Actuary

Berkley Edge (a Berkley Company); Saint Petersburg (FL); On-site; USD 180,000 - 212,000; Full time

Benefits offered by this job

Relocation assistance to Tampa, FL

Job summary

Berkley Edge, located in Saint Petersburg, FL, is seeking an experienced actuary to advance rating methodologies and pricing for professional and casualty lines.

The role involves applying GLM and multivariate techniques, producing regular reports for financial close, and collaborating across functions to improve underwriting results. Primary location is Saint Petersburg with occasional travel; relocation assistance is available.

Qualifications

• 6+ years of data-related experience.
• 3+ years in Pricing within General Liability or Professional Liability.
• FCAS designation is required.
• Bachelor’s degree in mathematics, business, finance, or related field.
• Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
• Proficiency in VBA & SQL.
• Knowledge of the insurance industry and IT systems.

Responsibilities

• Analyze data to develop advanced rating methodologies.
• Incorporate new variables for competitive pricing and underwriting gains.
• Apply loss development methods for reserve estimates.
• Produce monthly reports to support financial close and underwriting profitability.
• Represent actuarial needs on cross-functional projects.
• Improve existing actuarial reporting processes.
• Plan ultimate loss and loss adjustment ratios with underwriting leadership.
• Perform advanced analytics and modeling incl. GLMs and multivariate techniques.

Skills

Data analytics

Pricing experience

Communication skills

Problem solving

Organizational skills

Education

FCAS designation

Bachelor's degree in a related field

Tools

SQL

VBA

Power BI

R

Python

MS Office

Job description

Company Details

Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business. Edge will focus on small to mid-sized risks through a wholesale-only distribution model.

The Company is an equal employment opportunity employer.

Responsibilities

• Analyze both internal and external data to adapt and develop advanced rating methodologies for existing company products


• Use advanced techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results


• Utilize advanced loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses


• Produce regular monthly reports and/or analyses used to complete the financial close process and/or improve underwriting results of the company


• Represent the needs of the actuarial department on cross-functional projects


• Constantly seek to improve current reporting and actuarial processes


• Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines


• Perform advanced analytics and modeling techniques including but not limited to generalized linear modeling and other forms of multivariate analysis

Qualifications

• 6+ years of experience in a data-related role with working knowledge of information systems


• Preferred: 3+ years of experience in a Pricing role within General Liability or Professional Liability


• Minimum FCAS designation offered by the Casualty Actuarial Society


• Bachelor’s degree in a related field (mathematics, business, finance, technical)


• Required: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint)


• Required: Strong knowledge of VBA & SQL


• Preferred: intermediate knowledge of Power BI, R, and Python


• Required: knowledge of the insurance industry and IT systems


• Ability to adapt


• Strong problem‑solving and communication skills


• Strong organizational skills and ability to multitask and prioritize multiple tasks at once


• Ability to work outside normal work schedule to fulfill responsibilities


• Ability to travel on an occasional basis


• Reasonable, regular, and predictable attendance

Relocation Assistance

Berkley Edge is open to relocating talent for this opening. We will offer some relocation assistance to the Tampa, FL area.

Benefits

The company offers a competitive compensation plan and robust benefits package for full‑time regular employees. Depending on the level, it may include:

• Base Salary Range: $180‑$212K


• Eligible for bonus


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

Location and Travel

• Primary location: Saint Petersburg, FL.


• Additional locations: Glen Allen, VA.


• Travel: Ability to travel on an occasional basis.

Sponsorship

Sponsorship not offered for this role.

Additional Company Details

We do not accept unsolicited resumes from third‑party recruiting agencies or firms.