Entry level actuary h1.location_city

Company Details

Berkley Public Entity (BPE) was founded in 2012 as a member company of . 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 valuing our 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.

Responsibilities

The AVP, Pricing Actuary leads the strategic development and execution of pricing initiatives across BPE’s portfolio. This role partners closely with senior leadership in Actuarial, Underwriting, Claims, and Finance to drive profitability, innovation, and operational excellence. The AVP provides oversight of pricing models, mentors actuarial staff, and contributes to enterprise-wide decision-making.

• 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.

Qualifications

• Minimum of 5-7 years of experience in the Property/Casualty Insurance industry.
• 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.
• Demonstrated ability to manage multiple priorities in a fast-paced environment.

Education Requirement

• Bachelor’s Degree required, preferably in Mathematics or Actuarial Science, or a related field.

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: $170,000 - 210,000

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 Role