Personal Lines Actuarial Pricing Lead

Job Description

We are looking for talent for our Personal Lines Actuarial Pricing team - a team dedicated to advancing insurance pricing methodologies and delivering innovative loss cost solutions to the industry. You will be part of a dynamic team that combines traditional actuarial expertise with cutting-edge analytics to shape the future of insurance pricing through Verisk's industry-leading products.

In addition to traditional pricing responsibilities, you will have an opportunity to use analytical and creative thinking towards our actuarial transformation. You will help architect and execute enhancements to both internal processes and external user experiences as we add value for our insurer customers.


The core and transformation functions provide an opportunity to lead actuarial pricing initiatives that drive innovation in loss cost development and ratemaking methodologies for personal lines of business. You will also get to serve as an expert for data storytelling, who can use our robust data to identify risk trends and pricing dynamics and find creative ways to communicate that information.

Responsibilities

• Prepare or supervise the delivery of actuarial content in a timely and accurate manner. These products may include experience review analyses, ISO loss cost filings, thought leadership articles, data compilations, and business intelligence dashboards.
• Lead cross-functional projects. Work closely with data, product development, and technology teams to deliver actuarial information that is accurate, powerful, and user-friendly.
• Champion process improvements that add efficiency to our output. Identify new data tools (such as data quality diagnostics or content visualization) that help us collaborate across our organization.
• Mentor and develop global talent by working closely with a team of analysts in the US and Poland, and providing training and guidance on actuarial methodologies, technical skills, and professional development.
• Serve as a technical expert responding to inquiries from insurance carriers and regulators.
• Support programming and coding capabilities as our team works with our unique repository of industry data.

Qualifications

• Bachelor's degree with concentration in a quantitative discipline such as Statistics, Mathematics, Actuarial Science, Economics, Engineering, or Physical Sciences
• 7+ years of P&C insurance industry experience with a concentration in personal lines of business, especially insurance data management, actuarial practices, and familiarity with the ISO/Verisk core business
• Successful completion of 3+ CAS Exams
• Strong analytical, problem solving, decision-making skills and technical aptitude
• Self-motivated, customer oriented, possessing leadership qualities, able to work independently and as part of a team
• Excellent verbal and written communication skills, with the ability to present complex actuarial concepts to both technical and non-technical audiences
• Working knowledge of SQL, R, Python, or other general-purpose programming languages and familiarity with other BI tools (PowerBI, Tableau, ThoughtSpot)
• Proficiency in Microsoft Office (Excel, Word, PowerPoint)
• Ability to work on several projects concurrently, and under time constraints with the ability to adapt in the face of changing priorities
• A desire to take ownership of projects to ensure high quality products
• Our ideal candidate can keep the customer in focus, foster collaboration, and build consensus among stakeholders to deliver value
• This role is based in our Jersey City, NJ global headquarters with a flexible hybrid work model.

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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 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

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.

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