Senior Business Analyst (P&C Insurance)

ISO, a business of Verisk, is a leading provider of information and analytics to the property/casualty insurance industry. We are seeking a Senior Business Analyst to join the Statistical Data Standards & Services team within Data Acquisition.

This role is ideal for an insurance professional who enjoys understanding insurance products and coverages, working with data, solving complex business problems and collaborating directly with customers. The analyst will support Product, Actuarial and Regulatory teams in the development and industry-wide use of ISO statistical data standards and related services.

The analyst will learn and apply insurance and data management fundamentals across multiple property/casualty lines of business. Day-to-day responsibilities include guiding customers through statistical reporting requirements, reviewing insurance programs and related coverages, and supporting the internal use of collected data to enrich ISO's statistical and analytical databases.

Responsibilities

• Analyze insurance products, policy forms, coverages and company-specific programs to determine appropriate statistical reporting treatment and data requirements.
• Work directly with customers and collaborate with cross-functional teams to understand customer insurance programs, coverages and policy information and develop clear and effective statistical reporting instructions.
• Assist new and existing customers with statistical reporting, including training and explaining reporting requirements.
• Gather and analyze requirements for new projects and work requests, perform impact analysis, and support adjustments to or creation of new data capture mechanisms.
• Assist in developing enhanced data management capabilities that provide value to customers while yielding usable data to Verisk.
• Execute processes necessary to prepare data and meet information needs accurately and in a timely manner.
• Recommend and implement process improvements that support the long-term data and analytics strategy of the business unit.

Qualifications

• Working knowledge and at least 2 years of experience in property/casualty insurance, including exposure to insurance products, coverages, policy data, data management and related processes.
• Bachelor's degree in Business, Insurance, Risk Management or a related field, or equivalent relevant property/casualty insurance experience.
• Strong written and verbal communication skills, with the ability to communicate effectively with customers and business and technical colleagues.
• Strong attention to detail with a high standard of accuracy and consistency.
• Demonstrated commitment to developing strong internal and external customer relationships.
• Ability to work independently and collaboratively as part of a team.
• Proficiency with Microsoft Office, including Word and Excel.
• Experience working with insurance data and performing data analysis is preferred. Familiarity with SQL, Snowflake, Sigma or relational database concepts is a plus.
• Experience leveraging AI and automation tools to improve operational processes, analysis, documentation or decision making is a plus.
• Desire and ability to continuously learn. Professional insurance designations or coursework, such as CPCU or IDMA, are a plus.
• Knowledge of ISO Statistical Plans is a plus.

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For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property and Restoration Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. 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. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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