Business Analyst - Strategic Data Standards & Services
Verisk Careers | Verisk
About the role
About
ISO, a business of Verisk, is a leading provider of information and analytics to the insurance industry. We are seeking a Business Analyst to join the Statistical Data Standards & Services Department within the Data Strategy & Services Division. The business analyst will play a major role at ISO supporting Product, Actuarial and Regulatory teams with the development and promotion of industry wide use of our statistical data standards and related services. The analyst will need to learn and apply insurance and data management fundamentals across multiple property/casualty lines of business.
The analyst will be involved in day‑to‑day customer operations such as guiding customers through data reporting requirements, reviewing insurance programs and related coverages, and supporting internal use of the data collected to help enrich ISO's statistical and analytical databases. The ideal candidate is highly inquisitive, detail oriented, and a systems thinker who will be able to learn our business and systems.
Responsibilities
- Work directly with customers and collaborate with many and varied disciplined ISO groups to fully understand and integrate customer insurance program coverage and policy information to prepare robust and effective statistical reporting instructions.
- Assist new and existing customers with statistical reporting which may involve training and explaining in depth the requirements that are expected.
- Gather, identify and analyze requirements for new projects and work requests by performing impact analysis and respond with adjustment or creation of new data capture mechanisms.
- Assist in developing enhanced data management capabilities that serve customers with personalized services in addition to yielding usable data to Verisk.
- Execute processes necessary to prepare data and meet information needs in an accurate and timely fashion.
- Demonstrate initiative through recommending and implementing process improvements that further the long‑term data and analytics strategy of the business unit.
Requirements
- Basic to intermediate knowledge and experience in property/casualty insurance, including exposure to analysis of insurance program coverages, data management and related processes.
- Bachelor's degree in Business related field, or strong relevant background including Economics, Data Analytics or Statistics.
- Strong written and oral communication skills, ability to communicate to companies, business and technical peers.
- Strong attention to detail with a high standard of accuracy and consistency.
- Demonstrate a clear commitment to customer relations, both internal and external.
- Ability to work independently and as part of a team.
- Solid background in Microsoft Office (Word, Excel at minimum).
- Experience with SQL, Snowflake, Sigma and relational database concepts, including extracting and analyzing data, preferred.
- Continued desire and ability to learn. Professional Insurance exams a plus, e.g. CPCU, IDMA, etc.
- Knowledge of ISO Statistical Plans a plus.
About Verisk
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 Estimating 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
Benefits
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.
Equal Opportunity Statement
Verisk Analytics is an equal opportunity employer. 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.
Application
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.
Requirements
- Basic to intermediate knowledge and experience in property/casualty insurance, including exposure to analysis of insurance program coverages, data management and related processes.
- Strong written and oral communication skills, ability to communicate to companies, business and technical peers.
- Strong attention to detail with a high standard of accuracy and consistency.
- Demonstrate a clear commitment to customer relations, both internal and external.
- Ability to work independently and as part of a team.
- Solid background in Microsoft Office (Word, Excel at minimum).
Responsibilities
- Work directly with customers and collaborate with many and varied disciplined ISO groups to fully understand and integrate customer insurance program coverage and policy information to prepare robust and effective statistical reporting instructions.
- Assist new and existing customers with statistical reporting which may involve training and explaining in depth the requirements that are expected.
- Gather, identify and analyze requirements for new projects and work requests by performing impact analysis and respond with adjustment or creation of new data capture mechanisms.
- Assist in developing enhanced data management capabilities that serve customers with personalized services in addition to yielding usable data to Verisk.
- Execute processes necessary to prepare data and meet information needs in an accurate and timely fashion.
- Demonstrate initiative through recommending and implementing process improvements that further the long-term data and analytics strategy of the business unit.
Benefits
Skills
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