Actuarial Director - Businessowners Program (BOP)

Jersey City, NJ, United States

Job Description

Verisk is looking for a Director who can drive actuarial innovation and build upon the Businessowners Program's market competitiveness.

To help insurers keep pace with the changing nature of today's business exposures, as well as increase profitability and expand into new markets, Verisk has announced the launch of its latest update to the ISO Businessowners (BOP) program.

Responsibilities

• Enhance and innovate the Businessowners actuarial products and procedures to deliver consistent value add to the industry and bring new offerings to the market
• Provide actuarial analyses in supporting, maintaining and enhancing existing Commercial General Liability actuarial products
• Interact with regulatory authorities to support filings of loss cost analyses and new/enhanced products
• Manage, motivate, and develop a team of Businessowners actuarial experts to drive results and customer focus into everyday operations
• Collaborate with a team of coverage and product management colleagues to deliver timely and relevant Businessowner product updates and innovations to the market
• Build and maintain a customer focus through product presentations, responses to customer inquiries, and presenting at panel meetings or other customer forums

Qualifications

• Fellow (FCAS) or Associate (ACAS) of Casualty Actuarial Society
• 5+ years experience in Businessowners actuarial pricing
• Demonstrated history of building great internal and/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
• Working knowledge of how Verisk forms, rules and loss cost products are used by carriers, regulators and agents
• Knowledge of Python, Jupyter Notebooks ETL tools, R, SQL, or Business Rules Engines is a plus

About Verisk

Verisk is the leading data analytics and technology partner to the global insurance industry, delivering value to our clients through expertise and scale.

We empower communities and businesses to make better decisions on risk, faster.

Verisk is an equal opportunity employer and offers a competitive total rewards package, including base salary, commission-based pay, and discretionary incentive compensation.

We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.