Berkley

VP, Chief Actuary

Berkley • $160K — $200K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 15 years of related experience or training.
  • Fellow of the Casualty Actuarial Society (FCAS) with commitment to continuing education.
  • Proven success in managing teams and implementing strategic visions.
  • Strong problem analysis and resolution skills.
  • Excellent interpersonal and communication skills.
  • Proficiency in Microsoft Office, particularly Excel, and basic SQL.
  • Familiarity with actuarial or analytics software like Arius, R, Python, and Tableau.

Responsibilities

  • Lead the actuarial component of company planning processes.
  • Provide insights on company, economic, and marketplace trends.
  • Implement advanced analytics and lead vision for growth.
  • Improve actuarial capabilities and develop competitive rating methodologies.
  • Partner with Underwriting, Claims, and Finance teams to enhance collaboration.
  • Develop talent and inspire a high-performing Actuarial Team.
  • Perform advanced analytics and modeling techniques to support decision-making.

Benefits

  • Hybrid work model with 4 days in the office and 1 day remote.
  • Comprehensive benefits package including paid time off and wellness programs.
  • Access to advanced tools in technology such as AI and data analytics.
  • Employer-funded health savings account and profit-sharing options.
  • Tuition assistance and support for professional continuing education.
Full Job Description
This role will be based in our Meridian, ID office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

#LI-AV1 #LI-HYBRID

Responsibilities

Become a key player in our dynamic team as the VP, Chief Actuary Officer. In this role, you'll report to the BNP President, provide strategic direction and leadership to the Actuarial Function while partnering with the BNP's Senior Leadership team. You'll benefit from sharing best practices with your fellow Actuarial Officers from the other 65 Berkley operating units and home office. We'll trust you to develop and execute strategic plans that drive our business objectives. Your business acumen coupled with your ability to pivot from the tactical to strategic delivery of Pricing, Reserving, and Analytics will be crucial to our success.

What You Can Expect as a C-Suite Leader:
  • Innovative Culture: Thrive in a nimble, flat organization where innovation and teamwork are at the core.
  • Growth Mindset: Opportunities to tackle challenging and meaningful projects for continuous learning and development. You'll work with supportive colleagues and leaders who are committed to investing in talent.
  • Successful history: Strong industry reputation, market presence, financial stability anchored in ethical standards, integrity and professionalism.
  • Impactful Change: Leverage your expertise to drive meaningful change and make a significant impact on the company's success.
  • Technological Innovation: Access to evolving advanced tools and technologies, such as AI, machine learning, and data analytics.
  • Comprehensive Benefits: Benefit from competitive compensation, paid time off, healthy work-life balance and comprehensive wellness programs. Enjoy an employer-funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance, and professional continuing education.

We'll count on you for:

Entrepreneurial Leadership:
  • Lead the actuarial component of the company's planning processes.
  • Provide insights into company, economic, and marketplace trends.
  • Lead the vision, growth, and implementation of advanced analytics.
  • Innovate and improve actuarial and analytics capabilities; adapt and develop rating methodologies for competitive advantage.

Strategic Mindset:
  • Develop and offer strategic direction for the company.
  • Lead the actuarial component of the company's planning processes.
  • Identify growth segments and propose corrective actions for underperforming segments.

Collaboration and Partnership:
  • Partner closely with BNP's Underwriting, Claims and Finance teams.
  • Collaborate across the enterprise with W.R. Berkley Actuaries and
  • Analytics teams to advance company capabilities.
  • Proactively seek out competitive market analytics and position reviews to inform business decisions.
  • Participate in enterprise risk management initiatives.

Talent Development:
  • Lead a small high-performing Actuarial Team, providing direction, mentorship, and evaluation.
  • Develop talent, motivate, and inspire through frequent and specific feedback.
  • Measure results and reward achievement.
  • Maintain compliance with actuarial policies and standards.

Lead Through Change:
  • Perform advanced analytics and modeling techniques using tools like SAS, R, Pretium, Emblem, and stochastic simulation techniques.
  • Identify, retrieve, and prepare data for actuarial analysis using SQL, Essbase, and other data sources.
  • Prepare loss and expense reserves estimates.
  • Lead rate reviews, ratemaking, and actuarial indications.
  • Implement advanced analytics for improved accuracy and efficiency; support the development of Tableau reporting and analytical tools/models.


Qualifications

What you need to have:
  • Bachelor's degree; or 15 years related experience or training; or equivalent combination of education and experience.
  • Fellow of the Casualty Actuarial Society (FCAS) with a commitment to continuing education.
  • Success managing teams and implementing strategic vision.
  • Strong problem analysis and resolution skills.
  • Excellent interpersonal and communication skills.
  • Proficiency in Microsoft Office, Excel, and basic SQL.
  • Knowledge of actuarial or analytics software such as Arius, R, Python, and Tableau.

What Makes You Stand Out:
  • Ability to attract, coach, and develop talent.
  • Effective leadership and project management skills.
  • Strong customer orientation.


Additional Company Details

We 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

Sponsorship Details

Sponsorship not Offered for this Role

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

For those interested in joining Berkley, staying updated on new job openings and company news is easy. Subscribe to receive tailored job alerts and read the latest insights on career development and industry trends.

Join Berkley

Discover the career opportunities waiting at Berkley. Search for open positions that match your skills and interests. Berkley is looking for curious, creative, and solution-driven team players ready to make an impact.

SEARCH BERKLEY JOBS

Read Careers Blog

Stay informed with career tips, insider perspectives, and industry-leading insights from Berkley professionals. Use this knowledge to enhance your resume, prepare for interviews, and understand the job market landscape.

Job Alert Emails

Personalize your subscription to receive job alerts and insider tips tailored to your preferences from Berkley. Explore the exciting and rewarding career opportunities that await.

READ CAREERS BLOG

Learn more about Berkley
Size
51 employees
Industry

Similar Jobs

More Jobs at Berkley

More Finance & Insurance Jobs

Find similar VP, Chief Actuary jobs: