Job Description

Are you passionate about solving complex actuarial challenges and shaping the future of insurance products? Join our dynamic Business Owners Actuarial Product team as an Actuarial Associate, specializing in Farmowners insurance. In this pivotal role, you'll help drive innovation in pricing methodologies, analyze emerging risks, and support enhancements for our Farmowners program.As part of the Businessowners Product team, you'll collaborate with cross-functional partners to develop and refine pricing strategies for new and existing products. You'll lead and participate in high-impact projects, contribute to secure regulatory filings, and ensure our offerings remain competitive and customer-focused.We are looking for an Actuarial Associate to join the Businessowners Actuarial Product team, specializing in Farmowners.The Businessowners Product team is responsible for Businessowners and Farmowners. The team is responsible for analyzing and creating pricing for new and emerging insurance risks; performing deep dives into pricing methodologies with the goals to enhance and innovate pricing of existing products and coverages; leading efforts in secure filing of pricing changes; providing supports for filings of coverage changes; and maintaining customer focus in all their work.The successful candidate will enjoy identifying and solving complex actuarial problems, be comfortable working with team members on high-profile projects and own part of the processes and have the ability to explain work in non-technical contexts to internal and external customers. The role will focus on supporting the Farmowners program. This will include ratemaking and loss cost reviews as well as general product support and enhancements. Familiarity with Farmowners insurance or similar coverages is strongly preferred. The ideal candidate will also have an understanding of coverage forms and language, rating rules, and the insurance market.In addition, this person will work closely with our coverage team and may represent Farmowners supporting cross-LOB initiatives and Reimagine initiatives.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, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, 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, 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 BusinessesUnderwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precisionClaims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiencesProperty and Restoration 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 efficientSpecialty 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 governanceCatastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagementLife 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 strongerVerisk Analytics is an equal opportunity employer.Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.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. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.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.Verisk Employee Privacy NoticeBachelor’s degree in Mathematics, Statistics, Actuarial Science or related majorsACAS preferred5+ years of P&C actuarial experience; property and/or pricing experience preferredFamiliarity with Farmowners insurance or similar coverages is strongly preferredExperience in quantitative and qualitative data analysis strongly preferredDemonstrated ability to lead initiatives, work independently and as part of a teamStrong interpersonal, oral, and written communication skills, including presentation skillsKnowledge of market, industry, customer, and competitor trendsFamiliarity with predictive analytics modeling preferred but not requiredStrong computing skills desired, such as SAS, SQL, Python, Access, and Excel#LI-MC1 #RemoteWork on projects independently or in collaboration with other functional areas that target on developing enhancements and innovations to actuarial products and procedures for the ISO Farmowners programCollaborate closely with other ISO divisions on new products that may be actuarial or underwriting focusedMaintain a high level of customer engagement through product presentations and responses to customer inquiriesProvide actuarial analyses in supporting, maintaining and enhancing existing Farmowners actuarial productsAnalyze market, industry, competitor, legal, and regulatory trends and use these to provide actionable insights that drive the business of both the company and its customersInteract with regulatory authorities to support filings of loss cost reviews and new/enhanced productsFull timePosting Date: 2026-10-06

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