Senior Actuarial Analyst - Business Owners (BOP)
Verisk, Jersey City, NJ, United States
Overview
The Business Owners Product team is responsible for analyzing and creating pricing for new and emerging insurance risks; performing deep dives into pricing methodologies with the goals to enhance and innovate pricing of existing products and coverages; leading efforts in secure filing of pricing changes; providing supports for filings of coverage changes; and maintaining customer focus in all their work. The successful candidate will enjoy identifying and solving complex actuarial problems, be comfortable working with team members on high-profile projects and own part of the processes and have the ability to explain work in non-technical contexts to internal and external customers. Responsibilities
The role will focus on supporting Business Owners ratemaking and loss cost reviews, therefore a strong understanding of basic ratemaking and proficiency in data analysis are strongly preferred. This person will be expected to make recommendations and selections under the existing ratemaking framework as well as guide further enhancements to the process. It will require frequent communication with many of the functional areas of the ISO Underwriting organization. In addition, this person may represent Business Owners supporting cross-LOB initiatives and Reimagine initiatives.
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The Business Owners Product team is responsible for analyzing and creating pricing for new and emerging insurance risks; performing deep dives into pricing methodologies with the goals to enhance and innovate pricing of existing products and coverages; leading efforts in secure filing of pricing changes; providing supports for filings of coverage changes; and maintaining customer focus in all their work. The successful candidate will enjoy identifying and solving complex actuarial problems, be comfortable working with team members on high-profile projects and own part of the processes and have the ability to explain work in non-technical contexts to internal and external customers. Responsibilities
The role will focus on supporting Business Owners ratemaking and loss cost reviews, therefore a strong understanding of basic ratemaking and proficiency in data analysis are strongly preferred. This person will be expected to make recommendations and selections under the existing ratemaking framework as well as guide further enhancements to the process. It will require frequent communication with many of the functional areas of the ISO Underwriting organization. In addition, this person may represent Business Owners supporting cross-LOB initiatives and Reimagine initiatives.
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