Verisk Analytics Business Analyst Interview Questions + Guide in 2025

Verisk Analytics is a leading data analytics and technology partner to the global insurance industry, dedicated to empowering businesses and communities through innovative analytical solutions that enhance decision-making and foster resilience.

As a Business Analyst at Verisk, you will play a pivotal role within the Underwriting Products team, focusing on developing and supporting the Electronic Rating Content (ERC) product. Your responsibilities will include analyzing insurance manual updates, managing project scopes, and collaborating closely with product managers and IT teams to ensure successful product delivery. A successful candidate will possess strong analytical skills, a solid understanding of SQL, and the ability to interpret product metrics. You will also need to demonstrate effective communication skills and the capability to build strong relationships with customers and partners, aligning with Verisk’s values of innovation and customer service excellence.

This guide aims to provide you with insights and tailored preparation strategies for your interview, ensuring you are well-equipped to showcase your skills and fit for the role at Verisk Analytics.

The interview process for a Business Analyst position at Verisk Analytics is structured and thorough, designed to assess both technical and interpersonal skills essential for the role.

1. Initial Screening

The process typically begins with an initial screening call with a recruiter. This conversation lasts about 30 minutes and focuses on your background, interest in the position, and alignment with Verisk's culture. The recruiter will also discuss the role's responsibilities and expectations, providing you with an overview of the company and its values.

2. Technical Assessment

Following the initial screening, candidates are usually required to complete a technical assessment. This may involve an online coding test or a take-home assignment that evaluates your proficiency in SQL and Python, as well as your analytical skills. The assessment often includes questions related to data analysis, business metrics, and problem-solving scenarios relevant to the insurance industry.

3. Behavioral Interview

Candidates who perform well in the technical assessment will move on to a behavioral interview. This round typically involves a video or in-person interview with a hiring manager or team members. The focus here is on your past experiences, how you handle challenges, and your ability to work collaboratively. Expect questions that explore your communication skills, leadership qualities, and how you manage stakeholder relationships.

4. Case Study Presentation

In some instances, candidates may be asked to prepare a case study presentation. This involves analyzing a specific business problem or project relevant to the role and presenting your findings to a panel. You will need to demonstrate your analytical thinking, project management skills, and ability to convey complex information clearly and effectively.

5. Final Interview

The final stage of the interview process often includes a discussion with senior management or the director of the team. This interview may cover more in-depth technical questions, strategic thinking, and your understanding of the insurance industry. It’s also an opportunity for you to ask questions about the team dynamics, company culture, and future projects.

Throughout the process, Verisk Analytics emphasizes the importance of cultural fit and alignment with their values, so be prepared to discuss how your personal and professional goals align with the company's mission.

Next, let's delve into the specific interview questions that candidates have encountered during this process.

In this section, we’ll review the various interview questions that might be asked during a Business Analyst interview at Verisk Analytics. The interview process will likely assess your analytical skills, understanding of business processes, and ability to communicate effectively with stakeholders. Be prepared to discuss your previous experiences, technical skills, and how you approach problem-solving in a business context.

Experience and Background

1. Can you describe a project where you had to analyze complex data and present your findings?

This question aims to evaluate your analytical skills and ability to communicate insights effectively.

How to Answer

Discuss a specific project where you analyzed data, the methods you used, and how you presented your findings to stakeholders. Highlight the impact of your analysis on decision-making.

Example

“In my previous role, I analyzed customer feedback data to identify trends in product satisfaction. I used SQL to extract relevant data and created visualizations in Tableau to present my findings. This analysis led to actionable recommendations that improved our product features, resulting in a 15% increase in customer satisfaction scores.”

Technical Skills

2. What is your experience with SQL, and can you provide an example of a query you wrote?

This question assesses your technical proficiency with SQL, which is crucial for data analysis in this role.

How to Answer

Provide a brief overview of your experience with SQL, including the types of queries you have written. Be prepared to explain a specific query and its purpose.

Example

“I have used SQL extensively to extract and manipulate data for reporting purposes. For instance, I wrote a query to identify duplicate records in our customer database, which involved using JOINs and GROUP BY clauses to ensure data integrity.”

3. How do you approach troubleshooting issues in a project?

This question evaluates your problem-solving skills and ability to handle challenges.

How to Answer

Describe your systematic approach to troubleshooting, including how you identify the root cause and implement solutions.

Example

“When troubleshooting project issues, I first gather all relevant information to understand the problem. I then analyze the data and consult with team members to identify potential causes. For example, in a recent project, I discovered a data discrepancy that stemmed from incorrect input formats, which I resolved by implementing validation checks in our data entry process.”

Business Acumen

4. How do you prioritize tasks when managing multiple projects?

This question assesses your organizational skills and ability to manage time effectively.

How to Answer

Explain your prioritization strategy, including any tools or methods you use to keep track of tasks and deadlines.

Example

“I prioritize tasks based on their urgency and impact on project goals. I use JIRA to manage my tasks and regularly review my progress with the team. For instance, during a recent project, I focused on high-impact tasks that were critical for meeting our deadlines, while delegating less urgent tasks to team members.”

5. Can you explain the importance of stakeholder communication in your role?

This question evaluates your understanding of stakeholder management and communication skills.

How to Answer

Discuss the significance of clear communication with stakeholders and how it contributes to project success.

Example

“Effective stakeholder communication is vital for aligning project goals and expectations. I ensure regular updates and feedback sessions to keep stakeholders informed and engaged. In a recent project, this approach helped us identify potential issues early, allowing us to adjust our strategy and meet the project timeline.”

Behavioral Questions

6. Describe a time when you had to deal with a difficult stakeholder. How did you handle it?

This question assesses your interpersonal skills and ability to manage conflicts.

How to Answer

Share a specific example of a challenging situation with a stakeholder, focusing on your approach to resolving the issue.

Example

“I once worked with a stakeholder who was resistant to changes in our reporting process. I scheduled a one-on-one meeting to understand their concerns and provided data to demonstrate the benefits of the new process. By actively listening and addressing their concerns, I was able to gain their support and successfully implement the changes.”

7. How do you ensure that your analysis aligns with business objectives?

This question evaluates your ability to connect analytical work with broader business goals.

How to Answer

Explain your process for aligning analysis with business objectives, including collaboration with stakeholders.

Example

“I ensure my analysis aligns with business objectives by regularly consulting with stakeholders to understand their goals. I also review key performance indicators to measure the impact of my analysis. For example, in a recent project, I aligned my data analysis with the company’s goal of increasing market share, which helped us identify new opportunities for growth.”