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Actuarial Analyst

$110k - $150k

W. R. Berkley

Actuarial AnalystThe Actuarial Analyst supports the underwriting function by analyzing data, developing and enhancing rating methodologies, and producing reports and analyses that improve underwriting and financial results, while collaborating with cross-functional teams and providing high-quality support to the actuarial department.Analyze internal and external data to adapt and develop intermediate rating methodologies for existing company products.Use intermediate techniques to incorporate new variables to gain competitive advantage and improve underwriting results.Utilize intermediate loss development and other methods to participate in determining incurred but not reported (IBNR) reserve estimates for profitability analyses.Produce regular monthly reports and analyses used in the financial close process and to improve underwriting results.Represent the needs of the actuarial department on cross-functional projects.Continuously 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.QualificationsBachelor's degree in a related field (mathematics, business, finance, technical).2+ years of experience in a data-related role with working knowledge of information systems.Minimum of 4 exams passed toward ACAS/FCAS designation offered by the Casualty Actuarial Society.Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).Strong knowledge of VBA.Strong knowledge of SQL.Knowledge of the insurance industry and IT systems.Preferred: intermediate knowledge of Power BI.Preferred: intermediate knowledge of R and Python.Ability to adapt to changing priorities and environments.Strong problem-solving and communication skills.Strong organization skills with ability to multitask and prioritize multiple tasks at once.Ability to work outside normal work schedule to fulfill responsibilities.Ability to travel on an occasional basis.Reasonable, regular, and predictable attendance.Additional Company DetailsWe 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 Ranges: Senior Actuarial Analyst: $110K - $150K Actuarial Analyst II: $90K - $110K Actuarial Analyst I: $70k - $90k 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.Additional RequirementsThe application window for this role is estimated to be open through June 30, 2026, but may be extended, if necessary. Please submit your application as soon as possible prior to July 31, 2026. Location and Travel: • Primary location Scottsdale, AZ but can also sit in Englewood CO or Glen Allen, VA. • Travel: Ability to travel on an occasional basis.Sponsorship DetailsSponsorship not Offered for this Role

Vacancy posted 3 days ago
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