Actuary

🔥 16 minutes ago

🏖️ New Jersey – Remote

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💵 $85k - $140k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

🦅 H1B Visa Sponsor

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Logo of Verisk

Verisk

5001 - 10000 employees

Founded 1971

💼 Consulting

🏗️ Construction

📦 Logistics

💰 $500M Post-IPO Debt on 2023-03

Consulting • Construction • Logistics

Verisk is a company that specializes in providing advanced data analytics, technology, and scientific research to the global insurance industry. It delivers solutions across various insurance sectors such as Property & Casualty, Life and Annuities, Reinsurance, and Specialty Markets, helping clients to assess and price risks with speed and precision. Verisk's offerings include underwriting and rating support, claims management, compliance, catastrophe risk modeling, and insights into extreme event risks. Additionally, Verisk serves other industries such as construction, real estate, and transportation by offering data-driven insights and solutions for risk assessment and business optimization, while also contributing to sustainability and resilience initiatives through its research and analytics.

📋 Description

• Apply actuarial and predictive modeling techniques to enhance pricing and risk models • Develop trending methodologies and analyze emerging risks, including climate change and liability aggregation • Contribute to creation and enhancement of actuarial products for Commercial Property, Personal Auto, and Liability lines • Support innovation in rating infrastructure and catastrophe modeling solutions • Prepare filings and loss cost reviews • Respond to regulatory inquiries • Deliver technical support and presentations to insurers, reinsurers, and brokers • Collaborate with underwriting, compliance, and product development teams • Participate in special projects driving operational efficiency and modernization

🎯 Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field • Progress toward ACAS/FCAS or ASA designation preferred • Entry-Level: Internship or up to 2 years in actuarial or insurance analytics • Mid/Senior-Level: 3–7 years in pricing, reserving, or modeling for P&C lines • Proficiency in Excel • Familiarity with SQL, Python, R, VBA, or data visualization tools • Experience with predictive analytics and catastrophe modeling is a plus • Strong analytical thinking • Strong communication • Ability to explain technical concepts to non-technical audiences

🏖️ Benefits

• Health Insurance • Retirement Plan • Disability benefits • Paid Time Off program • Competitive salary and benefits • Flexible work arrangements (hybrid/remote options) • Professional development • Mentorship • Actuarial exam support, including paid study time for CAS exams and reimbursement for study materials • Inclusive culture with strong DEI initiatives • Short-term incentive

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