Actuarial Data Scientist

Berkshire Hathaway GUARD Insurance Companies

$120K — $190K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field such as Actuarial Science, Data Science, or Statistics.
  • 3-5 years of experience in the Actuarial Data Science field.
  • Proficiency in Python for developing production-quality analytical code.
  • Advanced SQL skills for data extraction and analysis.
  • Experience with large datasets and statistical modeling techniques.
  • Strong communication and collaboration skills.
  • Ability to work independently in a fast-paced environment.

Responsibilities

  • Partner with actuarial teams to improve pricing sophistication and risk segmentation.
  • Develop and enhance pricing and risk selection models using machine learning techniques.
  • Apply advanced analytics to various insurance datasets to uncover trends and growth opportunities.
  • Support pricing initiatives through advanced analytical techniques and profitability studies.
  • Develop predictive models using GLMs and other statistical approaches, balancing performance and business needs.
  • Research internal and external data sources to improve underwriting insights.
  • Build scalable analytical workflows and collaborate with tech teams to operationalize models.
  • Promote best practices in model development and documentation across teams.

Benefits

  • Eligible for performance-based short-term incentive plan.
  • Opportunity to work in a hybrid model with 3 days in the NYC office per week.
  • Access to modern data science and software engineering practices.
  • Technical mentorship from leadership and exposure to senior stakeholders.
Full Job Description
Responsibilities

We're seeking an Actuarial Data Scientist that would be reporting to the AVP, Data Science & Commercial Lines Pricing. Thisrole combines actuarial analytics, predictive modeling, and technical leadership to advance pricing sophistication, risk segmentation, underwriting performance, and profitability. The successful candidate will help modernize actuarial modeling practices, develop scalable analytical solutions, and promote the adoption of data science and software engineering best practices throughout the organization.

Day-to-day:

  • Partner with actuarial to develop analytical solutions that improve pricing sophistication, risk segmentation, underwriting performance, and profitability.
  • Develop and enhance pricing, segmentation, profitability, and risk selection models across Commercial Lines products using both actuarial methodologies and modern machine learning techniques.
  • Apply advanced analytics to pricing, underwriting, claims, and other insurance datasets to identify trends, emerging risks, and opportunities for profitable growth.
  • Support rate reviews, indication analyses, profitability studies, portfolio management, and other pricing initiatives through advanced analytical techniques.
  • Develop predictive models using GLMs and other statistical and machine learning approaches while balancing predictive performance, business value, interpretability, and regulatory considerations.
  • Research and evaluate internal and external data sources to enhance underwriting, pricing, and portfolio insights.
  • Build scalable, production-ready analytical workflows and collaborate with data engineering and technology teams to operationalize models and analytical solutions.
  • Promote best practices in model development, coding standards, testing, documentation, version control, reproducibility, model governance, and performance monitoring.
  • Provide technical guidance and mentorship to actuarial and analytical teams, helping advance the adoption of modern data science and software development practices.
  • Communicate analytical findings and recommendations to technical and non-technical audiences, including senior leadership, and help drive adoption of analytical solutions across the organization.
Qualifications

Required

  • Bachelor's degree in Actuarial Science, Statistics, Mathematics, Data Science, Computer Science, Engineering, Economics, or a related quantitative field.
  • 3-5 years of experience in Actuarial Data Science field
  • Experience developing predictive models and advanced analytical solutions in a business environment.
  • Strong proficiency in Python, including development of production-quality analytical code.
  • Advanced SQL skills for large-scale data extraction, transformation, and analysis.
  • Experience working with large, complex datasets and statistical modeling techniques.
  • Strong communication, collaboration, problem-solving, and stakeholder management skills.
  • Ability to work independently in a fast-paced environment.

Preferred

  • Experience working with actuarial pricing methodologies.
  • Experience with Commercial Lines products such as Workers Compensation, Commercial Auto, General Liability, Businessowners (BOP), Professional Liability, Umbrella, or similar coverages.
  • Experience leading actuarial or analytical modernization initiatives.
  • Familiarity with Git or Azure DevOps, code review processes, CI/CD concepts, package management, and collaborative development workflows.
  • Familiarity with model governance, validation, and monitoring frameworks.
  • Candidates with combined actuarial and data science backgrounds are strongly encouraged to apply.

Applicants must be authorized to work in the U.S. without current or future sponsorship

Salary Range:

$120,000 6 $190,000.

In addition to base salary, this role will be eligible for a short-term incentive plan (performance-based bonus), subject to individual and company performance.

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

The successful candidate is expected to work in our NYC office 3 days per week and also be available for travel as required

Similar Jobs

More Jobs at Berkshire Hathaway GUARD Insurance Companies

More Finance & Insurance Jobs

Find similar Actuarial Data Scientist jobs: