Verisk Analytics
We are seeking an Associate Actuarial Consultant to join our Commercial Property Actuarial Product team, a highly visible group responsible for shaping and innovating pricing solutions across Commercial Property, Commercial Inland Marine, Equipment Breakdown, and related specialty property lines. This is an opportunity to play a meaningful role in the development of actuarial products that address new and emerging insurance risks, influence market‑leading pricing strategies, and support customers in managing increasingly complex exposures. Our team blends deep actuarial expertise with strong business partnership and customer focus to deliver solutions that are both technically sound and commercially relevant.The successful candidate for this role is expected to initiate proposals and work closely together with team members to identify and solve complex actuarial problems. Given a project, they will be able to guide the solution together with the team directors, manage other team members’ work product to support the solution, as well as produce their own work product to support the solution, all while following actuarial standards of practice. They will work on high-profile projects and be able to justify and explain the solution and resulting work product to senior management, customers, and insurance departments.This actuarial product development role will focus on guiding and performing actuarial analyses of both current rating factors and loss costs as well as creation of new rating factors and loss costs to support updates to Commercial Property and other lines. A solid understanding of basic ratemaking and proficiency in data analysis are required. Additional requirements include but are not limited to analyzing data and making recommendations, providing actuarially sound justification for selections, assumptions and conclusions, and documenting the work product. Supporting the product through the filing process is expected. This role will require frequent communication with many of the functional areas of the ISO Underwriting organization.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 BusinessesUnderwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precisionClaims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiencesProperty 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 efficientSpecialty 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 governanceCatastrophe 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 engagementLife 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 strongerVerisk 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.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 Notice7+ years of P&C actuarial experience required; property and/or pricing experience preferredACAS or higher preferred; Exam 5 is requiredExperience in quantitative and qualitative data analysis strongly preferredDemonstrated ability to lead initiatives, work independently and as part of a teamStrong interpersonal, oral, and written communication skills, including presentation skillsFamiliarity with predictive analytics modeling preferred but not requiredFamiliarity with ratemaking or classification methods preferred but not requiredStrong computing skills desired, such as SQL, Python, or R. #LI-MC1Work on projects independently or in collaboration with other functional areas that target on developing enhancements and innovations to actuarial products and procedures for Commercial Property ratemakingCollaborate closely with other ISO divisions on new products that may be actuarial or underwriting focusedMaintain a high level of customer engagement through product presentations and responses to customer inquiriesGuide and provide actuarial analyses in supporting, maintaining and enhancing existing Commercial Property actuarial productsAnalyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customersInteract with regulatory authorities to support new/enhanced productsFull timePosting Date: 2026-05-04
$199k - $235k
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