Actuarial Director
4 days ago
Verisk is looking for a Director who can drive actuarial innovation and build upon the Businessowners Program's market competitiveness.
To help insurers keep pace with the changing nature of today's business exposures, as well as increase profitability and expand into new markets, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the launch of its latest update to the ISO Businessowners (BOP) program. With more than 300,000 new small businesses created annually over four of the past five years, this update is essential to the industry and marks one of the most significant enhancements to the ISO BOP program.
Responsibilities- Enhance and innovate the Businessowners actuarial products and procedures in a way that delivers consistent value add to the industry and brings new offerings to the market
- Provide actuarial analyses in supporting, maintaining and enhancing existing Commercial General Liability actuarial products
- Interact with regulatory authorities to support filings of loss cost analyses and new/enhanced products
- Manage, motivate, and develop a team of Businessowners actuarial experts to drive results and customer focus into everyday operations
- Collaborate with a team of coverage and product management colleagues to deliver timely and relevant Businessowner product updates and innovations to the market
- Build and maintain a customer focus through product presentations, responses to customer inquiries, and presenting at panel meetings or other customer forums
- Fellow (FCAS) or Associate (ACAS) of Casualty Actuarial Society
- 5+ years experience in Businessowners actuarial pricing
- Demonstrated history of building great internal and/or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use
- Working knowledge of how Verisk forms, rules and loss cost products are used by carriers, regulators and agents
- Knowledge of Python, Jupyter Notebooks ETL tools, R, SQL, or Business Rules Engines is a plus.
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