Full-Time
Java Principal Engineer
Verisk
5,001-10,000 employees
Insurance risk analytics and data technology
No salary listed
Hyderabad, Telangana, India
In Person
 Software Engineering (1) |
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- Experience with AWS or any cloud provider
- Docker experience
- 8-12 years experience working in Java, SQL, XML, JSON
- Elasticsearch experience is a plus
- Experience leading small-medium sized technical teams
- Experience in creating and consuming RESTful services & APIs
- Experience working in Web Application Frameworks such as Angular or React
- Experience working with Spring and Message Queues
- Working knowledge of software development tools, testing methodologies, continuous integration and Agile processes
- Ability to easily express architectural ideas to engineers and non-technical members
- Ability to guide junior engineers to quickly debug problems based on experience and prior patterns
- Self manage time and tasks with little to no direction from others
- Identify subtle or well hidden technical debt, understand some of the organizational technical debt
- Strong teamwork and problem-solving skills
- Ability to effectively present information in one-on-one as well as in large-group setups
- Excellent written and verbal communication skills with the ability to present complex information in a clear and concise manner to a variety of audience
- Minimum of bachelor’s degree in Computer Science (or related field) from four-year college or university
- Design and build high performance, scalable and reliable component-based applications using latest technologies such as AWS, Docker, Elasticsearch etc.
- Leading teams to design and develop new components of the ClaimSearch product as well as enhancing existing features
- Developing for a fully cloud environment across very large data sets and gain experience on a diverse set of technology tools with exposure to backend data processing, large entity resolution algorithms, data matching, search, APIs, integrations and front-end development
- Provide guidance to resolve production problems in a timely manner by rapidly organizing and deploying the appropriate resources
- Continuously review problems to determine the root cause to prevent them in the future
- Champion own ideas as well as team's ideas
- Participate in planning meetings, retrospectives, daily stand ups, and other meetings as part of the software development process
- Lead and mentor junior engineers
- Collaborate across teams for developing or enhancing product features
- Help define architecture & assist throughout refinement process
- Effectively communicate software solution expectations to internal customers, team members and other stakeholders in a timely and clear fashion
- Discuss the merits of various approaches with peers and junior engineers
- Develop new applications as well as enhance and support existing applications
- Provide guidance to resolve production problems in a timely manner by rapidly organizing and deploying the appropriate resources
- Continuously review problems to determine the root cause to prevent them in the future
- Ensure that secure coding practices are followed throughout the software life cycle
- Participate in planning meetings, retrospectives, daily stand ups, and other meetings as part of the software development process
- Provide guidance to team members to research and experiment with new tools and technologies, build working PoCs, conduct knowledge sharing sessions and provide recommendations for product improvement
- Champion own ideas as well as team's ideas
- Learn in area of leadership, management and agile
- Understand the view of all the scrum teams from an engineering and architectural perspective as well as the business objectives
- Help identify organizational impediments
- Experience with leadership and management roles in agile environments
- Senior level leadership experience leading teams
- Experience mentoring junior engineers
- Ability to communicate complex ideas effectively to non-technical stakeholders
- Experience collaborating across multiple teams to deliver product features
- Ability to define architecture and contribute to refinement processes
- Experience developing and enhancing production-grade applications
- Strong knowledge of secure coding practices across software life cycle
- Participation in planning meetings, retrospectives, daily stand ups, and other agile ceremonies
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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People at Verisk who can refer or advise you
Benefits
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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.