Full-Time
Principal Developer
Technical Leadership
Posted on 9/10/2025
Verisk
5,001-10,000 employees
Insurance risk analytics and data technology
No salary listed
Lehi, UT, USA
Hybrid
Hybrid position, likely requiring some in-office days.
 Software Engineering (1) |
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- Extensive experience designing and building complex, scalable systems across the full stack.
- Deep knowledge of software engineering principles, including architecture, design patterns, and best practices.
- Demonstrated ability to lead major technical initiatives across teams.
- Strong understanding of distributed systems, cloud infrastructure, and CI/CD pipelines.
- Track record of mentoring other engineers and fostering technical growth in teams.
- Excellent communication skills with both technical and non-technical audiences.
- Experience partnering with cross-functional stakeholders and influencing product or organizational strategy.
- High ownership mindset, with the ability to manage ambiguity and drive alignment independently.
- Proven ability to balance innovation with pragmatic delivery.
- Drive long-term technical direction across teams or domains, aligning engineering efforts to business goals.
- Lead system design efforts for modern web applications, ensuring performance, scalability, maintainability, and security.
- Identify and prioritize technical risks and debt across systems, proposing and championing plans for resolution.
- Provide architecture oversight and direction for cross-team initiatives.
- Lead the implementation of complex features or systems across multiple teams.
- Write high-quality, maintainable code in React, TypeScript, GraphQL, .NET (C#), and related technologies.
- Lead by example in code reviews, testing practices, and documentation.
- Collaborate on estimation and technical planning to ensure feasibility and clarity across stakeholders.
- Participate in the on-call rotation and provide guidance on incident response processes.
- Mentor senior and mid-level engineers, helping them grow technically and professionally.
- Actively contribute to improving engineering culture, tooling, and best practices.
- Partner with product, design, QA, and platform teams to deliver user-centric solutions.
- Serve as a trusted voice in cross-functional and strategic conversations.
Verisk provides data analytics and technology solutions for the insurance industry, including risk modeling, fraud prevention, and catastrophe claims data, serving insurers, businesses, and governments worldwide. Its platforms offer subscription-based access to deep data sets and analytics tools, enabling clients to assess exposure, detect fraud, and process catastrophe claims while generating actionable reports. It differentiates itself with a global data pool combined with specialized insurance analytics and consulting services delivered on scalable platforms, with a strong emphasis on sustainability and resilience. Its goal is to help clients manage and mitigate risk, improve operational efficiency, and prepare for climate- and weather-related challenges.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Jersey City, New Jersey
Founded
1971
Simplify's Take
What believers are saying
- Subscription revenues grew 7% in Q1 2026 despite weather headwinds.
- Anthropic Claude integration saves carriers hundreds of underwriting hours annually.
- Core Lines Reimagine strategy leverages AI for client productivity gains.
What critics are saying
- Generative AI startups like Atidot erode Verisk's pricing power within 12-24 months.
- Moody's RMS captures AIR Worldwide clients using superior satellite data in 18-36 months.
- EU AI Act imposes audits on fraud models, fining up to 6% revenue from August 2026.
What makes Verisk unique
- Verisk owns 30 petabytes of proprietary insurance data unmatched by competitors.
- Verisk pioneered catastrophe modeling via 2002 AIR Worldwide acquisition.
- Verisk's ClaimSearch database analyzes 1.8 billion claims for fraud detection.
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Benefits
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↓ -7%1 year growth
↓ -7%2 year growth
↓ -7%Verisk reported Q4 revenues of $778.8 million, up 5.9% year on year, exceeding analysts' expectations by 0.7%. However, the data analytics provider delivered mixed results, beating earnings per share estimates whilst full-year revenue guidance missed expectations. The company, which processes over 2.8 billion insurance transaction records annually, reported the slowest revenue growth amongst its peers in the data and business process services sector. The 10 stocks tracked in this sector collectively beat Q4 revenue estimates by 2.9%, though next quarter's guidance came in 0.5% below consensus. Verisk shares have declined 1% since reporting and currently trade at $175.50. The sector faces headwinds from regulatory scrutiny on data privacy and rising cyber threats.
US property and casualty insurers posted a net underwriting gain of approximately $63 billion in 2025, a significant improvement from $23 billion in 2024 and a $22 billion loss in 2023, according to data from Verisk and the American Property Casualty Insurance Association. However, the strong results were driven primarily by unusually low catastrophe losses, with hurricane-related claims declining nearly 90 per cent due to limited US landfalls rather than fundamental industry improvements. Net written premiums grew 4.8 per cent to $971 billion, whilst the combined ratio improved to 92.9 per cent from 96.6 per cent. Despite the positive results, persistent pressures remain, including escalating repair costs, frequent severe storms, elevated legal system costs and moderating rate momentum, suggesting 2025 represents a reset rather than a new normal for the industry.
YCG LLC added Verisk Analytics (NASDAQ:VRSK) to its portfolio during the fourth quarter of 2025, according to the asset management firm's investor letter. The move exemplifies YCG's strategy of buying high-quality stocks during cyclical downturns. The firm trimmed its Apple holdings, which had risen during the year, to purchase more Verisk shares after the stock declined substantially. YCG believes this volatility presented an opportunity, as Verisk's long-term prospects remained unchanged despite the share price movement. Verisk Analytics, a technology company providing data analytics and solutions to the insurance industry, reported $779 million in revenue for Q4 2025, up 5.5% year-over-year. However, shares fell 28.44% over the past 52 weeks. The company currently has a market capitalisation of $29.7 billion.
Verisk Analytics is strengthening its position through technology initiatives and climate-risk intelligence partnerships. The company is collaborating with S&P Global Energy to integrate catastrophe modelling with climate analytics, helping insurers and financial institutions better assess climate-related losses and meet regulatory requirements. The company has enhanced its ClaimSearch platform by integrating Digital Commerce Detector and Digital Asset Finder, enabling insurers to identify fraud earlier and recover stolen assets more efficiently. Fourth-quarter 2025 revenues rose 5.9% to $779 million, whilst adjusted EBITDA increased 9.8% to $437 million. Verisk continues rewarding shareholders through consistent dividends and share repurchases. The company raised its quarterly dividend by 11% to $0.50 per share and expanded its share repurchase authorisation to $2.5 billion. Revenues are expected to grow 4.3% in 2026 and 6.7% in 2027.
Verisk Analytics has priced an offering of $1 billion in senior notes, comprising $500 million of 4.450% notes due 2031 and $500 million of 5.125% notes due 2036. The offering is expected to close on 26 February 2026. The company plans to use proceeds to repay $500 million outstanding under its 364-day term loan facility and $750 million under its revolving credit facility. These borrowings, along with $250 million cash, funded prepayment amounts for share repurchases under accelerated share repurchase agreements. Additional proceeds will be used for general corporate purposes. BofA Securities, Wells Fargo Securities, Goldman Sachs and Morgan Stanley are acting as joint book-running managers. The notes are being offered under an effective shelf registration statement filed in March 2023.