With a history of impressive growth, an innovative culture, and offering industry-leading solutions, Verisk Analytics is an amazing place to work and make a difference. In 2018, Forbes magazine named Verisk to its World’s Best Employers list and, in 2017, to its World’s Most Innovative Companies list for the third consecutive year. We also earned the Great Place to Work® Certification for the third consecutive year in recognition of our outstanding workplace culture.
Verisk is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations integrated into customer workflows. We’ve been delivering predictive analytics and decision support solutions to our customers for nearly 50 years, helping them protect people, property, and financial assets. At Verisk, you’ll be part of an organization that’s committed to serving the long-term interests of our stakeholders, including the communities where we operate.
At Verisk, you can build an exciting career with meaningful work; create a positive and lasting impact on the business; and find the support, coaching, and training you need to advance your career. Our culture of innovation means your ideas on how to improve our business will be heard. As key contributors to our success, our team members enjoy working in a business-casual, collaborative environment that offers state-of-the-art resources, advanced technologies, and an excellent benefits package.
Job Description
The?ISO?unit of Verisk is looking for a Compliance & Product Services (CPS) Analyst.? This is an opportunity for May 2020 graduates to begin their career. The start date for this position is June 2020.
As a Compliance & Product Services team member you will participate in the technical development of new and revised insurance programs in response to the changing business environment for various lines of business. Your focus will be on customer satisfaction, product quality, relevance and timeliness.
To accomplish these goals, you will need to:
Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.
Review laws, regulations and case law for impact on ISO products and insurer procedures.
Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry.
Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state.
Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquires over a wide range of insurance topics.
Develop and present items to panels of insurers on emerging trends and potential revisions.
Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners.
Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market.
Qualifications
Pursuing a bachelor's degree with an expected completion date of May 2020
An interest in P&C insurance
Internship experience with product development, claims, underwriting and/or submitting filings with insurance regulators preferred; not required. Experience involving analyzing and development of forms, rules, and/or rating valued.
Excellent verbal and written communication skills and attention to detail.
Strong organization, research and analytic skills.
Ability to both work independently and collaborate in a team environment
Knowledge of ISO commercial liability/casualty insurance lines procedures is a plus.
CPCU or RPLU exam study or completion is a plus.
Additional Information
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.
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.
