Berkley Aspire has a passion for easy. Our company’s core goal is to provide innovative, market-leading and uncomplicated business services for independent agents and their clients. But we don’t stop there. Our proven solutions reduce the cost associated with placing and servicing small to mid-market excess

and surplus lines business. Most importantly, as a W. R. Berkley company, we are uniquely empowered to create value for our customers with innovative services, experienced underwriting, faster response time, and a foundation of financial strength. This drives our success in building, protecting, profitable and long-lasting client relationships.

 

About W. R. Berkley Corporation

W.R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.

 

The Pricing Actuary will be part of the growing Berkley Aspire team working closely with the Chief Actuary and be the primary liaison with Underwriting. Collaboration and communication are critical so that meaningful insights can be formed and solutions implemented with our business partners, positioning the company for profitable growth.

 

Responsibilities

• Perform advanced actuarial analysis, inclusive of advanced analytics and modeling, resulting in
• suggestions for actions
• Lead processes for the department such as Rate Reviews, Modeling Project, Budget, Price
• Monitoring, etc.
• Translate the needs of business leaders into insightful exhibits, analyses, and/or tools
• Assist Underwriting in identifying segments with profitable growth potential; identify underperforming segments and propose corrective actions to improve profitability
• Provide assistance in the development of rating methodologies concerning both existing and new
• company products
• Manage priorities to meet mandated deadlines and keep discretionary projects moving with a sense
• of urgency
• Support the monthly and quarter financial close with reporting requirements
• Automate routine processes for greater efficiencies
• In all aspects, share the results of actuarial analyses with non-actuarial peers and executives
• through effective verbal and written communication and effective exhibits

 

• At least 5 years of Property/Casualty actuarial work, Commercial Lines Pricing experience preferred
• Bachelor’s degree in actuarial science, mathematics, economics, statistics, or any related field
• ACAS or FCAS designation
• Proficient in Microsoft Excel, SQL, Visual Basic, R, PowerBI
• Practical experience using statistical techniques to build predictive models addressing underwriting or claim issues

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

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.