Role Summary
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Associate-level P&C actuarial product role focused on Commercial Property and related specialty property lines based in Jersey City, NJ. You will develop and update rating factors and loss costs, perform ratemaking and data analysis, support rate filings, and present actuarial rationale to senior management and customers. The role sits on Verisk's Commercial Property Actuarial Product team and blends technical actuarial work with business partnership and client interaction.
JOB DESCRIPTION SUMMARY
- Develop and update rating factors and loss costs for commercial property lines
- Perform ratemaking analyses and data-driven recommendations
- Support products through the rate filing process
- Communicate actuarial rationale to senior management and customers
- Work on Verisk's Commercial Property Actuarial Product team in Jersey City, NJ
DOMAIN EXPERTISE
- Commercial property ratemaking
- Commercial inland marine and equipment breakdown exposure analysis
- Rate filing support
- Data analysis for ratemaking
KEY REQUIREMENTS
- Solid understanding of basic ratemaking (required)
- Proficiency in data analysis (required)
- Ability to document work and follow actuarial standards of practice
- Experience supporting rate filings (expected)
- Strong verbal communication with senior stakeholders and customers
TECH STACK
- No tech stack specified