Quick overview
Job description
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.
• 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.
• 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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