Lead Engineer Verisk Rulebook

Lead Engineer Verisk Rulebook

Full-Time 70000 - 90000 £ / year (est.) No working from home possible
TestYantra Software Solutions

At a Glance

  • Tasks: Lead the configuration of insurance products and pricing models using Verisk Rulebook.
  • Company: Join a leading insurance technology firm at the forefront of innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborate with senior stakeholders in a dynamic and supportive environment.
  • Why this job: Make a real impact in the insurance industry by transforming complex pricing models into structured configurations.
  • Qualifications: Experience with Rulebook or similar platforms and strong analytical skills required.

The predicted salary is between 70000 - 90000 £ per year.

We are seeking an experienced Lead Rulebook Configurator to lead the configuration and implementation of insurance products, pricing models, underwriting rules, and workflow components within Verisk Rulebook / Sequel Rulebook. The role sits at the intersection of insurance domain, pricing model interpretation, rules configuration, business analysis, and stakeholder engagement. The individual will work closely with senior stakeholders from Underwriting, Actuarial, Operations, Product, IT, and Change teams, primarily in the London Market / specialty insurance environment. The ideal candidate will have a strong configuration mindset, excellent analytical ability, hands-on experience with Rulebook or similar rules/rating platforms, and the confidence to translate complex Excel-based pricing models and underwriting guidelines into structured, governed Rulebook configurations.

Key Responsibilities

  • Rulebook Configuration and Product Build: Lead the configuration of insurance products, rating algorithms, underwriting rules, referral rules, eligibility rules, authority checks, and workflow logic within Rulebook. Convert Excel-based pricing models into Rulebook-compatible configuration components, ensuring calculation accuracy and business alignment. Configure rating tables, factors, modifiers, risk attributes, premium calculations, validations, and business rules. Configure and maintain Rulebook pages, page flows, page linking, product structures, and user journeys. Support document generation logic, quote outputs, pricing worksheets, and downstream data outputs where applicable. Ensure reusable configuration patterns are applied across products/classes to improve maintainability and consistency.
  • Business and Domain Analysis: Work with underwriters, actuaries, operations SMEs, and product owners to understand pricing intent, risk appetite, referral logic, and underwriting guidelines. Challenge and clarify ambiguous business rules before configuration. Translate business requirements into clear configuration specifications and implementation-ready artefacts. Identify gaps, inconsistencies, or risks in pricing spreadsheets, underwriting guides, or product documentation. Support impact analysis for pricing changes, product enhancements, and model version updates.
  • Stakeholder Management and Communication: Act as a primary configuration lead in workshops with senior London-based business stakeholders. Explain configuration design, rule logic, testing outcomes, issues, and trade-offs in clear business language. Facilitate discussions between business SMEs, actuaries, developers, testers, architects, and delivery leads. Provide structured status updates, risk/issue summaries, and decision points to project leadership. Ensure business stakeholders understand how configured rules reflect their underwriting and pricing requirements.
  • Testing, Validation, and Governance: Define and execute rule configuration testing, scenario testing, regression testing, and spreadsheet-to-Rulebook reconciliation. Validate Rulebook outputs against source Excel models, expected pricing outcomes, underwriting rules, and edge-case scenarios. Support SIT, UAT, defect triage, root-cause analysis, and defect resolution. Maintain configuration documentation, traceability, version control, and audit evidence. Ensure configurations support governance, auditability, and controlled deployment of pricing/underwriting changes.

Technical Skills

  • Mandatory: Strong Rulebook configuration mindset: ability to translate business rules into structured configuration. Strong Excel skills, including ability to understand complex formulas, rating sheets, lookup tables, factors, and calculation flows. Good understanding of XML and structured configuration files. Ability to understand rule hierarchies, conditional logic, validations, decision trees, and calculation dependencies. Experience with configuration testing, regression testing, and price-output reconciliation. Familiarity with JIRA, Confluence, Azure DevOps, or similar delivery tools. Ability to document configuration logic clearly.
  • Desirable: Understanding of APIs, JSON, SQL, or data mapping. Exposure to rating services, quote/bind platforms, broker portals, or delegated authority platforms. Experience with document production, workflow configuration, or downstream integration. Familiarity with rule deployment, release management, and environment promotion.

Insurance Domain Knowledge

  • Insurance product structure
  • Submission, quote, bind, endorsement/MTA, renewal workflows
  • Rating factors, adjustments, deductibles/excesses, limits, commissions, taxes/fees where applicable
  • Underwriting appetite and referral logic
  • Authority limits and exception handling
  • Pricing model governance and audit trail

Deep actuarial expertise is not required, but the candidate must be able to understand pricing spreadsheets and hold credible conversations with pricing stakeholders.

Lead Engineer Verisk Rulebook employer: TestYantra Software Solutions

At Verisk, we pride ourselves on being an exceptional employer, particularly for the Lead Engineer role within the dynamic London Market. Our collaborative work culture fosters innovation and professional growth, offering employees the chance to engage with senior stakeholders across various teams while developing cutting-edge insurance solutions. With a strong emphasis on employee development and a commitment to maintaining a supportive environment, Verisk stands out as a rewarding place to build a meaningful career in the insurance industry.

TestYantra Software Solutions

Contact Details:

TestYantra Software Solutions Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lead Engineer Verisk Rulebook

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like TestYantra Software Solutions). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like TestYantra Software Solutions. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Lead Engineer Verisk Rulebook

Rulebook Configuration
Excel Skills
XML Understanding
Configuration Testing
Regression Testing
Stakeholder Engagement
Business Analysis

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at TestYantra Software Solutions.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at TestYantra Software Solutions. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at TestYantra Software Solutions

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at TestYantra Software Solutions to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at TestYantra Software Solutions, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding TestYantra Software Solutions's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.