Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product, or territory.
Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our Berkley companies to identify and respond quickly and effectively to changing market conditions and local customer needs. This decentralized structure provides financial accountability and incentives to local management and enables us to attract and retain the highest caliber professionals. We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.
The Actuarial Analyst position will be part of the Berkley Healthcare Actuarial/Data/Analytics team. In this role, you will support all aspects of pricing for several key lines of business including medical malpractice, financial lines, and commercial auto for Berkley Healthcare.
As a member of the Actuarial/Data/Analytics team, you will have opportunities to also contribute to reserving, analytics and other non-pricing projects as they arise. Our team is highly collaborative and values flexibility in job duties and responsibilities. This environment provides for multi-dimensional career growth. A successful candidate will demonstrate eagerness to continually learn and work hard in a fast-paced environment.
Key functions include but are not limited to the following:
Responsibilities
- Develop and upgrade pricing models as needed
- Review and update actuarial assumptions underlying pricing models
- Drive improvements in data collection and management of data supporting pricing
- Work closely with underwriting on account specific and aggregate pricing issues
- Enhance underwriting support tools including metrics and dashboards
- Contribute to reserving, analytics and other non-pricing projects as they arise
Education
- Bachelor's degree in actuarial sciences preferred
Qualifications
- 3+ years of experience working in property/casualty insurance
- Successful completion of 3 or more actuarial exams preferred but not required
- The Company is an equal employment opportunity employer.
Skills
- Proficient in Microsoft Excel, Access, SQL, Visual Basic
- Excellent communication skills
- Willing and able to continuously learn and adapt in a dynamic environment
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