Acadia Insurance (a Berkley Company) · 3 months ago
Chief Actuary Officer
Acadia Insurance, part of Berkley Corporation, is a leader in providing commercial insurance solutions. They are seeking a VP, Chief Actuary Officer to lead the Actuarial Function, develop strategic plans, and drive business objectives through advanced analytics and pricing strategies.
Commercial InsuranceInsurance
Responsibilities
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
Develop and offer strategic direction for the company
Identify growth segments and propose corrective actions for underperforming segments
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
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
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
Qualification
Required
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
Preferred
Ability to attract, coach, and develop talent
Effective leadership and project management skills
Strong customer orientation
Benefits
Competitive compensation
Paid time off
Healthy work-life balance
Comprehensive wellness programs
Employer-funded health savings account
Profit sharing
401k
Paid parental leave
Employee stock purchase plan
Tuition assistance
Professional continuing education
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
Funding
Current Stage
Growth StageLeadership Team
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
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