Pricing Actuary

WHAT WE'RE LOOKING FOR Berkshire Hathaway Homestate Companies has an immediate vacancy for a Pricing Actuary to join its Actuarial team. This individual is responsible for integrating industry and company performance data to develop and implement pricing strategies across various regions, markets, and products within our Workers Compensation business. Additionally, this position will provide essential technical support to guide the effective use of the company’s pricing models and analytical tools. Works closely and communicates effectively with internal and external clients, data analytics team, actuaries, underwriting, marketing, and other departmental teams to turn data into critical information and knowledge that can be used to make sound organizational decisions. Ability to present findings back to the business by exposing assumptions and validations in a way that can be easily understood by business counterparts is essential. RESPONSIBILITIES Review rate adequacy and provide recommendations when deviations and revisions from standard assumptions are appropriate. Enhance and refine existing pricing models and develop new pricing models to support the Company’s strategic objectives. Monitor legislative and regulatory activity and ensure compliance in mandated reporting. Develop and maintain analytical standards and procedures, including peer reviews, to ensure consistency across department of analysis, execution, knowledge sharing and documentation. Actively engage with and participate in industry professional organizations and rating committees, representing the Company’s strategic interests while presenting as an expert thought leader within the professional community. QUALIFICATIONS Education: Bachelor’s degree in Statistics, Mathematics, Risk Management, or other related quantitative field, required. Certifications/ Licenses: Fellow or Associate of the Casualty Actuarial Society strongly preferred. Predictive Modeling accreditation desirable. Experience: Minimum of seven (7) years of FCAS or ACAS experience building predictive statistical models with pricing emphasis required. Experience with statistical computer languages and fluency with "big data" tools (R, Python, SAS, SQL, etc.) to manipulate data and draw insights from large data sets is preferred. Required technical skills: In-depth knowledge of insurance industry, programming, and current technologies used in predictive modeling and statistical analysis. Highly sophisticated ability to create and use advanced statistical and predictive modeling techniques and concepts (generalized linear models, non-linear models, machine learning, etc.). Proficiency in statistical analysis, quantitative analytics, forecasting/predictive analytics, multivariate testing, and optimization algorithms. KEY SKILLS Problem‑solving: Logical thought process, ability to gather and analyze information, and provide solutions in complex situations. Statistical analysis: Studies industrial, business, and technological trends and forecasts; differentiates data sources for validity, reliability, and credibility. Interpersonal: Solid team‑builder, result oriented, creative and strategic thinker with innovative problem‑solving skills; approachable and trustworthy; strong bond with executives and stakeholders. Innovation & initiative: Drive to learn and master new technologies and techniques; employs sound judgment to deploy innovations for higher returns. Business focus: Leads discussions with senior leaders and internal partners to support strategic planning and decision making. Data visualization & communication: Explains and illustrates context of complex inter‑related situations to a wide and diversified audience. BENEFITS Bonus Eligibility Hybrid Work Schedule (up to 2 days work from home) Paid Time Off Paid Holidays Immediate Vesting of Retirement Savings + Company Match Group Health Insurance (Medical, Dental, and Vision) Life and AD&D Insurance Long Term Disability Insurance Hospital Indemnity Insurance Accident and Critical Illness Insurance Flexible Savings Accounts Paid Community Volunteer Day Employee Assistance Program Tuition Reimbursement Program Employee Referral Program Diversity, Equity and Inclusion Program #J-18808-Ljbffr