At Verisk Analytics, 78 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 1111 employee surveys, with a 90% confidence level and a margin of error of ± 2.16. It was published on Sep 14, 2016. 4982 Visitors

What Employees Say

I am able to take time off from work when I think it's necessary.
90%
 
Management is honest and ethical in its business practices.
83%
 
I'm proud to tell others I work here.
83%
 
I feel good about the ways we contribute to the community.
82%
 
I can be myself around here.
82%
 

What They Do

We asked Verisk Analytics to explain what they do. Here is what they had to say.

Verisk Analytics (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, natural resources, financial services, government, and risk management.

About this Company

Website: http://www.verisk.com/ Industry: Professional Services
US Headquarters: Jersey City, New Jersey US Sites: 36
Major Locations: Carlsbad-GreyHawk, California; San Francisco, California; Boston, Massachusetts; Lexington, Massachusetts; North Reading, Massachusetts; Mt. Laurel, New Jersey; White Plains, New York; Beachwood, Ohio; Houston, Texas; Lehi, Utah US Employees: 4,679
Employees Worldwide: 6,250 Corporate Structure: Public
Stock Symbol: Nasdaq:VRSK Founded: 1971

Perks and Programs

We asked Verisk Analytics to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Employee Stock Purchase Program: Verisk employees can purchase company shares at a discounted rate. Payment is through payroll deductions.
  • Employer Match to Employee Contributions to the 401(k) Plan: Offered through The Principal, the plan offers employees a tremendous array of investments across many asset class categories. Before-tax contributions can range from 1% to 100% of salary up to a specified annual maximum. Verisk provides matching contributions in Verisk company stock.
  • Wellness Programs/Fitness/Sports/Family Activities: Verisk’s Wellness Program offers an integrated approach to wellness that includes physical activity, nutrition, stress management, and education. Programs include annual fitness challenges, on-site yoga classes, annual flu vaccine clinics, on-site Dermascan screenings, and competitive intracompany sports teams. We support fitness classes subsidized by the company and sponsor sporting tournaments. There are regular company-organized family activities.  
  • Several Employee Discount Programs: Verisk offers a wide variety of employee discount programs for shows and events, group auto and homeowners insurance, cell phone plans, gym memberships, auto purchases, and more. We also offer the Buyer’s Edge program, which offers discounts on numerous products and services, including household goods and furniture, kitchen and bath appliances and fixtures, mortgage financing, movers, and jewelry.
  • Employee Assistance Program (EAP): Verisk’s comprehensive EAP offers employees help (at no charge) with challenges that address, legal, financial (including identity theft recovery services), health, wellness, family life (childcare and eldercare assistance), and work/life concerns. Employees and members of their household can receive up to five consultations per individual per year—either in-person or by phone. Other programs offered include grief counseling (for employees that participate in Group Term Life coverage) and will preparation and estate resolution services (for employees that participate in our Supplemental Life Insurance plan).
  • Commuter Pass: Subsidized commuter pass is covered in varying amounts for public transportation, at some office locations.
  • Disaster Relief Policy: The Verisk policy provides interest-free loans to employees who've suffered damage to personal property from natural disasters in the United States (up to 10,000 USD) and around the world (loans of comparable economic value based on the cost of living in the specific country).
  • Social Events: Holiday Party, Super Bowl Party, Bowling Party, Chili Cookoff, Family Zoo Day
  • Unlimited Training Reimbursement: Unlimited reimbursement for approved job-related training
  • Employee and Spouse or Domestic Partner Training and Travel Reimbursement Benefit: Verisk pays for employee costs to prepare for the CPCU and IIA program exams. The company also gives employees one-time bonuses for passing any four CPCU exams and IIA programs and then a larger cash award when they complete the entire CPCU program. Verisk also pays employee costs for new CPCU designees (including spouse or domestic partner) to attend the CPCU Society Annual Meeting in the year that they receive their designation (including conference registration, travel, and lodging).  ** - Not all programs, perks, and benefits are offered in all office locations. 

COMPENSATION BY THE NUMBERS

75% 401(k) match of employee's contribution, up to 6% of an employee's salary70% Company-paid health coverage for employees (employees earning less than $125,000 receive a greater subsidy)
70% Company-paid health coverage for dependents 50% Company-paid health coverage for part-timers
20 hours Weekly hours required for part-timers to receive health insurance $10,500 College Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k)
  • Stock options to employees
  • Employee stock ownership plan
  • Pre-tax savings account
  • Employee stock purchase plan
  • Restricted stock units to employees

PERKS TO MAKE LIFE EASIER

  • Free beverages during the day
  • Discount ticket sales
  • Weight watchers meetings
  • Banking
  • On-site package/mailing service
  • Fitness classes
  • Convenience store

WORK-LIFE BALANCE BY THE NUMBERS

26 days Paid time off after one year of full-time employment

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule (95% use it)
  • Compressed work weeks (10% use it)
  • Telecommute option (92% use it)

FAMILY CARE BY THE NUMBERS

84 days Job-protected maternity leave56 days Average length of maternity leave new mothers take
84 days Job-protected paternity leave10 days Fully-paid paternity leave (does not include personal vacation or paid time off)
10 days Average length of paternity leave new fathers take84 days Job-protected parental leave for adoptive parents
10 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Medical care
  • Vision care
  • Mental health care
  • Dental care
  • Prescription drug subsidy
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)

ONSITE HEALTH BENEFITS

  • Cholesterol tests
  • Flu shots
  • Fitness center (at some locations)
  • Blood pressure screening
  • Complete biometric screening

Community Involvement & Philanthropy

8 hours Paid time off to volunteer $780,000 Philanthropic donations in last year
$340,000 Total company-matched employee donations in last year

Diversity

  • Formal programs support professional development for: Women; Lesbian, gay, bisexual or transgender employees; Employees reentering the workforce
  • Married employees in same-sex or heterosexual relationships receive the same benefits
  • Non-birth parents in same-sex relationships can take parental leave

Executive Diversity

 

Demographics

 
Celebration of Cultural Diversity

How to Get Hired

We asked Verisk Analytics for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

In addition to technical skills, we look for people with vision, who are able to maximize business impact by identifying tangible, realistic solutions for clients. These individuals provide delivery excellence, collaborate and communicate effectively, and anticipate and resolve issues by demonstrating the ability to be comfortable with complexity and ambiguity. The prospective employee should be able to develop trust-based relationships and develop self and others.

What can prospective employees do to get your attention?

Prospective employees who focus on customers, demonstrate innovation, act with a data analytics mindset, assume accountability, and value integrity, passion, persistence, and excellence should apply.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

We’re hiring trailblazers who envision new data analytics methodologies across industries worldwide and those who support that work.

What should interested candidates do to find out more and get started?

Social career sites such as Glassdoor, LinkedIn, and Muse contain a multitude of information. Visit verisk.com/careers to join our talent network.

hiring Outlook

340 Job openings forecast for coming year 12% Job Growth
35 Average applicants per opening 42,000 Applications received
1,750 Positions filled in past year 20% New hires by employee referrals
400 New positions created 235 Jobs filled by current employees
Yes Recruits on college campuses 170 New graduates hired
11% Voluntary turnover for full-time employees 22% Voluntary turnover for part-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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