Actuarial Analyst

W. R. Berkley Corporation; Morristown (NJ); On-site; USD 65,000 - 70,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Vision benefits

Life insurance

Disability insurance

Wellness programs

Paid Time Off

401(k)

Profit-sharing plans

Job summary

W. R. Berkley Corporation is seeking an Actuarial Technician in Morristown, NJ, responsible for data analysis in support of underwriting and actuarial functions. The role involves interactions with both teams, pricing public entity risks, and ensuring data quality standards.

Candidates should have a Bachelor's degree and 2-5+ years of relevant experience. The position offers a competitive salary range of $65,000 – $70,000, benefits including health and wellness plans, 401(k), and more.

Qualifications

• 2-5+ years of relevant work experience in actuarial functions or data analysis.
• Some actuarial problem-solving experience preferred.

Responsibilities

• Support the Underwriting team in data analysis for pricing.
• Prepare and analyze statistical data for pricing considerations.
• Ensure data quality standards are met across departments.
• Assist with actuarial reports and databases.
• Analyze business segments for claim trends.

Skills

Advanced knowledge of Microsoft Excel

Organizational skills

Statistical data analysis

Education

Bachelor's degree

Job description

Responsibilities

Actuarial Technician is primarily responsible for data analysis and organization as it pertains to the Actuarial and Underwriting functions, including individual account pricing and broader pricing analyses. This role will have a high level of interaction within both the Underwriting and Actuarial teams in support of pricing large and complex Public Entity risks.

• Support the Underwriting team in scrubbing, organizing, and analyzing account specific loss and exposure data to aid in pricing large individual risks.
• Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations.
• Interface with Underwriting and Actuarial departments to ensure data quality standards are met.
• Assist in the development/maintenance/distribution of actuarial reports and databases.
• Provide support in the analysis of various segments of the business for claim trends and profitability.
• Assist the Pricing Actuary with various data requests and pricing analyses.
• Perform other duties as assigned.

Qualifications

• Advanced knowledge of Microsoft Excel required
• Excellent capability to organize and analyze various forms of statistical data
• Some actuarial / applicable problem‑solving experience preferred
• 2‑5+ years relevant work experience

Education Requirement

• Bachelor’s degree required (or equivalent work experience)

Compensation & Benefits

The company offers a competitive compensation plan and robust benefits package for full‑time regular employees. Base Salary Range: $65,000 – $70,000. Salary determined by scope, complexity, location, skills, education, training, credentials, experience, and other factors. 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.

Equal Opportunity Employer

The company is an equal opportunity employer.

Sponsorship Details

Sponsorship not offered for this role.