Actuary Analyst

Berkley Asset Protection (a Berkley Company)

Boston (MA)

On-site

USD 90,000 - 125,000

Full time

14 days+

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Benefits offered by this job

Competitive salary
Health, Dental, and Vision insurance
401(k) and profit-sharing plans
Paid Time Off

Job summary

A leading insurance firm in Boston is seeking an Actuary Analyst. This role involves conducting quarterly reserve analyses, supporting risk management, and enhancing data processes. Ideal candidates should have strong communication skills, a quantitative degree, and 5-8 years of experience in P&C actuarial work. The position offers a hybrid work schedule and a competitive salary ranging from $90,000 to $125,000, along with comprehensive benefits.

Qualifications

  • 5–8 years of P&C actuarial experience.
  • FCAS or near-FCAS (or international equivalent).
  • Prior experience with reserving and insurance financial reporting preferred.

Responsibilities

  • Lead quarterly reserve analyses and present results to leadership.
  • Support underwriters with annual loss ratio forecasts and pricing.
  • Provide updates on rate changes and claims trends.

Skills

Strong communication and people skills
Solid technical background with Python, R
Executive-level communication skills
Independent thinker

Education

Bachelor's degree or higher in a quantitative field

Tools

SQL
Python
R

Job description

Join to apply for the Actuary Analyst role at Berkley Asset Protection (a Berkley Company).

Company Details

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 company, joined the S&P 500, and seen our gross written premiums exceed $10 billion. Today, the Berkley brand comprises nearly 60 businesses worldwide and is divided into two segments: Insurance and Reinsurance & Monoline Excess. Led by our Executive Chairman, founder, and largest shareholder, William. R. Berkley, and our President and Chief Executive Officer, W. Robert Berkley, Jr., W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

This role may be located in one of our offices:

  • Midtown Manhattan, NY (preferred)
  • Greenwich, CT
  • Boston, MA

The offices offer hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

If not located in our NYC office, periodic travel to NYC to meet with business unit leadership will be required. You will have day-to-day contact to learn and work with other actuaries working with different business units.

The Company is an equal employment opportunity employer.

Responsibilities

We’re looking for a motivated P&C Actuary—either newly credentialed or close to finishing their FCAS—who’s ready to take the lead on a wide range of actuarial work and help shape the future of our company.

In this role, you’ll be part of a larger actuarial team, but function as the go-to actuary for a business unit, responsible for:

  • Quarterly reserve analyses and presenting results to leadership
  • Annual loss ratio forecasts and pricing support for underwriters
  • Regular updates and explanations for management (e.g., rate changes, claims trends)
  • Supporting teams across underwriting, claims, reinsurance, finance, data/IT, and risk
More Than Just Numbers

This is a great fit for someone who enjoys working with others and wants to apply their skills across the business. You’ll:

  • Work closely with underwriters and leaders to support smart decisions
  • Help improve our data, tools, and processes for everyone
  • Lead projects where actuarial thinking can make a real difference
Why Join Us?
  • Be a key contributor in a growing company
  • Take on a wide range of responsibilities with support to grow into leadership positions
  • Connect with and learn from over 200 actuaries across our global team
Qualifications
What We’re Looking For
  • Strong communication and people skills to get results
  • Solid technical background, ideally with Python, R, or similar capabilities
  • Bachelor’s degree or higher in a quantitative field
  • 5–8 years of P&C actuarial experience
  • FCAS or near-FCAS (or international equivalent)
  • Working knowledge of SQL and Python or R to manipulate and retrieve data
  • Executive-level communication skills able to interact effectively with a wide range of stakeholders
  • Independent thinker who can challenge the status quo while maintaining professional and collaborative relationships
  • Prior experience with reserving, insurance financial reporting and controls preferred but not necessary
Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

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

  • Base Salary Range: $90,000 - $125,000
  • Eligible to participate in annual discretionary bonus
  • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and generous 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.

Sponsorship Details
Sponsorship not Offered for this Role

Job Description
2025 WRB Actuary

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