Careers

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.

About the Role

As an actuarial lead in the Arium team, part of the Verisk Extreme Event Solutions division, you will lead the actuarial work to support the development of the insurance industry’s leading liability catastrophe modeling solution for the global insurance and reinsurance market. The Arium models quantify the systemic and emerging liability risks that can lead to significant aggregations and clash risks across portfolios, ranging from the drivers of climate change to financial crises  to chemical exposures and across major commercial liability lines, including commercial general liability and professional/management liability lines. Your actuarial, modeling, and (re)insurance knowledge will have a direct impact on model development and supporting this fast-growth space in the liability industry. This role is part of the Arium research and modeling team and will be based in the Verisk headquarters in Jersey City, USA.

About the Day to Day Responsibilities of the Role

• Contribute significantly to, and lead certain projects that involve model development enhancements and innovations and incorporate  (re)insurance actuarial expertise into the model development process.
• Act as the go-to expert for actuarial insights and approaches for commercial liability lines of business, including technical peer review of models and parameterizing model components
• Collaborate closely with other business units and experts across Verisk, including other catastrophe modeling and research teams in Extreme Event Solutions and actuarial, coverage, and emerging issues research departments within Verisk Underwriting Solutions.
• Support alignment of Arium modeling methodologies with the best-in-class approaches and insurance industry expectations.
• Perform industry-level loss and exposure analysis of liability catastrophe events, including loss drivers such as mass tort trends, social inflation, and others.
• Support Arium client services through responses to relevant client inquiries and presentations to clients, as needed, including insurers, reinsurers, and brokers.

About You and How You Can Excel in This Role

• Associate of the CAS with demonstrated intent to becoming a Fellow; 6 – 8 years industry experience preferred
• Experience leading teams and demonstrated ability to manage cross-unit collaborations and stakeholders
• Experience in pricing, reserving, and capital modeling for multiple commercial liability lines, including commercial general liability and professional lines
• Familiarity with modeling concepts and principles required; comfortable working with modeling and data uncertainty
• Knowledge of Python and R strongly preferred; some experience with SQL would be a plus, as would familiarity with GitHub and Bitbucket, but not required
• Good interpersonal, oral and written communication skills

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We’re also one of the 38 companies on the UK’s Best Workplaces™ list and one of 18 companies on Spain’s Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we’ve grown to provide analytic insights that help transform industries focused on some of the world’s most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

Verisk works in collaboration with our customers and at the intersection of people, data, and advanced technologies. Through proprietary platformed analytics, advanced modeling, and interpretation, we deliver immediate and sustained value to our customers and through them, to the individuals and societies they serve, with greater speed, precision, and scale.

We’re 9,000 people strong, committed to translating big data into big ideas. We help others see new possibilities and empower certainty into big decisions that impact individuals and societies. And we relentlessly and ethically pursue innovation to help move our customers, and the world, toward better tomorrows.

Everyone at Verisk—from our chief executive officer to our newest employee—is guided by The Verisk Way, to Be Remarkable, Add Value, and Innovate.
• Be Remarkable by doing something better each day in service to our customers and each other
• Add Value by delivering immediate and sustained results that drive positive outcomes
• Innovate by redefining what’s possible, embracing challenges, and pushing boundaries

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

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the 7th consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.

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.

http://www.verisk.com/careers.html

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