Actuary

Job Title

Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business. Edge will focus on small to mid-sized risks through a wholesale only distribution model.

The company is an equal employment opportunity employer.

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.

Qualifications

• 6+ years of experience in a data-related role with working knowledge of information systems
• Preferred: 3+ years of experience in Pricing role within General Liability or Professional Liability
• Minimum FCAS designation offered by the Casualty Actuarial Society
• Bachelor's degree in a related field (mathematics, business, finance, technical).
• Required: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
• Required: Strong knowledge of VBA.
• Required: Strong knowledge of SQL.
• Preferred: Intermediate knowledge of Power BI.
• Required: Knowledge of the insurance industry and IT systems.
• Preferred: Intermediate knowledge of R and Python.
• 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.

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. 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.