Director, ISO Innovation

  • Full-time
  • Verisk Business: ISO

Company Description

ISO, a Verisk business, has been a leading source of information about property/casualty insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. To learn more about ISO please visit us at:  www.verisk.com/iso. We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.  

Job Description

  • Lead the efforts of business case development for breakthrough ideas, including: leading idea teams through market analysis and competitive research, asking de-risking questions, defining value props, revenue channels, and developing baseline financial models
  • Evangelize intrapreneurial concepts, such as lean-startup principles, within the organization
  • Ability to nurture ideas and coach teams on how to stay in the problem space, identify customer pain/problems, ask hard questions, fail fast/learn fast, and question assumptions in a constructive way
  • Apply market research and analysis on innovative opportunities to drive continued innovation and growth for ISO
  • Proactively partner with all Verisk BU’s on innovation initiatives to identify opportunities to collaborate. Engage with and challenge internal business partners to uncover opportunities and challenges and distill insights to share company-wide.
  • Evangelize awareness of the ISO Greenhouse and solicit ideas from business units.
  • Nurture feedback loops and ensure learnings from customers, partners, and in-house teams are incorporated into the continuous improvement of the innovation engine
  • Develop partnerships with resources/advocates across the organization required to drive the innovation engine forward.
  • Support the identification of innovation mentors and solicit their participation in the ISO Innovation Accelerator
  • Engage with external accelerators to identify potential partnership opportunities
  • Represent the ISO Innovation team by attending events and being active in the Verisk community

Qualifications

  • Bachelors degree.
  • 6-8 years of experience in product development, innovative entrepreneurship, and/or business & market analysis.
  • Excellent interpersonal, oral and written communication skills, including presentation skills. Ability to communicate effectively (verbally and in writing) with internal staff and external stakeholders
  • Strong critical thinking, analytical problem-solving and negotiating skills; business creativity is a must. The Director of Innovation must combine a deep innate passion for solving problems, strong vision and a strategic mind.
  • Highly motivated with the ability to work in a fast paced, dynamic, revenue generating environment

Additional Information

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 disability.

http://www.verisk.com/careers.html

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.

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