Berkley

Actuarial Analyst

Location Name AZ, Scottsdale - 7233 E Butherus Drive
ID
2026-14144
Date Posted
4 days ago(7/13/2026 5:30 PM)
Company
Verus Specialty Insurance
Primary Location
US-AZ-Scottsdale
Loc2
CO, Englewood
Loc3
VA, Glen Allen - 4820 Lake Brook - Suite 200
Category
Actuarial

Company Details

Verus Specialty Insurance_logo

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!

 

The Company is an equal employment opportunity employer.

Responsibilities

The Actuarial Analyst supports the underwriting function by analyzing data, developing and enhancing rating methodologies, and producing reports and analyses that improve underwriting and financial results, while collaborating with cross-functional teams and providing high-quality support to the actuarial department.

  • Analyze internal and external data to adapt and develop intermediate rating methodologies for existing company products.
  • Use intermediate techniques to incorporate new variables to gain competitive advantage and improve underwriting results.
  • Utilize intermediate loss development and other methods to participate in determining incurred but not reported (IBNR) reserve estimates for profitability analyses.
  • Produce regular monthly reports and analyses used in the financial close process and to improve underwriting results.
  • Represent the needs of the actuarial department on cross-functional projects.
  • Continuously seek to improve current reporting and actuarial processes.
  • Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines.

Qualifications

  • Bachelor’s degree in a related field (mathematics, business, finance, technical).
  • 2+ years of experience in a data-related role with working knowledge of information systems.
  • Minimum of 4 exams passed toward ACAS/FCAS designation offered by the Casualty Actuarial Society.
  • Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
  • Strong knowledge of VBA.
  • Strong knowledge of SQL.
  • Knowledge of the insurance industry and IT systems.
  • Preferred: intermediate knowledge of Power BI.
  • Preferred: intermediate knowledge of R and Python.
  • Ability to adapt to changing priorities and environments.
  • Strong problem-solving and communication skills.
  • Strong organization skills with ability to multitask and prioritize multiple tasks at once.
  • Ability to work outside normal work schedule to fulfill responsibilities.
  • Ability to travel on an occasional basis.
  • Reasonable, regular, and predictable attendance.

#LI-FL1 #LI-HYBRID

Additional Company Details

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 Ranges:
Senior Actuarial Analyst: $110K - $150K
Actuarial Analyst II: $90K - $110K
Actuarial Analyst I: $70k - $90k

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.

Additional Requirements

The application window for this role is estimated to be open through June 30, 2026, but may be extended, if necessary. Please submit your application as soon as possible prior to July 31, 2026.

Location and Travel:
• Primary location Scottsdale, AZ but can also sit in Englewood CO or Glen Allen, VA.
• Travel: Ability to travel on an occasional basis.

Sponsorship Details

Sponsorship not Offered for this Role

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