Associate Actuary

Berkley Oil & Gas (a Berkley Company); Houston (TX); On-site; USD 150,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Paid time off

401(k) and Profit-Sharing plans

Annual discretionary bonus

Job summary

A financial services company in Houston is seeking an experienced actuarial professional to manage pricing and reserving analyses. The ideal candidate will leverage advanced actuarial techniques and data analysis skills while collaborating across departments. This full-time position offers a salary range of $150,000 – $180,000 with benefits. Applicants should have relevant degrees and qualifications in actuarial science. Apply by December 31, 2025.

Responsibilities

• Leverage advanced knowledge of actuarial techniques for analyses.
• Develop, monitor, interpret financial metrics, and communicate results.
• Assist management in applying sophisticated actuarial methods and processes.
• Participate in strategic and special departmental projects.
• Develop relationships with corporate staff and auditors.

Skills

Actuarial reserving and ratemaking methodologies

Data analysis tools (Excel, SQL, Power BI)

Customer service orientation

Analytical and problem-solving skills

Attention to detail

Education

College or university degree in mathematics, statistics, actuarial science

5 or more years related work experience

ACAS credential required

FCAS credential preferred

Tools

SQL Server

Access

Job description

Company Details

Berkley Oil & Gas, (a W.R. Berkley Company) is an insurance underwriting manager providing unique property and casualty products and risk services to customers engaged in the energy sector. Our customers recognize the importance of the expertise we provide and appreciate the opportunity to work with professionals who understand their business. We are in turn committed to delivering innovative products and exceptional service to them, our valued agents and brokers, Berkley Oil & Gas is dedicated in its efforts to be well-informed of the changing dynamics of the industry; support industry efforts to minimize and mitigate risks and hazards in the ‘oil patch’, and to constantly seek ways to improve our products and services to meet customer needs.

Company URL: https://berkleyoil-gas.com/

The company is an equal opportunity employer.

Responsibilities

• Leverage advanced knowledge of generally accepted actuarial techniques, as well as database and programming skills, to ensure that pricing and reserving actuarial analyses appropriately and accurately reflect ongoing market and company operational changes – and effectively communicate results to actuarial management. This could include:
  • Produce, deliver, and explain actuarial rate analyses on individual accounts that support the insurance quote process and in-force book maintenance.
  • Provide and interpret actuarial diagnostic data for client service deliverables.
  • Oversee/perform the technical reviews of the quarterly reserve analyses.
  • Maintain pricing models and ensure they are in the most efficient automated tool and process.
• Develop, monitor, interpret, and communicate company and department financial metrics. Investigate anomalies and summarize for management.
• Assist actuarial management in being a thought leader in the department, ensuring applicable actuarial methods, techniques, and processes are appropriately sophisticated and reflect current industry standards.
• Participate in strategic and departmental special projects at the request of management and effectively interpret results.
• As needed, work with actuarial leadership to develop external relationships with Berkley corporate staff and actuarial auditors by assisting with periodic project requests and preparing for and participating in joint discussions.
• All other duties as assigned.

Qualifications

• Advanced knowledge in actuarial reserving and ratemaking methodologies.
• Advanced knowledge of data analysis tools, such as Excel, SQL, Power BI, including writing data inquiries.
• Proven practical experience in coordinating efforts with other departments.
• Excellent understanding of the organization’s goals and objectives.
• Experience with relational databases (Access, SQL Server) is preferred.
• Self‑motivated, autonomous performer.
• Advanced analytical, mathematical, and creative problem‑solving.
• Keen attention to detail.
• Active listener.
• Develops solutions to a variety of problems of advanced scope and complexity.
• Ability to communicate ideas in both technical and user‑friendly language.
• Proven ability to effectively prioritize and execute tasks in a high‑pressure environment.
• Strong customer service orientation.
• Demonstrated commitment to continuing education in field of expertise.
• Experience working in a team‑oriented, collaborative environment.

Education

• College or university degree in the field of mathematics, statistics, actuarial science, or another similar quantitative field.
• 5 or more years related work experience.
• ACAS credential required and FCAS credential preferred.

Additional Company Details

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

Benefits

• Base Salary Range: $150,000 – $180,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and 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.

The application window for this role is estimated to be open through December 31, 2025, but may be extended, if necessary. Please submit your application as soon as possible prior to December 31, 2025.

Sponsorship Details

Sponsorship not Offered for this Role

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance and Sales

Industries

Financial Services and Insurance