Pricing Analyst — Hybrid Insurance Pricing & Analytics

Berkshire Hathaway Homestate Companies; Omaha (NE); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Wellness program

Onsite fitness center

Educational reimbursement

Employer 5% match retirement plan

Parental leave

Parking subsidy

Job summary

BHHIC Berkshire Hathaway Homestate Insurance Company is seeking a Pricing Analyst to support Pricing, Business Analysis, and Product Development. The role involves analyzing data, applying math and statistics to property and casualty pricing, and supporting regulatory rate filings.

The position sits in Alpharetta, GA or Omaha, NE with hybrid work after training; visa sponsorship is not available. You will collaborate with actuarial, pricing, underwriting, regulatory, and technology teams to

Qualifications

• Bachelor’s degree or equivalent work experience.
• One or more years of relevant work experience.
• Proficiency with spreadsheet software.
• Strong ability to organize and analyze data with accuracy and attention to detail.
• Excellent verbal and written communication skills.
• Strong computer proficiency and ability to learn quickly.
• Ability to work independently, manage detailed work, and maintain confidentiality.
• Two to three years of related work experience preferred.
• Knowledge of finance, business, statistics, and insurance principles preferred.
• Experience with database manipulation software, statistical software, or programming preferred.

Responsibilities

• Compile data, calculate statistics, and develop analyses for insurance rating studies.
• Analyze company experience, statistical information, and underwriting practices to calculate indicated changes in rate levels.
• Perform ongoing statistical studies of pricing components, including loss development factors, trend factors, increased limit factors, and expense loads.
• Apply mathematics, statistics, finance, and business principles to property and casualty insurance pricing problems.
• Prepare and revise company rate manual pages based on approved pricing and underwriting decisions.
• Compile exhibits, explanations, statistical analyses, state filing forms, and supporting materials for company rate filings.
• Assist with responses to state Insurance Department inquiries, including actuarial justification of filed rates.
• Research and summarize state laws and regulatory requirements affecting insurance coverages and communicate issues for appropriate review.
• Prepare written instructions regarding rate and product changes and respond to questions about company rate structures.
• Maintain worksheets and programs used to generate assigned product manuals.
• Support the maintenance of computerized pricing systems and related information, including rate changes, rate level indications, loss statistics, actuarial reports, and loss development triangles.
• Participate in the development, modification, and testing of technology supporting assigned product lines.
• Partner with software development teams to help ensure technology solutions are straightforward and easy to use.
• Support special actuarial and pricing projects and monitor relevant regulatory, legislative, and insurance industry developments.

Skills

Data analysis

Statistics

Excel

Communication

Independent work

Detail-oriented

Learning quickly

Education

Bachelor’s degree or equivalent

CAS exams preferred

Tools

Database manipulation software

Statistical software

Programming

Job description

BHHIC Berkshire Hathaway Homestate Insurance Company is seeking a Pricing Analyst to support Pricing, Business Analysis, and Product Development. The role involves analyzing data, applying math and statistics to property and casualty pricing, and supporting regulatory rate filings.

The position sits in Alpharetta, GA or Omaha, NE with hybrid work after training; visa sponsorship is not available. You will collaborate with actuarial, pricing, underwriting, regulatory, and technology teams to