Berkley

Director, Actuarial

Berkley$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of Property/Casualty actuarial experience
  • At least four actuarial exams completed
  • Proficient in Excel; SQL and Power BI knowledge preferred
  • Strong capabilities in advanced actuarial analysis
  • Experience in data collection, compilation, and interpretation
  • Skills in forecasting and modeling
  • Ability to collaborate effectively and exercise sound judgment in decisions
  • Familiarity with pricing and reserving methodologies
  • Knowledge in risk management and financial analysis

Responsibilities

  • Lead the loss ratio forecasting process through research and analysis
  • Support Rate Reviews and Ratemaking by analyzing relevant data
  • Estimate adequate loss and expense reserves regularly
  • Assist in identifying profitable growth segments for Underwriting
  • Support advanced analytics and modeling for decision-making
  • Help with enterprise risk management and catastrophe management
  • Contribute to developing rating methodologies for company products
  • Provide analytical tools to assist Underwriting in pricing decisions

Benefits

  • Competitive compensation plan
  • Robust benefits package for full-time regular employees
Full Job Description
Responsibilities

The primary responsibility is to procure and organize data and perform advanced actuarial analysis to support pricing, reserving, and forecasting processes. This position will take the lead role in the loss ratio forecasting process, using research, analysis, collaboration, and judgment.

 

  • Provide support for Rate Reviews, Ratemaking, and Actuarial Indications by collecting, compiling and analyzing data on price, exposure, losses, policy, and claim counts pertaining to same
  • Provide regular estimates of adequate loss and expense reserves
  • Provide support for the company’s planning processes
  • Assist Underwriting in identifying segments with profitable growth potential and identify underperforming segments and propose corrective actions to improve profitability
  • Provide support for advanced analytics and modeling techniques
  • Provide support in enterprise risk management, including support for catastrophe management, economic capital modeling, internal rate of return studies
  • Provide assistance in the development of rating methodologies concerning both existing and new company products
  • Provide tools and analysis in support of Underwriting’s pricing decisions with respect to large
Qualifications
  • 7-10 years of Property/Casualty actuarial work
  • The position requires successful completion of at least four actuarial exams
  • Excellent knowledge of Excel spreadsheet software. Experience with SQL and Power BI is a plus
  • Advanced actuarial analysis
  • Data collection, compilation, and interpretation
  • Forecasting and modeling
  • Collaboration and judgment in decision-making
  • Pricing and reserving methodologies
  • Risk management and financial analysis
  • Proficiency with spreadsheet software and databases

Education

  • Bachelor’s degree in actuarial science, mathematics, economics, applied mathematics, statistics, computer programming, business or any related field
Additional Company DetailsWe 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 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.

About Berkley

Berkley is a packaging company that develops innovative solutions to help our customers sell more product and be on the edge. Berkley offers the cost advantages and creative control of an in house/on site agency without the risk and hassle of oversight. Berkley develops turnkey retail environments – including design, manufacturing and installation services.

Berkley Careers

Joining Berkley presents a prime opportunity to be part of a team renowned for its leadership in the industry, fostering innovation and growth. Berkley, a company committed to professional excellence and diversity, offers a range of job opportunities that cater to various skills and career aspirations.

Explore Job Opportunities

Berkley is actively hiring, seeking individuals who are passionate, driven, and ready to contribute to a dynamic team environment. With a variety of positions available, Berkley provides a platform for professionals at every stage of their career, from entry-level to senior leadership roles.

Internship Programs

Kickstart a career with Berkley through comprehensive internship programs designed to provide hands-on experience in a real-world setting. Internships at Berkley are a gateway to full-time employment, offering invaluable industry exposure and networking opportunities.

Professional Growth and Development

Berkley is dedicated to the continuous professional development of its team members. The company supports career advancement through leadership training programs, workshops, and seminars that enhance skills and foster innovation.

Diversity and Inclusion

At Berkley, diversity is celebrated and actively promoted through various initiatives and diversity training programs. The company believes that a diverse workforce is key to driving creativity and innovation.

Benefits and Culture

Employees at Berkley enjoy a range of benefits designed to support their professional and personal lives. The company culture emphasizes teamwork, respect, and integrity, creating an environment where everyone can thrive.

Applying for a Position

To apply for a position at Berkley, candidates are encouraged to submit a resume that highlights relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's fit with Berkley's culture and values.

Stay Connected with Berkley Careers

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Learn more about Berkley
Size
51 employees
Industry

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