Senior Team Leader & Actuary

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Business Description

Verisk Analytics is a multinational data and analytics risk assessment company and a leading source of information about insurance risk. To serve our clients, we draw upon our vast experience in data management and predictive modelling to offer decision analytics to the insurance industry through underwriting to claims management in personal lines, commercial lines, and the London market.

In underwriting we create sophisticated risk models to assist insurers with risk selection and accurate pricing. Our range of models is broad spanning residential and commercial property perils, motor insurance, SME business covers, travel, pet and health insurance. To feed our risk models we source many diverse datasets covering high resolution weather data, property attributes, business activities and financial data, insurance claims and policies, medical information, aerial imagery and geodemographic data.

In claims solutions we support end-to-end claims handling with analytics and automation tools that streamline workflow, improve claims management and support better customer experiences. We also provide a fraud detection service across multiple perils and lines of business. Using intel processing, real-time fraud analysis and image forensics we help detect fraud at every stage of the claim and manage cases more effectively.

Role Purpose

Verisk is looking for a qualified actuary to be client facing, based in London. The successful candidate will also have experience in data science with coding experience in Python and the ability to develop models using GLMs and machine learning. You will have the skills to manage a small group of data scientists and contribute to the development of new and existing products.

This is an exciting and varied role with great potential for career development. We are looking for a motivated and dynamic individual who will enjoy following the process of product development from concept development to execution to customer delivery. Excellent communication skills and commercial awareness are essential. You will have an entrepreneurial mindset, strong technical skills, knowledge of the insurance industry, ability to operate independently in a matrixed organization, work with staff in multiple geographic locations, and own/drive projects to their successful completion.

Role Responsibilities

• Support the Analytics Team build out new analytics products for underwriting and claims

• Supervise and train a small group of data scientists enabling their professional and technical development

• Support the evaluation of new and existing datasets and participate in developing processes to ensure the data quality standards are met

• Provide high quality support to clients including attending meetings to explain analytics products and discuss customer challenges to identify new product ideas

• Collaborate with business leaders across the underwriting and claims divisions to identify and evaluate new product opportunities, specify new product design and functionality

• Provide leadership within the Analytics team to enable continuous review and improvement of our processes, e.g. modelling techniques, model evaluation, documentation, knowledge sharing, QA, professional development etc.

• 
  Actuarial qualification FIA or similar

• 5+ years’ experience in an actuarial role

• Strong understanding of modelling techniques including machine learning from the initial stages of preparing the modelling dataset, EDA and feature engineering, to selecting the appropriate algorithm, developing and refining the model, evaluating and validating the performance.

• Python coding for model development

• Experience working with data, including processes for data validation and quality control

• Excellent written and verbal communication and collaboration skills with internal and external personnel

• Deep industry experience and awareness of challenges faced by the insurance industry

• Experience of supervising/mentoring staff

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We’re also one of the 38 companies on the UK’s Best Workplaces™ list and one of 18 companies on Spain’s Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we’ve grown to provide analytic insights that help transform industries focused on some of the world’s most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

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 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.

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