Actuarial Analyst II

$126,277 - $131,277/Yr

Insurance Services Office - Jersey City, NJ

Full-time - Mid Level

Jersey City, NJ

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About the position

The Actuarial Analyst II position at Insurance Services Office, Inc. involves managing the E&R property team to enhance core products, developing pricing models, and collaborating with clients and other business units. The role requires a strong background in actuarial science and experience in reinsurance and data analysis.

Responsibilities

• Manage the E&R property team for identifying and expanding model and parameter enhancements to core products.
• Develop, modify, and run property per risk pricing models for S and International business.
• Recreate and treat clients on complicated spreadsheet macros and formulas underlying legacy property actuarial models.
• Analyze various property exposures with clients and supervise the production of sample case study reports.
• Respond to questions from insurers and reinsurers regarding installation and usage of property products.
• Integrate with other Verisk property products and collaborate with other business units.
• Make presentations to Panels on property topics and provide updated materials.

Requirements

• Bachelor's degree in Mathematics, Actuarial Science, or a related field.
• 3 years of experience as an Actuarial Analyst or in a related occupation.
• Experience with reinsurance coverages including treaty and facultative.
• Ability to explain reinsurance technology to non-technical audiences.
• 2 years of experience with actuarial methodologies, programming skills (Excel, VBA, SQL), and data analysis.

Benefits

• Salary range of $126,277 to $131,277 per year.