Berkley

Senior ERM Analyst

Location Name CT, Greenwich
ID
2024-10273
Date Posted
4 months ago(3/22/2024 6:17 PM)
Company
W. R. Berkley Corporation
Primary Location
US-CT-Greenwich
Category
Risk Assessment

Company Details

WRBC_logo_Update

 

"Our Company provides a state of predictability which allows brokers and agents to act with confidence."

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

 

The Company is an equal employment opportunity employer.

Responsibilities

Enterprise Risk Management (ERM) Team:

Our key risk management aim is to maximize Berkley’s return on capital over the long term for an acceptable level of risk. This requires regular interaction with senior management both in corporate and our business units. The ERM team comprises ERM actuaries and catastrophe modelers responsible for identification, quantification and reporting on insurance, investment, credit, and operational risks. The ERM team is a corporate function at Berkley’s headquarters in Greenwich, CT.

 

The Role:

The successful candidate will collaborate with other ERM team members on a variety of projects with a focus on casualty accumulation, catastrophe modeling, cyber insurance, and emerging risks. The candidate is expected to demonstrate expertise in handling both quantitative and qualitative information. The candidate will participate in discussions with leaders from business units as well as senior executives from other corporation functions.

Actuarial exam support will be provided for candidates who wish to pursue an actuarial designation.

 

Casualty Accumulation
• Support the development of the casualty data ETL process.
• Analyze and visualize casualty accumulations by insureds, lines, and industries to deliver valuable insight to business leaders.
• Help create casualty catastrophe scenarios by studying historical events and emerging risks.
• Model complex casualty reinsurance protections.

 

Cyber, Climate Change and Other Emerging Risks
• Assist with monitoring of cyber insurance exposures and modeling of cyber catastrophe events.
• Perform research on emerging risks, including climate change, and quantify their impact on property and casualty lines, invested assets as well as general business operations.

 

Other Risk Assessment and Reporting
• Measure and monitor property and workers compensation risk aggregation.
• Aid in ERM reporting routines, including deliverables to senior management as well as rating agencies and regulators.
• Assist with automation and management of key risk processes and projects.
• Support the implementation and maintenance of the risk assessment processes across the domestic and international business units.

 

Please provide a one-page resume when applying.

Qualifications

Required:
• Ambition for building a career in P&C (re)insurance.
• Proficiency in R/Python and Excel.
• Excellence in verbal and written communication.
• Ability to stay organized and multi-task.
• Ability to independently perform research on a wide variety of risk topics.
• Knowledge of casualty lines of business (e.g., general liability; professional lines).
• 3 – 10 years of relevant experience.

Preferred:
• Knowledge of data engineering.
• ACAS

 

Education Requirement

 

• Bachelor’s degree or higher in STEM

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Connect With Us!

Not ready to apply? Connect with us for general consideration.