Actuarial Analyst

Berkley Healthcare (a Berkley Company); Chesterfield (MO); On-site; USD 60,000 - 105,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Vision benefits

Life insurance

Disability insurance

Paid Time Off

401(k) and Profit-Sharing

Job summary

Berkley Healthcare (a Berkley Company) is seeking an Actuarial Analyst to support pricing across medical malpractice, financial lines, and commercial auto lines. You will work within the Actuarial/Data/Analytics team, contributing to reserving, analytics, and other non-pricing projects as needed.

You will develop pricing models, review pricing assumptions, and drive data improvements while collaborating closely with underwriting to address account-specific pricing issues.

Qualifications

• Bachelor's degree in actuarial sciences preferred.
• 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.

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

Skills

Excel

Access

SQL

Visual Basic

Communication

Education

Bachelor's degree in actuarial sciences

Job description

Company Details

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.

www.berkleyhealthcare.com

Responsibilities

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:

• 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

Qualifications

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

Additional Company Details

Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees.

The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role include:

• Base Salary Range: $60,000-$105,000


• Eligible to participate in annual discretionary bonus.


• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

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.

Additional Requirements

Location:

• Missouri

Sponsorship Details

Sponsorship not Offered for this Role