Speciality Lines Pricing Actuary

2 weeks ago


Jersey City, United States Verisk Full time
Job Description

About the Role

The Excess and Surplus Lines product team is looking for an E&S Pricing Actuary to contribute their knowledge and experience to developing Verisk’s product suite supporting the non-admitted market. The E&S Pricing Actuary will be responsible for leading the development of innovative actuarial product solutions to help the industry better price and manage non-admitted risks. Your technical expertise and industry experience will have a direct impact on Verisk’s strategic vision to provide data-driven analytical solutions to this fast-growth segment in the property/casualty industry.

About the Day-to-Day Responsibilities of the Role

Conceptualize and execute the development of market-specific analytics and pricing solutions for E&S customers. Collaborate with cross-functional teams to deliver solutions to customers. Provide industry and actuarial expertise to support the buildout of data intake processes for contributory E&S premium, loss, and exposure data. Analyze contributory, proprietary and other third-party data to identify and execute on new E&S product opportunities. Prepare and present actuarial analyses and reports to senior management and other stakeholders. Assist in relevant customer- and market-facing projects and engagements Liaise closely with other business units and experts across Verisk, including data operations, analytics, and commercial and personal lines actuarial.

Qualifications

About You and How You Can Excel in This Role

Bachelor’s degree in actuarial science, mathematics, statistics, or related majors. At least 6 – 8 years of pricing experience in excess and surplus lines, with a focus on commercial casualty strongly preferred. Associate of the Casualty Actuarial Society (ACAS) required. Proficiency in actuarial software and tools (, SAS, R, Python, and Excel). Proficiency in SQL required. Data management skills or knowledge of insurance data management and databases is a plus. Good interpersonal, oral, and written communication skills. Ability to convey technical actuarial concepts to non-actuarial or technical stakeholders.

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