Actuarial Analyst/Sr. Actuarial Analyst-Commercial Auto

Berkshire Hathaway Guard; New York (NY); Hybrid; USD 60,000 - 135,000; Full time

Job summary

Berkshire Hathaway GUARD Insurance offers a dynamic opportunity for Actuarial Analysts and Senior Actuarial Analysts in New York. Join a collaborative team to significantly impact the Commercial Auto line of business through detailed analysis and process improvements. Competitive compensation and numerous career advancement opportunities are available.

Benefits

Healthcare benefits package

401K with company match

Generous paid time off

Tuition reimbursement

Hybrid work schedule

Qualifications

• 2-5 years of actuarial experience for Analyst role; 3+ years for Senior role.
• Successful completion of CAS exams: 2+ for Analyst, 4+ for Senior.
• Commercial lines exposure preferred.

Responsibilities

• Conduct actuarial analysis related to pricing.
• Develop and maintain actuarial tools and processes.
• Analyze data and trends for business solutions.

Skills

Proficiency in Microsoft Excel

Programming

Relational databases

Education

Bachelor's degree in actuarial science, mathematics, statistics, or related field

Job description

Overview

Actuarial Analyst/Sr. Analyst-Commercial Auto Pricing

About us:

Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.

Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity.We are always in search of talented individuals to join our team and embark on an exciting career path!

Benefits:

We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!

• Competitive compensation
• Healthcare benefits package that begins on first day of employment
• 401K retirement plan with company match
• Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
• Up to 6 weeks of parental and bonding leave
• Hybrid work schedule (3 days in the office, 2 days from home)
• Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
• Tuition reimbursement after 6 months of employment
• Numerous opportunities for continued training and career advancement
• And much more!

Responsibilities

Berkshire Hathaway GUARD currently offers an excellent opportunity for an Actuarial AnalystorSenior Actuarial Analyst to join the Actuarial Department. This position supports the organization's key actuarial functions through conducting analysis, providing valuable insights, and developing and maintaining actuarial processes for the Commercial Auto line of business.

Responsibilities:

• Complete basic actuarial analysis related to pricing.
• Collaborate within the team to develop and maintain actuarial tools and processes to improve the quality and efficiency of actuarial analyses.
• Implement methodology enhancements and process efficiencies within the department.
• Maintain appropriate documentation that allows another actuarial staff member to understand and recreate the work product.
• Assist with industry research and studies to support actuarial projects.
• Perform basic data preparation, balancing, and reasonability checks using SQL or other data tools to support actuarial analyses and reporting requirements.
• Analyze data and trends to uncover solutions to business challenges.
• Create actuarial reports summarizing analysis results and communicate within the department.
• Grow and develop team members as appropriate through peer review.

Qualifications

Actuarial Analyst

• Bachelor's degree in actuarial science, mathematics, statistics, or a related field with a strong mathematics background
• 2-5 years of actuarial experience, with commercial lines exposure preferred
• Successful completion of 2 or more exams from the Casualty Actuarial Society (CAS)
• Strong technical skills, including proficiency in Microsoft Excel and programming
• Experience with relational databases required; SQL preferred

Senior Actuarial Analyst

• Bachelor's degree in actuarial science, mathematics, statistics, or a related field with a strong mathematics background
• 3+ years of actuarial experience, with commercial lines exposure preferred
• Successful completion of 4 or more exams from the Casualty Actuarial Society (CAS)
• Advanced technical skills, including expertise in Microsoft Excel and programming
• Experience with relational databases required; SQL preferred

Key Competencies

• Results oriented with strong multitasking and prioritizing of skills
• Ability to collaborate effectively within a team
• Commitment to process improvement and efficiency

Compensation Ranges:

Actuarial Analyst: $60,000.00 - $115,000.00

Senior Actuarial Analyst- $73,000.00-$135,000.00

The position can be located in New York City or Philadelphia. The successful candidate is expected to work in one of our offices 3 days per week and also be available for travel as required.

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

This role offers opportunities to grow within a collaborative team environmentand contribute to impactful actuarial initiatives. We are excited to welcome talented individualsto our team who are eager to drive results and deliver actionable insights!