Berkley Oil & Gas (a Berkley Company) · 2 days ago
Associate Actuary
Englewood, CO
Full-time
Onsite
Senior Level
$150K/yr - $180K/yr
5+ years expBerkley Oil & Gas is an insurance underwriting manager focused on the energy sector, providing unique property and casualty products. The Associate Actuary is responsible for coordinating and performing complex actuarial analyses to estimate expected losses for insurance products, as well as recommending enhancements to existing processes.
Financial ServicesInsuranceRisk Management
No H1B
Responsibilities
Leverage advanced knowledge of generally accepted actuarial techniques, as well as database and programming skills, to ensure that pricing and reserving actuarial analyses appropriately and accurately reflect ongoing market and company operational changes – and effectively communicate results to actuarial management
Produce, deliver, and explain actuarial rate analyses on individual accounts that support the insurance quote process and in-force book maintenance
Provide and interpret actuarial diagnostic data for client service deliverables
Oversee/perform the technical reviews of the quarterly reserve analyses
Maintain pricing models and ensure they are in the most efficient automated tool and process
Develop, monitor, interpret, and communicate company and department financial metrics
Investigate anomalies and summarize for management
Assist actuarial management in being a thought leader in the department, ensuring applicable actuarial methods, techniques, and processes are appropriately sophisticated and reflect current industry standards
Participate in strategic and departmental special projects at the request of management and effectively interpret results
As needed, work with actuarial leadership to develop external relationships with Berkley corporate staff and actuarial auditors by assisting with periodic project requests and preparing for and participating in joint discussions
All other duties as assigned
Qualification
Required
Advanced knowledge in actuarial reserving and ratemaking methodologies
Advanced knowledge of data analysis tools, such as Excel, SQL, Power BI, including writing data inquiries
Proven practical experience in coordinating efforts with other departments
Excellent understanding of the organization's goals and objectives
Self-motivated, autonomous performer
Advanced analytical, mathematical, and creative problem-solving
Keen attention to detail
Active listener
Develops solutions to a variety of problems of advanced scope and complexity
Ability to communicate ideas in both technical and user-friendly language
Proven ability to effectively prioritize and execute tasks in a high-pressure environment
Strong customer service orientation
Demonstrated commitment to continuing education in field of expertise
Experience working in a team-oriented, collaborative environment
College or university degree in the field of mathematics, statistics, actuarial science, or another similar quantitative field
5 or more years related work experience
ACAS credential required
Preferred
Experience with relational databases (Access, SQL Server)
FCAS credential preferred
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans
Company
Berkley Oil & Gas (a Berkley Company)
Berkley Oil & Gas, a Berkley Company, is an energy insurance provider that is committed to providing innovative insurance products and services to upstream oil and gas customers.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Stephen P. Macdonough
Chief Financial Officer
Eric Castillo
Chief Operating Officer
Company data provided by crunchbase