Lead/Senior Actuarial Statistician

The Applied Analytic Resources unit serves a critical function by connecting Analytical RnD efforts with key customer groups and enabling their success.

ISO Innovative Analytics (iiA)Company: ISO Innovative Analytics (iiA)
Location: San Francisco, CA or Jersey City, NJ
Web: www.iso.com

Salary Range: $100-135K base + bonus, commensurate with experience

Company Overview:
ISO Innovative Analytics (iiA), a unit of Verisk Analytics (VRSK), specializes in applying advanced analytical techniques and data management skills to solve challenging problems related to risk and decision-making in a variety of verticals including property & casualty (P&C) insurance, Healthcare, and Financial Services. We combine vast, and often unique and proprietary, data resources with cutting-edge predictive modeling techniques to create the most accurate models in the industry. Our clients use our risk assessment models for competitive gains in their marketing, underwriting and pricing strategies and our fraud detection and audit selection solutions to improve operational efficiencies. Our market position allows us to dedicate unparalleled time and talent to solving the analytic challenges in our target verticals. iiA is an equal opportunity employer.

The Applied Analytic Resources unit of ISO Innovative Analytics serves a critical function by connecting Analytical R&D efforts with key customer groups. It provides the crucial "translation" function, allowing R&D activities to progress unencumbered, while enabling their success by positioning them with key stakeholder groups including - regulators, potential customers, and development partners.

We are currently seeking a bright, analytical, big-picture thinker for the role of Lead Statistician in our Property & Casualty Insurance Vertical. We are looking for your contributions in the following areas:

  • Technical Product Support: Develop technical expertise in iiA products for P&C pricing & underwriting. Explain applications of iiA products to potential customers. Respond to customer questions and interest regarding applications of iiA products. Create content for customer updates; attend client meetings; answer client questions.
  • Product Development and Market Research: Develop applications of R&D efforts to address business problems; assist with development of product specifications and technical documentation; participate in Product Milestone Meetings; Conduct analysis on new modeling features, customer needs, and business impact in the industry and documenting findings.
  • Sales & Marketing Support: Support the development of sales strategies for analytic products; create content for sales presentations; answer questions generated from sales activities; create content for marketing collateral.
  • Filing Support: Support model filing efforts; assist with preparation of Department of Insurance (DOI) presentation and filing material; adjust model output to comply with regulatory requirements; assist with developing answers to DOI questions.
  • Analytic Project Planning and Management: Execute analyses to meet design requirements and project timeline; highlight data, technical, or business issues as soon as possible for resolution.
  • Data exploration and modeling: Apply predictive modeling skills & insurance knowledge to design and develop applications of iiA products to P&C pricing & underwriting solutions; Leverage skills in handling very large datasets, perform sampling, and analysis.
  • Other duties: Perform customized statistical analyses for clients; support Data Management during product development process; support production testing; support maintenance and update efforts; assist with creation and monitoring of model performance metrics.


  • Deep understanding of the business of P&C insurance and insurance data
  • Experience applying advanced predictive analytics to develop insurance rating plans
  • Insurance professional designations that demonstrate industry knowledge are a plus (FCAS, ACAS, CPCU);
  • Graduate degree in quantitative or actuarial field is required.
  • 5+ years experience building and implementing predictive models in the P&C insurance industry, including experience building models on large datasets.
  • Excellent verbal and written communication skills; must be experienced in successfully explaining technical results to technical and non-technical audiences

If you would like to apply for this position, please apply online.

We offer a competitive salary and benefits package including 401(k). We can only respond to candidates selected for consideration. An equal opportunity employer.