Actuarial Associate, Casualty
Verisk
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- Location
- Jersey City, NJ
- Job type
- Full time
- Posted
- Oct 6
- 13 days ago
Career path
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About the company
Verisk
Information services · 5,001 to 10,000 employees
What you'll do
- Support the development of actuarial product solutions to help the industry price and manage non-admitted risks in the casualty market.
- Apply actuarial expertise to complex casualty risks and problems.
What you need
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Bachelor’s degree in actuarial science, mathematics, statistics, or related majors. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">At least 4 – 6 years of actuarial experience with a focus on casualty pricing required. E&S casualty experience would be a plus. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Associate of the Casualty Actuarial Society (ACAS) required. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Proficiency in actuarial software and tools (e.g., SAS, R, Python, and Excel). Proficiency in SQL required. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="color: black;"><span style="font-size: 12pt;">High degree of agency and ownership; demonstrated ability to operate independently, drive projects forward with limited oversight, and take accountability for outcomes across the full lifecycle of a process or product build.</span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Data management skills or knowledge of insurance data management and databases required. Familiarity with Snowflake and DBT is a plus.</span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Experience with generative AI tools in a production environment would be a plus. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Demonstrated ability to work effectively under uncertainty and ambiguity. Experience working with complex and diverse datasets and non-standardized processes. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Good interpersonal, oral, and written communication skills. Ability to convey technical actuarial concepts to non-actuarial or technical stakeholders. </span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Comfort working simultaneously with multiple external client teams and internal stakeholders to advance actuarial solutions to their unique technical problems.</span></span></p>
- <p style="background-color: white; line-height: normal;"><span style="background-color: white; color: black;"><span style="font-size: 12pt;">Reserving experience and predictive modeling experience is a plus. </span></span></p>
Key skills
casualty pricingindustry experienceactuarial creativity
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Read the full posting here
The Excess and Surplus Lines unit is looking for an Actuarial Associate to contribute their casualty pricing knowledge and experience in Verisk’s product suite supporting non-admitted/E&S casualty lines of business.
The Actuarial Associate will join our growing actuarial team and be responsible for supporting our development of innovative actuarial product solutions to help the industry better price and manage non-admitted risks in the casualty market.
In this role, you will bring your technical expertise and industry experience to bear onto some of the most challenging, unconventional, and complex risks and problems in the casualty market. Working in a space of ambiguity and uncertainty, you will be able to apply your actuarial creativity in a fast-moving segment not subject to standard rate and form requirements and build solutions for a rapidly evolving industry segment with significant growth potential.
Your work will have a direct impact on Verisk’s strategic vision to provide