Finance Actuary

Reserving Actuary

Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate need for a Reserving Actuary to join its Actuarial team! This individual will oversee the quarterly analysis of loss and loss adjustment expense reserves and provide data to the Finance Department for external financial reporting. This individual will also conduct research into key drivers affecting loss reserves, including emerging types of claims, claim frequency and severity trends, and loss development patterns and diagnostics. The position requires clear and engaging communication of information to Senior Leadership with effective data visuals on a frequent basis.

Reports directly to Chief Actuary. Required travel to San Francisco quarterly.

Actuaries, Analysts), including keeping everyone on task to complete recurring assignments within tight timeframes.

Turns data into critical information and knowledge that can be utilized to determine organizational decisions. Selects actuarial assumptions and methods based on all available sources of data, reviews alternative assumptions, and is prepared to explain and defend assumptions upon review by peers, senior leaders, and non-actuaries.

Develops and maintains analytical standards and procedures, including peer reviews, to ensure consistency of analysis, execution, knowledge sharing, and documentation.

Monitors legislative and regulatory activity. Incorporates the effects of benefit and rate changes into actuarial analyses.

Actively engages with and participates in industry professional organizations and rating committees, representing the company's strategic interests while presenting as an expert thought leader within the professional community.

Ensures that employees understand their level of accountability and takes appropriate action to ensure employees fully understand roles, responsibilities and performance standards and provides ongoing feedback and support. Executes all responsibilities with professionalism and in accordance with the organization's internal policies, as well as regulatory, financial, and ethical standards.

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Risk Management, Data Science, or other quantitative field required.

Experience: Minimum of seven (7) years of relevant FCAS experience with insurance industry concepts and applications required. Possesses sound data analytical skills and familiarity with Microsoft Office applications (Excel, MS-Access, MS-SQL). Anticipates long-term problem areas and associated risk levels with objective rationale. Solid team-builder, be result oriented, a creative and strategic thinker with innovative problem-solving skills. Employs sound judgment in determining how innovations will be deployed to produce higher return on investments. Business Focus: Leads discussions with senior leaders and internal partners to support strategic planning and decision making. Data Visualization and Communication: Bonus Eligibility

Free Onsite Fitness Facility

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

Flexible Savings Accounts

Paid Community Volunteer Day

Employee Assistance Program

Tuition Reimbursement Program

Diversity, Equity and Inclusion Program

$186,450 - $236,145 a year This pay scale is an estimate of the salary range the employer reasonably expects to pay for the position based on potential employee qualifications, operational needs and other considerations consistent with applicable law. With more than 50 years in business, Berkshire Hathaway Homestate Companies (BHHC) has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what powers our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.

At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.