Company DescriptionWe 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.Job DescriptionABOUT THE ROLEAs a Senior Actuarial Analyst in the Arium group, part of the Verisk Extreme Event Solutions division, you will 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 climate change to recessions 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 support this fast-growth space in the liability industry. This role is part of the Arium research and analytics team, and will be based out of the Verisk headquarters in Jersey City, USA.ABOUT THE DAY TO DAY RESPONSIBILITIES OF THE ROLEApply actuarial and predictive modeling techniques to enhance the Arium model, such as developing new trending methodologies, and modeling settlements on pending casesAct as the go-to expert for actuarial insights and approaches for commercial liability lines of business, including technical peer review of models and model componentsSupport alignment of Arium modeling methodologies with the best-in-class approaches and insurance industry expectationsSupport Arium client services through responses to relevant client inquiries and presentations to clients, as needed, including insurers, reinsurers, and brokersCollaborate 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 SolutionsQualificationsBachelor's Degree in Mathematics, Economics, Statistics, or other related majorsAssociate of the CAS (ACAS) or near-ACAS with 5+ Casualty Actuarial Society exams passedMinimum of 5 years industry experience preferredExperience in pricing, reserving, and/or modeling for multiple commercial liability lines, including commercial general liability and professional linesCatastrophe (CAT) modeling experience would be a plusProficiency in Microsoft ExcelExperience with data cleaning and pre-processingExperience in predictive modeling and machine learning using Python or RStrong interest in modeling and data science applications in insurance and risk managementFamiliarity with SQL would be a plus, as would familiarity with GitHub and Bitbucket, but not requiredAbility to work independently and as part of a teamStrong interpersonal, oral, and written communication skills, including presentation skills#LI-MC1Additional InformationFor 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, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companiesand by Forbesas a World's Best Employer and Best Employer for Women, 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 efficientExtreme 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 governanceMarketing 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's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.https://www.verisk.com/company/careers/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.https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/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.
