With a history of impressive growth, an innovative culture, and offering industry-leading solutions, Verisk Analytics is an amazing place to work and make a difference. In 2018, Forbes magazine named Verisk to its World’s Best Employers list and, in 2017, to its World’s Most Innovative Companies list for the third consecutive year. We also earned the Great Place to Work® Certification for the third consecutive year in recognition of our outstanding workplace culture.
Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations integrated into customer workflows. We’ve been delivering predictive analytics and decision support solutions to our customers for nearly 50 years, helping them protect people, property, and financial assets. At Verisk, you’ll be part of an organization that’s committed to serving the long-term interests of our stakeholders, including the communities where we operate.
At Verisk, you can build an exciting career with meaningful work; create a positive and lasting impact on the business; and find the support, coaching, and training you need to advance your career. Our culture of innovation means your ideas on how to improve our business will be heard. As key contributors to our success, our team members enjoy working in a business-casual, collaborative environment that offers state-of-the-art resources, advanced technologies, and an excellent benefits package.
At Verisk, you’ll be part of a culture that celebrates success, recognizes and rewards achievements and excellence, and provides personal and professional enrichment opportunities. Our 10-week program combines real work experience with professional development workshops, volunteer events, and opportunities to network and socialize with our current team and other interns. If you have an analytical mindset, a passion for innovation, and an interest in business, come join our paid 2020 summer internship program.
Our Jersey City actuarial interns have the unique opportunity to work within our ISO Business Unit, Insurance Services Office.
Prepare products for regulators and internal & external customers in a timely and accurate manner.? Products may include loss cost reviews, filings, circulars, annual statistical filings, and customized data products to meet customer needs.
Work on other projects such as class plan reviews, territorial reviews, regulatory reports and fulfilling contractual obligations.
Write and run computer programs to extract data for review and report compilation.
Review the quality of data submitted by insurance companies both on transactional and aggregate levels.
Develop more efficient, automated ways to improve processing including data quality and error detection processes.? This can include providing suggestions for improvements in ratemaking and data quality review procedures.
Help respond to questions from regulators and insurers on filings, circulars and other products.
Contact ISO’s insurer customers and other organizations regarding the reasonableness of reported data.
Make actuarial and data management presentations to Insurer Panels, insurers who report data to us and ISO users of data.
Collaborate with other ISO divisions (actuarial, analytical and technology) on improving data, products and procedures.
Become a subject matter expert on one or more lines of property-casualty insurance business
Perform other duties as assigned.?
Currently enrolled in a college or university, studying Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline.
Interest in the insurance industry
Strong written and oral communication skills.
Ability to work independently and as part of a team.
Ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities.
Continued desire and ability to learn.
Ability to perform essential job duties with or without reasonable accommodation.?
Preferred Experience (not required)
Passage of at least?one actuarial exam is preferred; not required
Technical background should include a working knowledge of MS Office applications and understanding of computer programming concepts.
Knowledge of SQL, SAS, R, ETL tools or Business Rules Engines is a plus
Background experience in Tableau, Spotfire, COGNOS, or other data visualization software would be advantageous.
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 disability.
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.