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Risk Analyst - job 1 of 3

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 Extreme Event Solution team within Verisk is looking for an enthusiastic, passionate and ambitious Risk Analyst to join our Consulting and Client Service Team. The mission of our team is to build client relationships based on the detailed knowledge of the Verisk Extreme Event Solution’s products to meet the needs of our client’s modeling workflow, so they can easily understand their risk.  We strive to provide exemplary service and support that allows clients to obtain the maximum value from the products and services they license from Verisk.

If you are looking for an opportunity to expand your career and join a company who is committed to diversity, while informing and influencing the future direction of extreme event modeling, please apply now!

Main Responsibilities:

  • Perform sophisticated risk analyses using Verisk's cutting-edge technology for insurers, brokers, reinsurers, and other financial intermediaries in the internationally expanding business of extreme event risk management
  • Respond to client questions in a timely manner and help bring them to a speedy and accurate resolution by working collaboratively with our internal teams
  • Design and deliver trainings to new and existing clients across the full range of our solutions to an audience with a mixed experience level
  • Perform a wide range of risk analyses in support of consulting projects, client support, and internal initiatives
  • Communicate directly with clients to develop project timelines and manage deliverable expectations
  • Employ project management best practices when performing consulting studies and other mid- to large-scale projects
  • Develop strong relationships with model users and consumers of model results within our clients; learn their workflows and objectives, and provide proactive service to help them avoid pitfalls and to leverage our solutions optimally
  • Lead the onboarding efforts for new clients in close coordination with our internal teams as needed.  This includes training, workflow design, the usage and interpretation of model results, and addressing challenges related to adopting or transitioning to AIR
  • Work closely with our business development and senior management teams to develop and maintain client-specific performance objectives
  • Support model and product change management efforts when model updates or new features are introduced in our software
  • Provide input to our internal teams regarding the evolution of our products based on client feedback and your internal usage of our products.  Remain engaged with the internal teams through feature design, development, and release
  • Support our business development team in sales efforts in a technical and pre-sales support capacity
  • Represent Verisk in a range of forums including at our conferences, industry events, media opportunities, and one-on-one meetings
  • Serve as an ambassador of Verisk to our clients and prospects

Knowledge, Skills, and Abilities: 

  • Ability to analyze data using analytical tools
  • Ability to manage multiple projects
  • Proactive problem-solving skills
  • Detailed and Results orientated
  • Client Service focused
  • Fluency in Spanish is a plus

Qualifications

  • Bachelor’s Degree that included quantitative courses such as mathematics, actuarial science, business, or computer science

#LI-ZP1

#LI-Hybrid

Additional Information

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, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, 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 and Best Employer for Women, 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 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 disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 

Average salary estimate

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What You Should Know About Risk Analyst, Verisk

At Verisk, we are looking for an enthusiastic Risk Analyst to join our Extreme Event Solution team in Boston, MA. This position offers a unique opportunity to play a critical role in helping clients navigate the complex landscape of extreme event risk management. In your role, you will perform sophisticated risk analyses using our cutting-edge technology, ensuring that insurers, brokers, reinsurers, and various financial intermediaries fully understand their risk exposures. Your ability to foster strong client relationships will be essential as you respond to inquiries, deliver trainings, and manage the onboarding of new clients. You will collaborate with internal teams to deliver exceptional service and support, ensuring clients receive maximum value from our modeling solutions. Creativity, analytical skills, and a results-oriented mindset are key qualities that will help you thrive in this role. Plus, if you have a passion for data analysis, proactive problem-solving, and a client service focus, we want to hear from you! Join us at Verisk, where inclusion and diversity are at our core, and be part of a team that empowers businesses and communities to make informed decisions about risk. Together, we can create a better tomorrow for everyone.

Frequently Asked Questions (FAQs) for Risk Analyst Role at Verisk
What are the main responsibilities of a Risk Analyst at Verisk?

