Berkley Edge (a Berkley Company) ยท 1 day ago
Actuary
Berkley Edge is a company that offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business. They are seeking an Actuary to analyze data and develop advanced rating methodologies to improve underwriting results and participate in cross-functional projects.
Insurance
Responsibilities
Analyze both internal and external data to adapt and develop advanced rating methodologies for existing company products
Use advanced techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results
Utilizes advanced loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses
Produce regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company
Represent the needs of the actuarial department on cross functional projects
Constantly seek to improve current reporting and actuarial processes
Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines
Performs advanced analytics and modeling techniques including but not limited to generalized linear modeling and other forms of multivariate analysis
Qualification
Required
6+ years of experience in a data-related role with working knowledge of information systems
Minimum FCAS designation offered by the Casualty Actuarial Society
Bachelor's degree in a related field (mathematics, business, finance, technical)
Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint)
Strong knowledge of VBA
Strong knowledge of SQL
knowledge of the insurance industry and IT systems
Ability to adapt
Strong problem solving and communication skills
Strong organization skills and ability to multitask and prioritize multiple tasks at once
Ability to work outside normal work schedule to fulfill responsibilities
Ability to travel on occasional basis
Reasonable, regular, and predictable attendance
Preferred
3+ years of experience in Pricing role within General Liability or Professional Liability
intermediate knowledge of Power BI
intermediate knowledge of R and Python
Benefits
Relocation assistance
Competitive compensation plan
Robust benefits package
Company
Berkley Edge (a Berkley Company)
Innovative insurance solutions for complex casualty and professional liability risks.
Funding
Current Stage
Early StageCompany data provided by crunchbase