This site uses cookies. To find out more, see our Cookies Policy

Personal Property Product Specialist - Actuarial Products in Jersey City, NJ at Verisk Analytics

Date Posted: 3/14/2018

Job Snapshot

Job Description


Verisk Analytics has an amazing story to tell. In 2016, Forbes magazine named Verisk Analytics to its World’s Most Innovative Companies list and to its America’s Best Large Employers list. If you’re looking for a career that transforms, inspires, challenges, and rewards you, then come join us.

At Verisk, you can build a rewarding career with challenging and meaningful work; create a positive, lasting impact on the business; and find the support, coaching, and training you need to advance your career. Our culture of innovation means your ideas on how to improve our business will be heard. As key contributors to our success, our team members enjoy working in a business-casual, collaborative environment that offers state-of-the-art resources, advanced technologies, and an excellent benefits package.

Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. We’ve been delivering data, analytics, and decision support services to our customers for more than 45 years. At Verisk, you’ll be part of an organization that’s committed to serving the long-term interests of our stakeholders, including the communities where we operate.


We are hiring an actuarial expert for the Personal Property & Farm owner line of business. The lines of business included are homeowners, dwelling, personal inland marine, personal liability, watercraft, personal property earthquake, personal lines flood and Farm Owners.


In this role, you will:
  • Be part of the team that leads the innovation and update of insurance programs in response to the changing business environment
  • Utilize your line of insurance expertise to analyze market, industry, competitor, legal and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customers
  • Drive quality results and customer focus into everyday operations


To meet these goals, you will collaborate with Product Strategy Leaders to drive increased product enhancement and development, seeking to differentiate, competitively position and adapt your products, and leverage their value to customers. You will work within a Shared Services model, where you will work with Actuarial Operations  and Analytic Data Management to coordinate actuarial support for key Insurance Programs and Analytic Services (IPAS) functions, including, the preparation of actuarial reviews and filings and supplementary rating information or multi-state rules.


You will be one of the key ambassadors for your products, you will also assist with research within the Actuarial Products team for product enhancements and new product development, utilizing support from Actuarial Operations, Actuarial Procedures, and Analytic Data Management as appropriate.  As product owner, you will be responsible for interacting with regulatory authorities on the filing review and approval process, correspondence and requests for information.

You will drive quality results and emphasize customer focus in all aspects of your work.  This includes responding to developments, leading panels or other customer forums, representing the product to customers, working with the customer engagement and sales team, and being a key customer resource.  You will work to expand the use of ISO products to International markets, and other domestic market segments (e.g. Excess & Surplus Lines), and provide support to ISO's growing customer base.


You will be part of a team that also has primary responsibility for regulatory interactions, including, at times, representing IPAS at meetings with state insurance departments and industry groups. 



  • Minimum 5 years personal property insurance actuarial pricing analysis and product development experience desired.
  • Bachelor's degree or equivalent experience.  ACAS/FCAS preferred
  • Strong analytical skills with proficiency in excel, word and PowerPoint. SAS or R skills will be a plus.
  • Excellent verbal and written communication skills
  • Ability to both work independently and within a team
  • 3+ years’ experience leading team, with strong records of building great internal 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.
  • 3+ years’ experience of strategic thought leadership fueled by deep knowledge of market, industry, customer, and competitor trends and resulting in directional insights and innovations that drive progress towards business objectives.


We are offering an excellent compensation package. Our competitive benefits package includes full health care options, a 401(k) plan, and generous Paid-Time-Off.