As a Risk Analyst at Verisk, your main responsibilities will include performing detailed risk analyses using advanced technology, communicating with clients to develop project timelines, and managing client expectations. You will also lead training sessions for clients, assist in onboarding new clients, and provide support during consulting projects.

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What qualifications do I need to work as a Risk Analyst at Verisk?

To apply for the Risk Analyst position at Verisk, you should have a Bachelor’s Degree that includes quantitative courses such as mathematics, actuarial science, business, or computer science. Additionally, proficiency in analytical tools and the ability to manage multiple projects will be beneficial.

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How does Verisk support its Risk Analysts in their career development?

Verisk is committed to professional growth, offering training, coaching, and opportunities for mentorship. As a Risk Analyst, you will be encouraged to engage with internal teams for feedback, participate in industry forums, and develop your skills through diverse projects.

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What is the team environment like for Risk Analysts at Verisk?

The environment at Verisk is collaborative and inclusive. Risk Analysts work closely with various internal teams and senior management to support client initiatives, ensuring that teamwork is integral to delivering exceptional service and achieving client satisfaction.

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Does Verisk offer any flexibility in remote work for Risk Analysts?

Yes, Verisk promotes work-life balance and offers hybrid working arrangements for Risk Analysts, allowing a mix of in-office and remote work. This flexibility helps foster a healthy and productive work environment for all employees.

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Common Interview Questions for Risk Analyst
What methods do you use to perform risk analyses?

When answering this question, discuss specific analytical tools and techniques you’ve used, such as statistical software or modeling frameworks. Highlight your understanding of how these methods help assess risk effectively.

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How do you prioritize tasks and manage multiple projects as a Risk Analyst?

Use this opportunity to share your project management techniques, such as using task lists, software tools for tracking deadlines, and setting priorities based on client needs. Discuss how effective communication with team members contributes to your prioritization process.

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Can you provide an example of how you've resolved a challenging client issue?

Share a specific experience where you faced a complex client issue, detailing the steps you took to analyze the problem, communicate with the client, and collaborate with your team to find a solution. Focus on your proactive problem-solving skills.

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What is your approach to developing client relationships?

Discuss your philosophy on building trust and rapport with clients, such as being attentive to their needs, maintaining regular communication, and demonstrating expertise in risk management. Provide examples of how these approaches have led to successful outcomes.

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How do you stay current with developments in risk management and analytics?

Describe your strategies for continuous learning, such as attending conferences, subscribing to industry publications, and participating in professional networks. Emphasize how your commitment to staying informed benefits your role at Verisk.

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How would you handle feedback from clients regarding our modeling solutions?

Explain how you view client feedback as an opportunity for improvement. Stress the importance of actively listening, understanding their concerns, and collaborating with the team to address any issues or implement changes based on their input.

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What experience do you have conducting training sessions for clients?

Share your experience directing training sessions, discussing methods you used to engage clients and assess their understanding. Emphasize how you tailor your training to different skill levels and ensure that clients feel confident using the software.

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What role does data analysis play in your position as a Risk Analyst?

Highlight the significance of data analysis in understanding risk patterns and informing decision-making processes. Discuss specific examples of how data analysis has helped guide clients in managing risk more effectively.

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How do you ensure accuracy in your risk reports?

Discuss your attention to detail and the steps you take to cross-check information, validate data sources, and collaborate with colleagues for reviews. Highlight practices that ensure your reports are trustworthy and represent a comprehensive understanding of the risks involved.

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What interests you about working at Verisk?

Express your enthusiasm for Verisk's mission and culture, particularly its commitment to innovation and diversity. Discuss any specific aspects of the company or team environment that resonate with your career goals and personal values.

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Diversity of Opinions
Work/Life Harmony
Empathetic
Feedback Forward
Take Risks
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Medical Insurance
Dental Insurance
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Life insurance
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Health Savings Account (HSA)
Flexible Spending Account (FSA)
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Equity

To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

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Full-time, hybrid
DATE POSTED
December 12, 2024

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