Job Description
hackajob is collaborating with Verisk to connect them with exceptional professionals for this role. Description The Commercial Property Product team is responsible for Commercial Property, Commercial Inland Marine, Equipment Breakdown, and a few minor property lines. Our team is responsible for analyzing and creating pricing for new and emerging insurance risks; performing deep dives into pricing methodologies with the goals to enhance and innovate pricing of existing products and coverages; leading efforts in secure filing of pricing changes; providing supports for filings of coverage changes; and maintaining customer focus in all our work. Under supervision, the successful candidate for this role is expected to participate in the development and execution of analytical work to solve complex actuarial problems. Given a project, they are expected to utilize statistical and machine learning techniques as applicable to contribute to the solution. They are expected to create clear and easy to understand documentation for work product support. 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. They are expected to contribute to standardization and automation of work product pipeline. Understanding of basic ratemaking and proficiency in data analysis are required. Additional requirements include but are not limited to making recommendations based on analysis of data, providing justification for selections, assumptions and conclusions, and documenting the work product. Supporting the product through the filing process is also expected. This role will require frequent communication with many of the functional areas of the ISO Underwriting organization. Responsibilities Work on projects independently or in collaboration with other functional areas Under supervision, collaborate with other ISO divisions on product enhancement and innovation that may be actuarial or underwriting focused Given opportunity, engage with internal and external customers through product presentations and responses to customer inquiries Interact with regulatory authorities to support new/enhanced products Qualifications 2+ years of P&C data analytical experience required Experience in quantitative and qualitative data analysis required Demonstrated ability to lead initiatives, work independently and as part of a team Strong interpersonal, oral, and written communication skills, including presentation skills Familiarity with predictive analytics modeling Familiarity with ratemaking or classification methods preferred but not required Strong computing skills desired, such as SQL, Python, or R.