Business Analyst (Property and Casualty Insurance)

Company: ISO
Location: Jersey City
Posted on: January 16, 2022

Job Description:

Company Description

ISO, a Verisk business, has been a leading source of information about property/casualty insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. To learn more about ISO please visit us at: ---www.verisk.com/iso. We are proud to be a part of the Verisk family of companies!

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.

It's the reason Verisk is part of the UN Global Compact sustainability initiative. It's why we made a commitment to balancing 100 percent of our carbon emissions. It's the aim of our "returnship" program for experienced professionals rejoining the workforce after time away. And, it's what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers' problems.

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do.

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work-- Certification for the fifth consecutive year. We've been recognized by Forbes as a World's Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce. Verisk's Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.

Job Description

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 Strategic Data Operations 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 different ISO groups to fully understand and integrate customer insurance program coverage and policy information to prepare robust and effective data capture mechanisms.
• Gather and analyze requirements for new projects and work requests and perform gap, risk and impact analysis.
• Assist in developing enhanced data management capabilities that serve customers with personalized services.
• Execute processes necessary to prepare data and meet information needs in a timely fashion.
• Demonstrate initiative through recommending and implementing process improvements that further the long-term data and analytics strategy of the business unit.
  Qualifications
  
  • 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.
  • Strong written and oral communication skills, ability to communicate to both business and technical peers.
  • Demonstrate a clear commitment to customer relations, both internal and external.
  • Ability to work independently and as part of a team.
  • Experience with SQL and relational database concepts, including extracting and analyzing data preferred.
  • CPCU 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.
    
    http://www.verisk.com/careers.html
    
    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.
    
    Consumer Privacy Notice
    
    At Verisk, the health and safety of our people is our number one priority. Effective November 15, 2021, and subject to applicable law, all prospective hires for office based roles or roles that support any of our businesses' government contracts will be required to demonstrate that they are fully vaccinated against COVID-19 by their start date, or qualify for a legally-required medical or religious accommodation to this vaccination requirement, as a condition of employment. Hired candidates who do not demonstrate that they are fully vaccinated against COVID-19 by their start date, and who have not been approved for a legally-required medical or religious accommodation will no longer meet the requirements for employment and their offers of employment will be immediately rescinded, in accordance with applicable law.

Keywords: ISO, Jersey City , Business Analyst (Property and Casualty Insurance), Professions , Jersey City, New Jersey