Berkley

Actuarial Analyst

Location Name NJ, Ewing - 200 Princeton S - Suite 280
ID
2020-4258
Date Posted
3 weeks ago(10/6/2020 1:10 PM)
Company
Berkley Public Entity
Primary Location
US-NJ-Ewing
Category
Actuarial

Company Details

Berkley_Public_Entity_Logo

 

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 eight years’ prior, BPE’s Actuarial Department also is 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!

Responsibilities

The Actuarial Analyst is primarily responsible for basic actuarial functions, actuarial estimations, and providing overall support to the Department. General functions include providing pricing guidance including support of pricing models, management and analysis of claims data, and financial/actuarial reporting.  

  • Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations.
  • Provide support in updating pricing models and communicating changes as appropriate.
  • Assist in pricing analysis and decision making for large accounts.
  • Interface with Underwriting, IT, and Finance departments to ensure data quality standards are met.
  • Assist in the development/maintenance/distribution of actuarial reports and databases.
  • Provide support in quarterly analysis of loss and expense reserves.
  • Provide support in the analysis of segments of the business for claim trends/profitability.
  • Assist the Pricing Actuary with various data requests and pricing analyses.
  • Assist the Department in the planning/budget process preparation.
  • Perform other support duties as assigned.

Qualifications

  • Bachelor’s degree in Mathematics, Actuarial Science, or similar area.
  • Completion of minimum of 1-3 actuarial examinations.
  • Advanced knowledge of Microsoft Excel required.
  • Understanding of applications and development using Visual Basic, Microsoft SQL Server Reporting Services, (SQL language, R, other database programming a plus).
  • Excellent capability to organize and analyze various forms of statistical data.

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.