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Actuarial Analyst

W. R. Berkley Corporation

Morristown, NJ, US$65,000 - $70,0004 weeks ago
108 views59 saves20 applies

Benefits

Dental & VisionPaid Time Off401kRetirement Plan

Job Type

full time

Description

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 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.

https://www.berkleypublicentity.com/

Responsibilities

The Actuarial Technician is primarily responsible for data analysis & organization as it pertains to the Actuarial and Underwriting functions, including for individual account pricing and broader pricing analyses. This role will have a high level of interaction within both the Underwriting and Actuarial teams in support of pricing large and complex Public Entity risks.

  • Support the Underwriting team in scrubbing, organizing, and analyzing account specific loss and exposure data to aid in pricing large individual risks.
  • Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations.
  • Interface with Underwriting and Actuarial departments to ensure data quality standards are met.
  • Assist in the development/maintenance/distribution of actuarial reports and databases.
  • Provide support in the analysis of various segments of the business for claim trends & profitability.
  • Assist the Pricing Actuary with various data requests and pricing analyses.
  • Perform other duties as assigned.

Qualifications

  • Advanced knowledge of Microsoft Excel required
  • Excellent capability to organize and analyze various forms of statistical data
  • Some actuarial / applicable problem-solving experience preferred
  • 2-5+ years relevant work experience

Education Requirement

  • Bachelor’s degree required (or equivalent work experience)

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: $65,000 - 70,000 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

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Skills

data analysisunderwritingexceldata quality

About W. R. Berkley Corporation

W. R. Berkley Corporation is an American commercial lines property and casualty insurance holding company organized in Delaware and based in Greenwich, Connecticut. Founded in 1967, it is among the largest commercial lines writers in the United States.

insurance, financial servicesWebsite