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. 

As we build upon the solid groundwork established over the past ten years’ prior, BPE’s Actuarial Department is also growing!  Our business model provides a unique opportunity to join our team and contribute in a meaningful way that can have lasting effects not only on the company’s growth, but also your own!

 

What Sets Us Apart:

• As a growing company, BPE has big plans for our future as a preeminent Public Entity carrier, with an entrepreneurial spirit of work projects within the Actuarial department.
• We bring financial stability, and market clout, with a global Fortune 500 parent company in WR Berkley.
• The decisions you make and the projects you work on will have a meaningful and tangible impact on the business, and direct access to Senior leadership.
• As a member of our team, you will have a unique opportunity to work for an established organization, coupled with an innovative environment, on a team with a “start-up” mentality.
• While WR Berkley operates on a decentralized model, in scope and scale of business products, there are vast opportunities to get involved in a large variety of work and types of property casualty insurance.  This includes potential exposure to larger actuarial projects, and the ability to collaborate with like peers across the organization.

 

The company is an equal opportunity employer.

 

https://www.berkleypublicentity.com/

The Actuarial Analyst plays a key role in supporting core actuarial and analytical functions, contributing directly to pricing strategy, reserving insights, and business performance. This position offers hands on exposure to real world actuarial work, close collaboration with cross functional partners, and the opportunity to develop your technical and professional skills in a supportive environment.

 

• Prepare and analyze proprietary statistical data to support loss cost development, severity modeling, and other critical pricing considerations.
• Support the enhancement and maintenance of pricing models, including clear communication of model updates and impacts.
• Collaborate with Underwriting, IT, Operations, and Finance to ensure data integrity and accuracy across systems.
• Assist in the development, maintenance, and distribution of actuarial reports and databases.
• Support quarterly loss and expense reserve analyses, providing insights into emerging trends.
• Analyze segments of the business to identify claim trends, profitability drivers, and opportunities for improvement.
• Partner with the Pricing Actuary on ad hoc data requests and pricing analyses.
• Contribute to additional actuarial and analytical initiatives as assigned.

• 1-2 years’ actuarial experience strongly preferred.
• Progress toward actuarial designation (minimum of 3 actuarial exams completed).
• Advanced proficiency in Microsoft Excel.
• Experience or exposure to programming and data tools such as Visual Basic, SQL (including SQL Server Reporting Services), R, or Python is a plus.
• Strong analytical, organizational, and problem solving skills, with the ability to work effectively with complex data sets.

 

Education Requirement

• Bachelor’s degree in Mathematics, Actuarial Science, or a related quantitative discipline.

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 which for this role includes:

Base Salary Range: $70,000 - 110,000

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.

Eligible to participate in the annual discretionary bonus program
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship not Offered for this Role