What are the responsibilities and job description for the AVP, Actuarial position at Berkley?
Company Details
Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions that support profitable growth and financial stability over time. We are able to leverage deep institutional knowledge built up over 50 years of specialty underwriting and prudent capital management to expertly server out clients’ needs.
The company is an equal employment opportunity employer
Responsibilities
The AVP, Senior Pricing Actuary reports to the Chief Actuarial Officer and is responsible for the reinsurance treaty pricing function. Key functions include but are not limited to:
- Independently analyze and price reinsurance submissions and provide recommendations
- Work closely with underwriters to help them understand the conclusions and the key assumptions built into the pricing analysis
- Effectively communicate findings and results to internal and external stakeholders and all levels of management as required
- Present pricing findings to the company President and serve as a key member in the referral process
- Develop, maintain and enhance actuarial pricing tools and parameters
- Train, mentor and develop junior staff
- Support reserving, financial reporting, management reporting, Enterprise Risk Management functions as needed
Qualifications
- Bachelor’s degree in actuarial science or math preferred
- FCAS or ACAS Designation strongly preferred
- 10 years of property casualty actuarial experience is required. Hands-on experience in reinsurance treaty pricing is preferred.
- Strong verbal and written communication skills, including the ability to explain technical concepts to non-technical audiences
- Strong work ethic, project management skills and multi-tasking skills in meeting deadlines. The ability to work overtime during busy season is expected for this position
- Advanced proficiency in MicroSoft Office Suite is required
- Experience in at least one of the advanced technical programming and modeling tools (RMS, AIR, ReMetrica or MetaRisk) is a plus
- Programming experience in VBA, R, Python, SQL or similar is a plus
- Able to work on-site in Stamford, CT 4 days a week
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or 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
