Actuary

Company Details Berkley Specialty Excess provides excess and surplus lines coverages for mid‑market companies with hard‑to‑place, specialized risks including environmental (excess and primary); excess energy and excess for other industry verticals to be developed with the possibility of including excess general casualty that involve moderate to high degrees of hazard and require highly negotiated terms to meet buyer's needs. The distribution of products is limited to industry specialized brokers, wholesale for all products and large retail brokers for environmental products. Company URL: Equal Opportunity Employer Responsibilities The Actuary will assist in both pricing and reserving capacities. This role involves the development and maintenance of rating algorithms and software, the construction and interpretation of loss triangles, and the timely delivery of actuarial reports and regular corporate or statutory reports. Perform actuarial analyses including price monitoring, claims trend, exposure profiling, profitability, etc. Develop and test risk pricing software, experience raters, and other actuarial tools. Update rating variables through experience and industry studies. Assess rate changes and communicate impacts to underwriters. Conduct scheduled and ad hoc loss ratio studies. Create and maintain claims and expense development triangles to diagnose the book. Provide support in quarterly analysis and reports. Support WRBC in year‑end loss reserve opinion and documentation as required for the annual statement. Assist and support the Finance Department and WRBC in Schedule P preparation and other reserve areas. Participate in the planning/budget process preparation. Ability to travel, as needed. Perform other support duties as assigned. Qualifications Minimum of (5 years) work experience within the property/casualty insurance industry with exposure to rate‑making and reserving. Critical thinker. Excellent analytical and problem‑solving abilities. Self‑starter with ability to prioritize heavy workload and escape tasks that might be falling behind. Comfortable using any quantitative programming language (Excel, VBA, R, Python, SQL, SAS, MATLAB). Familiarity with any business insights software (including Shiny, Power BI, Tableau, Markdown, etc.). Unafraid to learn and use new programming languages in two weeks or less. Ability to transform data into actionable insights. Exceptional communication and interpersonal skills. High level of integrity and dependability with a strong sense of urgency and results‑orientation. Technical proficiency is required. Education Requirement Bachelor's degree in Business, Finance, Actuarial Science, data science, or a related field. A passing mark on at least five actuarial exams. #J-18808-Ljbffr Berkley