What are the responsibilities and job description for the Actuary position at Berkley Edge (a Berkley Company)?
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
Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
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.
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
- Utilizes 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 used to 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
- Performs advanced analytics and modeling techniques including but not limited to generalized linear modeling and other forms of multivariate analysis.
- 6 years of experience in a data-related role with working knowledge of information systems
- Preferred: 3 years of experience in 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.
- Required: Strong knowledge of SQL.
- Preferred: intermediate knowledge of Power BI.
- Required: knowledge of the insurance industry and IT systems.
- Preferred: intermediate knowledge of R and Python.
- Ability to adapt.
- Strong problem solving and communication skills.
- Strong organization 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 occasional basis.
- Reasonable, regular, and predictable attendance.
Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
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.