Berkley Public Entity (a Berkley Company) · 3 weeks ago
AVP, Actuary
Morristown, NJ
Full-time
Onsite
Mid, Senior Level
$185K/yr - $210K/yr
5+ years expBerkley Public Entity (BPE) is a growing, dynamic company focused on providing innovative insurance and reinsurance solutions to public entities. The AVP, Pricing Actuary leads the strategic development and execution of pricing initiatives, partnering closely with senior leadership to drive profitability and operational excellence.
ConsultingInsuranceRisk Management
No H1B
Responsibilities
Assists in the monitoring/analysis of key strategic business metrics for claims, underwriting, and management
Lead the development and refinement of pricing strategies across all lines of business, ensuring alignment with corporate profitability goals
Oversee the design, implementation, and governance of proprietary pricing models and tools
Provide strategic actuarial insight to senior leadership on rate adequacy, market trends, and portfolio performance
Manage and mentor a team of actuaries and analysts, fostering professional development and technical excellence
Collaborate with Underwriting and Product Development to support new product launches and enhancements
Direct complex pricing analyses for large accounts and reinsurance structures
Lead the preparation of rate filings and regulatory support documentation
Partner with Finance on planning, forecasting, and capital modeling initiatives
Represent BPE in actuarial committees and industry forums as needed
Ensure data integrity and lead initiatives to enhance data infrastructure for pricing analytics
Qualification
Required
Minimum of 5-7 years of experience in the Property/Casualty Insurance industry
Bachelor's Degree required, preferably in Mathematics or Actuarial Science, or a related field
Demonstrated ability to manage multiple priorities in a fast-paced environment
Preferred
Strong background in pricing, with experience in public entity or specialty lines preferred
FCAS designation preferred; ACAS with relevant experience may be considered
Proven leadership and team management experience preferred
Excellent communication and presentation skills, with the ability to influence cross-functional stakeholders
Advanced proficiency in actuarial software, Excel, and programming languages such as SQL, R, or Python preferred
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Profit-Sharing plans
Company
Berkley Public Entity (a Berkley Company)
Berkley Public Entity is exclusively focused on tailoring liability coverages that meet the unique needs of cities, counties, schools, community colleges, transit districts, special districts, and public utilities.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Scott Barraclough
CEO
Company data provided by crunchbase