Actuarial Analyst

Company Details

Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.

We have a welcoming culture valuingour employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important, and every accomplishment makes a difference in our results. Come join us!

The company is an equal opportunity employer.

https://www.berkleypublicentity.com/

Responsibilities

TheActuarialAnalyst is primarily responsiblefor basic actuarial functions, actuarial estimations, and providing overall support to the Department. General functions includedata analyticsin support of pricing models,management and analysis of claims data, andfinancial/actuarialreporting.

• Assistin regular preparation and analysis of proprietary statistical data to informlosscosts, severity distributions, and other pricing considerations.
• Provide support in updating pricing models and communicating changes asappropriate.
• Interfacewith Underwriting, IT,Operations,and Finance departments to ensure data quality standards are met.
• Assistin the development/maintenance/distribution of actuarial reports and databases.
• Provide support in quarterly analysis of loss and expense reserves.
• Provide support in the analysis of segments of the businessfor claim trends&profitability.
• Assist the Pricing Actuary with various data requests and pricing analyses.
• Perform other support duties as assigned.

Qualifications

• Bachelor’s degree inMathematics, Actuarial Science, orsimilararea.
• Completion ofminimum of1-3actuarial examinations.
• Advanced knowledge of Microsoft Excelrequired.
• Understanding ofapplications and development usingVisual Basic, Microsoft SQL Server ReportingServices, (SQL language, R,Python, etc. isaplus).
• Excellentcapability toorganize andanalyze various forms of statistical data.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes: Base Salary Range: $70,000 - 85,000 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. Eligible to participate in the annual discretionary bonus program Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship Details

Sponsorship not Offered for this RoleTheActuarialAnalyst is primarily responsiblefor basic actuarial functions, actuarial estimations, and providing overall support to the Department. General functions includedata analyticsin support of pricing models,management and analysis of claims data, andfinancial/actuarialreporting. - Assistin regular preparation and analysis of proprietary statistical data to informlosscosts, severity distributions, and other pricing considerations. - Provide support in updating pricing models and communicating changes asappropriate. - Interfacewith Underwriting, IT,Operations,and Finance departments to ensure data quality standards are met. - Assistin the development/maintenance/distribution of actuarial reports and databases. - Provide support in quarterly analysis of loss and expense reserves. - Provide support in the analysis of segments of the businessfor claim trends&profitability. - Assist the Pricing Actuary with various data requests and pricing analyses. - Perform other support duties as assigned.AssociateMid-Senior Level