Reserving Actuary

Actuarial AnalystBerkley Southeast Insurance Group (BSIG) is a member company of W. R. Berkley Corporation, a Fortune 500 Company, whose insurance company subsidiaries are rated A+(Superior) by A. M. Best Company. BSIG provides local underwriting, risk services, claim, marketing and audit services for agents and policyholders in Alabama, Georgia, Mississippi, South Carolina, North Carolina and Tennessee. We take a broad approach to underwriting for best in class businesses, primarily in construction, light manufacturing, wholesale, distribution and business service industries.The Company is an equal employment opportunity employer.The primary responsibility is to procure and organize data and perform advanced actuarial analysis to support pricing, reserving, and forecasting processes. This position will take the lead role in the loss ratio forecasting process, using research, analysis, collaboration, and judgment.Key functions will include but not be limited to:Provide support for Rate Reviews, Ratemaking, and Actuarial Indications by collecting, compiling and analyzing data on price, exposure, losses, policy, and claim counts pertaining to sameProvide regular estimates of adequate loss and expense reservesProvide support for the company's planning processesAssist Underwriting in identifying segments with profitable growth potential and identify underperforming segments and propose corrective actions to improve profitabilityProvide support for advanced analytics and modeling techniquesProvide support in enterprise risk management, including support for catastrophe management, economic capital modeling, internal rate of return studiesProvide assistance in the development of rating methodologies concerning both existing and new company productsProvide tools and analysis in support of Underwriting's pricing decisions with respect to large accountsQualifications:7-10 years of Property & Casualty actuarial workThe position requires successful completion of at least four actuarial examsExcellent knowledge of Excel spreadsheet software. Experience with SQL and Power BI is a plusAdvanced actuarial analysisData collection, compilation, and interpretationForecasting and modelingCollaboration and judgment in decision-makingPricing and reserving methodologiesRisk management and financial analysisProficiency with spreadsheet software and databasesEducation:Bachelor's degree in actuarial science, mathematics, economics, applied mathematics, statistics, computer programming, business or any related fieldAdditional Company Details:We do not accept any unsolicited resumes from external 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.Sponsorship not Offered for this Role