What are the responsibilities and job description for the Sr. Actuarial Analyst position at Berkley Public Entity (a Berkley Company)?
Company Details
Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important, and every accomplishment makes a difference in our results. Come join us!
The company is an equal opportunity employer.
https://www.berkleypublicentity.com/
Responsibilities
The Senior Actuarial Analyst supports the Chief Actuary by performing specific class reviews, analysis of rate adequacy, working with the Underwriting and Claims Department on trends and metrics, and performing due diligence analysis for updates to various models and new products.
We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important, and every accomplishment makes a difference in our results. Come join us!
The company is an equal opportunity employer.
https://www.berkleypublicentity.com/
Responsibilities
The Senior Actuarial Analyst supports the Chief Actuary by performing specific class reviews, analysis of rate adequacy, working with the Underwriting and Claims Department on trends and metrics, and performing due diligence analysis for updates to various models and new products.
- Assists in the monitoring/analysis of key strategic business metrics for claims, underwriting, and management.
- Performs pricing analyses for large accounts and works with Underwriting to determine appropriate premium, structure, rate need, etc.
- Interface with underwriting and product development on issues related to BPE pricing models, pricing tools and new products.
- Assists the Chief Actuary in pricing/price monitoring issues.
- Assists the Chief Actuary in the planning/budget process preparation.
- Prepares special studies as needed (rate indications, rate of return, large loss analysis, frequency & severity trends).
- Manages data needs for developing proprietary loss costs and severity curves.
- Bachelor’s Degree required, preferably in Mathematics or Actuarial Science.
- Minimum of three years of experience in the Property/Casualty Insurance industry.
- Minimum of five or more exams completed.
- Public Entity sector experience preferred.
- Primary focus on the Pricing Practice area required.
- Member of the Casualty Actuarial Society.
- Preferred ACAS designation.
- Effective communication skills, both verbal and writing.
- Strong research and analytical skills.
- Understanding of applications and development using Microsoft Access, Microsoft SQL Server Reporting Services, (SQL language a plus). Tableau, R, Python desirable.
We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role