Actuarial Analyst: Pricing & Insights

W. R. Berkley Corporation; Morris Township (NJ); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive base salary

Robust benefits package

401(k) and profit sharing

Annual discretionary bonus

Job summary

Berkley Public Entity (BPE), part of W.R. Berkley Corporation, seeks an Actuarial Analyst to support pricing strategy, reserving insights, and performance analysis. You will work across underwriting, IT, operations, and finance to ensure data integrity and deliver actionable actuarial analyses.

This position offers hands-on actuarial work, collaboration with senior leaders, and opportunities to develop technical skills in a supportive environment in New Jersey.

Qualifications

• 1-2 years actuarial experience preferred.
• Progress toward actuarial designation (minimum of 3 exams completed).
• Advanced proficiency in Microsoft Excel.
• Experience with programming/data tools like SQL, R, or Python is a plus.
• Strong analytical, organizational, and problem solving skills with large data sets.

Responsibilities

• Prepare and analyze proprietary statistical data to support loss cost development, severity modeling, and pricing considerations.
• Support the enhancement and maintenance of pricing models and communicate updates clearly.
• Collaborate with Underwriting, IT, Operations, and Finance to ensure data integrity across systems.
• Assist in development, maintenance, and distribution of actuarial reports and databases.
• Support quarterly loss and expense reserve analyses and identify trends.
• Analyze business segments to identify claim trends and profitability drivers.
• Partner with Pricing Actuary on ad hoc data requests and pricing analyses.
• Contribute to additional actuarial and analytical initiatives as assigned.

Skills

Microsoft Excel

SQL

R

Python

Visual Basic

Education

Bachelor’s degree in Mathematics, Actuarial Science, or related quantitative discipline

Tools

SQL Server Reporting Services

Job description

Berkley Public Entity (BPE), part of W.R. Berkley Corporation, seeks an Actuarial Analyst to support pricing strategy, reserving insights, and performance analysis. You will work across underwriting, IT, operations, and finance to ensure data integrity and deliver actionable actuarial analyses.

This position offers hands-on actuarial work, collaboration with senior leaders, and opportunities to develop technical skills in a supportive environment in New Jersey.