Verisk is hiring a

Statistical Data Analyst

Jersey City, United States
Full-Time

If you have a passion for detail and a deep understanding of Statistical Reporting in the P&C industry, this is the opportunity for you. We are expanding our team of business analysts so that we can effectively partner with our clients to understand their policy and claims data and help them transform their bureau reporting processes. We need people who can combine an understanding of data management, regulatory requirements, and client engagement skills to be part of our journey.

The Business/Data Analyst will be responsible for providing requirements specifications for new and changes to existing regulatory reporting. This includes new requirements from the bureaus and coordinating with the regulatory reporting business unit, application, and reporting teams.

Responsibilities:

  • Broad and deep understanding of policy, premium, claim, and loss data for the P&C insurance industry.
  • Work closely with data reporting business units and understand client’s Policy Admin and Claims datasets and able to map this data to internal data warehouse/data model standards.
  • Document client data sources and perform gap analysis to identify data transformation and quality requirements.
  • Work closely with ETL team to implement data transformation rules, data validations in the data warehouse.
  • Excellent documentation capabilities for business requirements gathering such as user stories, functional specs, data mapping, wireframe/prototyping, and systems design, including data migration rules, business rules, wireframes, or other detailed deliverables.
  • Document data sources on client projects and perform gap analysis to identify the inflow of bad data into the data warehouse and develop recommendations and solutions.
  • Gather business requirements for the data warehouse and derive the data requirements and data fields for data warehouse implementation.
  • Coordinate with data reporting teams to understand their requirements and represent them to the data warehousing organization.
  • Development of test cases, SQL scripts for Unit testing, and performance testing
  • Responsible for assessing data gaps for P&C Insurance clients and developing industry best practices and solutions for business problems for internal and external stakeholders.
  • Responsible for working with business users and leading all testing efforts for the Unit, QA, and User acceptance testing phase.
  • 3 years of experience in data architecture and data analysis practice in the P&C Insurance industry
  • 2+ Hands-on experience in developing business design specifications, technical design specifications, and developing data validation test cases
  • 2+ years of hands-on experience in the Insurance Data model and able to create/maintain/coordinate business glossaries with project stakeholders.
  • 2+ years of experience in Commercial and Personal line statistical data and regulatory requirements for ISO/NISS/CAR/ISS or any other statistical agency
  • Data Mapping hands-on expertise, able to understand business requirements and derive data dictionary and data requirements.
  • Experience in functional requirement documentation preparation, performing document reviews, and developing data flow diagrams.
  • Understanding of ETL tools, able to interact with ETL development team and create source-to-target mapping and technical specifications.
  • Experience working both independently and, in a team-oriented, collaborative environment is essential.
  • Excellent communication, both written and verbal, and interpersonal skills and involvement in project scoping, effort estimations, and status reporting. Strong Technical Writing skills
  • Experience in one of the Policy and Claims systems is preferable – Guidewire, Duck Creek, Majesco, etc.

We are offering an excellent compensation package. Our competitive benefits package includes full health care options, a 401(k) plan, and generous Paid-Time-Off.

#LI-ZP1

#LI-Hybrid

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, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, 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 and Best Employer for Women, 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

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

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

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.

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 disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 

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