Job Description

Verisk's Summer Internship Program runs July 1st – September 30th. This is a paid, full‑time opportunity (40 hours per week). Participation requires being located near your assigned office, as the program follows a hybrid model with at least 2 days per week on-site.

We are looking for a two Data Analyst Intern to support our Core Lines organization in Strategic Actuarial Operations Team.

Purpose of the team

The Strategic Actuarial Operations Team helps U.S. insurance companies by forecasting future loss cost changes across various lines of business and states. Our work spans General Liability, Businessowners, Personal Auto, Commercial Auto, Dwelling, and Homeowners. We collaborate closely with teams across Verisk, contributing to innovative projects and delivering valuable solutions to our clients. Additionally, we focus on process improvements by automating existing workflows and creating visualizations of our calculations to enhance efficiency and clarity.

Purpose of the role

• Analyze historical insurance data to ensure accuracy and reliability
• Calculate projected loss cost changes for the upcoming year across specific lines of business
• Present analyses and results to the Actuarial Team
• Prepare and deliver detailed reports to U.S. regulators and clients
• Take action to introduce improvements to your teams’ services through new technologies, improved processes, documentation, and training
• Develop and maintain automations and documentation for repeatable design patterns, to increase system efficiency and lower the human intervention time.
  
  

What you will learn?

• How to understand of the loss cost review process across multiple lines of business
• Ability to analyze large data to identify trends and key loss drivers
• Practical experience in data validations, data quality assessment and preparation of datasets for analysis
• Ability to translate analytical results into clear, structured business recommendations and insights
• Business communication and presentation skills
• You will be familiar with actuarial concepts and insurance pricing principles
• Working with tools such as Excel (advanced formulas, pivot tables) or SQL for business data extraction
• Ability to work both independently and as part of a team
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.