Risk Consultant

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 fourth 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. 

Job Description

About the Day-to-Day Responsibilities of the Role

• Perform sophisticated risk analyses using Verisk’s cutting-edge technology for insurers, brokers, and other financial intermediaries in the internationally expanding business of catastrophe risk management
• Add value to modelled results through customization of output tailored to the needs of clients
• Perform change management analyses for updates models and Verisk’s Next Generation Models to assist with client adoption
• Perform portfolio management studies for determining growth strategies, developing scoring templates and risk metrics
• Manage and participate on internal projects such as testing of new software features and model releases
• Communicate directly with clients to develop project timelines and manage deliverable expectations, working jointly with global Verisk teams
• Help clients reliably assess and manage their catastrophe loss potential through interpretation of modelling results
• Provide day to day client support helping clients use Verisk’s software platforms and understand Verisk’s catastrophe models and their output, including providing training sessions to clients.

Qualifications

Requirements:

• Strong analytical and quantitative skills, a solid understanding of probability concepts, excellent problem-solving skills and a commitment to client services.
• Experience Range: 1+ years
• Working knowledge of insurance and reinsurance
• Knowledge of Touchstone Re and /or Touchstone required or equivalent catastrophe modeling platform
• Excellent communication, time management and organizational skills
• Experience using Microsoft Office is essential and knowledge and understanding of the insurance/ reinsurance markets is preferred.
• Ability to code in languages such as SQL, R, Python will be highly beneficial. Knowledge of ArcGIS would be desirable.

Education:

• A degree in science, engineering or mathematics is preferable.