Business Analyst- P&C

ISO
Jersey City, NJ Full Time
POSTED ON 9/2/2022 CLOSED ON 10/31/2022

What are the responsibilities and job description for the Business Analyst- P&C position at ISO?

Company Description


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.


Job Description


The Statistical Data Management (SDM) division of ISO is responsible for data collected via ISO's statistical plans as well as via alternative data collection methodologies. The Data Validation team, for which you will be working, is part of SDM. The holder of this position will be part of a fast-developing team with the aim to develop and implement data validation tools in support of ISO's data assets. The team also provides enhanced customer tools for quality data reporting. You will apply data management and analytical skills to analyze business requirements and convert them into data validation specifications used in our propriety multiline data quality processes and programs. In addition, as part of this innovative solutions team you will be providing much needed support to improving and modernizing ISO’s internal systems.

The Business Analyst will work within a team environment to identify statistical data requirements, including data quality needs, as well as support activities with data contributors to understand their needs, and contribute to developing innovative solutions that will enhance the value of ISO's data and information assets. The ideal candidate is highly inquisitive, detail-oriented, and a systems thinker who will be able to learn our business logic and systems.

Sound interesting? We excel at learning and development and will provide the tools that will enable you to be successful in this role.

About the Day to Day Responsibilities of the Role

  • Analyze regulatory and business requirements for the development of multiline data validation quality checks and implementation of changes to ISO's data management and reporting systems.
  • Furnish technical specifications for IT development and manage the creation and execution of detailed test plans to validate system changes against functional and quality assurance requirements.
  • Promote and execute quality service by following data quality and customer service standards; analyze and resolve customer data problems; identify trends; and provide suggestions for improvement in data quality review procedures.
  • Develop more efficient, automated ways to improve data quality and error detection processes and systems.
  • Assist with the development of system enhancements through the creation of case studies and detailed test plans.
  • Work cross-functionally with other departments in order to ensure smooth delivery of service enhancements and features.
  • Create queries and extract information from Internal Databases.
  • Build and maintain proper documentation, procedures and guidelines.
  • Prioritize business needs and make considered decisions while handling multiple projects.

#LI-SM1


Qualifications


About You and How You Can Excel in this Role

  • A minimum of 3 years of Property & Casualty insurance experience a must.
  • Bachelor's degree, with emphasis in data analytics, data science, economics, or a related field.
  • Working knowledge and experience with programming languages such as R, Python, XML/JSON and traditional languages such as SQL, Java.
  • Data management experience or knowledge of insurance data management principles.
  • Professional insurance exams such as CPCU, IDMA, CAS, etc.
  • Knowledge of ISO statistical plans or similar statistical reporting experience a plus.
  • Experience working within an Agile framework.
  • Proficiency with spreadsheets (Microsoft Excel) and text editors (Notepad ).
  • Strong written and oral communication skills.
  • Ability to work under time constraints and adjust plans in the face of changing priorities.
  • Capable of working both independently and in a team environment.
  • Passion for problem solving.

Additional Information


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 7th 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.

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.

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