Actuarial Opportunities

Verisk Careers | Verisk; Jersey City (NJ); Remote; USD 85,000 - 140,000; Full time

Benefits offered by this job

Healthcare

401(k)

PTO

Flexible work options

Job summary

Verisk is hiring across multiple actuarial levels in Jersey City to support innovative pricing and modeling projects for property, casualty, and liability insurance.

Roles offer collaboration with industry experts, structured career paths, and support for CAS exams, with flexible remote or hybrid arrangements and competitive compensation.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• Progress toward ACAS/FCAS or ASA designation preferred.
• Entry-Level: Internship or up to 2 years in actuarial or insurance analytics; Mid/Senior: 3–7 years in pricing, reserving, or modeling for P&C lines.

Responsibilities

• Data Analysis & Modeling: Apply actuarial and predictive modeling techniques to enhance pricing and risk models.
• Product Development: Create and enhance actuarial products for Commercial Property, Personal Auto, and Liability lines.
• Regulatory & Client Support: Prepare filings, loss cost reviews, and respond to regulatory inquiries.
• Cross-Functional Collaboration: Work with underwriting, compliance, and product development teams.

Skills

Data analysis

Actuarial modeling

Communication

Analytical thinking

Team collaboration

Education

Bachelor's degree in Actuarial Science / Mathematics / Statistics / Economics

Tools

Excel

SQL

Python

R

VBA

Data visualization tools

Job description

• Locations 545 Washington Blvd, Jersey City, NJ, 07310, US (Remote)
• Short Term Incentive Yes
• Long Term Incentive No
• Commission No
• Work Arrangement Remote
• Minimum Salary 85,000
• Maximum Salary 140,000
• Division Underwriting Solutions
• Legal Employer Insurance Services Office, Inc.
• Disclaimer Annualized base pay may vary depending on geographic location, job-related knowledge, skills, and experience

Job Description

We are hiring across multiple actuarial levels—Entry-Level Analysts, Actuarial Associates, Senior Actuarial Analysts—to support innovative projects in property, casualty, and liability insurance. These roles offer opportunities to work on cutting-edge modeling, pricing strategies, and regulatory filings while collaborating with industry experts.

At Verisk, actuarial professionals have the opportunity to shape the future of insurance through data-driven insights and innovative solutions. Our actuarial roles span diverse areas, from pricing and reserving to advanced analytics, leveraging nearly 30 billion statistical records and proprietary tools like the ISO Experience Index and Loss Cost Activity Dashboard. We support continuous professional growth with structured career paths, paid study time for CAS exams, reimbursement for study materials, and clear milestones tied to salary progression. Actuaries at Verisk collaborate with experts in data science, legal, and regulatory affairs, contributing to impactful projects that influence industry standards and regulatory filings. Whether you’re pursuing your credentialing journey or seeking to apply your expertise in a dynamic environment, Verisk offers a platform to advance your career while driving meaningful change in the property and casualty insurance landscape.

Responsibilities

Key Responsibilities

• Data Analysis & Modeling
  • Apply actuarial and predictive modeling techniques to enhance pricing and risk models.
  • Develop trending methodologies and analyze emerging risks (e.g., climate change, liability aggregation).
• Product Development
  • Contribute to the creation and enhancement of actuarial products for Commercial Property, Personal Auto, and Liability lines.
  • Support innovation in rating infrastructure and catastrophe modeling solutions.
• Regulatory & Client Support
  • Prepare filings, loss cost reviews, and respond to regulatory inquiries.
  • Deliver technical support and presentations to insurers, reinsurers, and brokers.
• Cross-Functional Collaboration
  • Work closely with underwriting, compliance, and product development teams.
  • Participate in special projects driving operational efficiency and modernization.

Qualifications

Qualifications

• Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• Certifications: Progress toward ACAS/FCAS or ASA designation preferred.
• Experience:
  • Entry-Level: Internship or up to 2 years in actuarial or insurance analytics.
  • Mid/Senior-Level: 3–7 years in pricing, reserving, or modeling for P\&C lines.
• Technical Skills:
  • Proficiency in Excel; familiarity with SQL, Python, R, VBA, or data visualization tools.
  • Experience with predictive analytics and catastrophe modeling is a plus.
• Soft Skills: Strong analytical thinking, communication, and ability to explain technical concepts to non-technical audiences.

Why Join Verisk?

• Competitive salary and benefits (healthcare, 401(k), PTO).
• Flexible work arrangements (hybrid/remote options).
• Professional development, mentorship, and actuarial exam support.
• Inclusive culture with strong DEI initiatives.

#LI-MC1

About Us

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.

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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.

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.