Senior Actuarial Consultant

Extreme event solutions - Boston
new offer (28/06/2024)

job description

Job Description
Verisk Extreme Event Solutions is looking for Senior Consultant with an actuarial focus to join the Regulatory and Rating Agency Client Services (RRACS) team, part of the Consulting and Client Service Group (CCSG). The CCSG mission is to build relationships based on detailed knowledge of Verisk’s extreme event models and products and to meet the needs of our clients as they understand their risk and manage their business. The CCSG mission is to build relationships based on detailed knowledge of Verisk’s extreme event models and products and to meet the needs of our clients as they understand their risk and manage their business.
This role centers on facilitating interactions between the insurance industry and those interested in understanding catastrophe models more deeply. This includes projects with stakeholders such as state departments of insurance, federal governments, international regulators, and rating agencies. This role will also interact with teams across Verisk, such as the Verisk/ISO actuarial teams, as Verisk continues to develop modeling solutions and refine products that employ model results.
As the reporting space continues to expand, investigating the impacts of climate change and solvency across more locations and of more lines of business than ever before, Verisk Extreme Event Solutions will continue to be on the forefront of changes across the industry. This provides an excellent opportunity to interact with key stakeholders, influence the future direction of extreme event modeling, and contribute to the conversation of building a more resilient future.
Main Responsibilities:
Proactively develop strong relationships with clients, regulatory, and rating agency contacts to facilitate model education, and understand requirements and changes in the reporting across the industry.
Lead in communication on actuarial topics for client-facing and public-facing materials, such as for the catastrophe modeling submission to the Florida Commission on Hurricane Loss Projection Methodology.
Assist in developing solutions for Verisk Extreme Event Solutions which require actuarial input (such as bringing an understanding of Worker’s Compensation modeling).
Grow model understanding and usage between Verisk business units.
Represent Verisk in a range of forums including client meetings, regulatory reviews, internal and external conferences, and industry events.

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