Verisk · 1 day ago
Actuarial Analyst | 2026 Early Career Foundations Program
Jersey City, NJ
Full-time
Hybrid
New Grad, Entry LevelVerisk is a leading data analytics and technology partner for the global insurance industry. The Actuarial Analyst will participate in the Early Career Foundations Program, working closely with actuaries to enhance and implement client-oriented FAST solutions while developing essential professional skills.
AnalyticsFinancial ServicesHealth CareInformation ServicesInsurancePublic RelationsRisk Management
No H1B
Responsibilities
90% - 100% Works on single or multi-product projects, usually with multiple computer environments where design is extremely complex:
Develops detailed understanding of customer’s products and how customer’s products will be integrated with the FAST solution collaborating with the customer’s actuarial resources
Interviews customer peers during requirements gathering exercises and documents findings
Participates in and, will eventually, facilitate and manage design sessions regarding business functionality and/or product logic with customer(s)
Tests FAST system against customer’s system
Identifies gaps between customer requirements and FAST solution and will learn to propose ideas to address these issues
Contributes to and eventually authors detailed actuarial specifications and functional specifications from limited BSR(s), or with no BSR(s), through independent discussions with customers
Performs product loading and values testing
Learns and will use detailed knowledge of regulations, calculations and processing, and participates in and will eventually routinely guides detailed discussions with customers regarding at least two (2) of the following product types: UL/VUL, Traditional Products, Deferred Annuities and Immediate Annuities
Shares business knowledge with peer business analysts through mentoring and/or group presentations
Learns functional specifications for multiple FAST solutions: Home Office, Administration, Payout Administration, Application, Underwriting, Illustrations Calculations, Illustrations and Technical Integration
Contributes to estimating time frames, quality and quantity of resources required to successfully implement project
Provides periodic status checks with customers and team to assess progress against plan
Prepares status reports, as needed, on product related project activities
10% Serves as pre-sales support and post-sales technical support specialist when needed
Qualification
Required
Bachelor's degree in mathematics or actuarial science required
Must have a graduation date in May/June 2026 to be eligible for this role
Proficient in SQL and MS Excel
Preferred
Actuarial exams desirable
Internship experience in the life and/or financial services industry, relevant industry business practices, business consulting, or technical consulting is a plus
Benefits
Health Insurance
A Retirement Plan
Disability benefits
A Paid Time Off program
Company
Verisk
Verisk Analytics is a data analytics and risk assessment firm for the insurance sector.
Founded in 1971
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$2.4B2025-08-07Post Ipo Debt· $1.5B
2024-05-21Post Ipo Debt· $400M
2023-03-03Post Ipo Debt· $500M
Leadership Team
Lee Shavel
President and Chief Executive Officer
Samantha Vaughan
VP Corp. Compliance Governance & CPO
Recent News
Beinsure - Insurance, Reinsurance, InsurTech Insights
2026-01-14
Beinsure - Insurance, Reinsurance, InsurTech Insights
2026-01-14
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