Company Details:
Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business.
Berkley Edge offers solutions for hard-to-place and distressed risks for both professional and casualty lines of business. Edge will focus on small to mid-sized risks through a wholesale only distribution model.
The Company is an equal employment opportunity employer.
Responsibilities:
The Pricing Actuary will report to Chief Actuary.
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Analyze both internal and external data to adapt and develop advanced rating methodologies for existing company products
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Use advanced techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results
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Utilizes advanced loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses
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Produce regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company
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Represent the needs of the actuarial department on cross functional projects
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Constantly seek to improve current reporting and actuarial processes
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Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines
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Performs advanced analytics and modeling techniques including but not limited to generalized linear modeling and other forms of multivariate analysis.
Qualifications:
- 6+ years of experience in a data-related role with working knowledge of information systems
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Preferred: 3+ years of experience in Pricing role within General Liability or Professional Liability
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Minimum FCAS designation offered by the Casualty Actuarial Society
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Bachelor’s degree in a related field (mathematics, business, finance, technical).
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Required: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
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Required: Strong knowledge of VBA & SQL
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Preferred: intermediate knowledge of Power BI, R, and Python
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Required: knowledge of the insurance industry and IT systems.
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Ability to adapt.
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Strong problem solving and communication skills.
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Strong organization skills and ability to multitask and prioritize multiple tasks at once.
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Ability to work outside normal work schedule to fulfill responsibilities.
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Ability to travel on occasional basis.
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Reasonable, regular, and predictable attendance.
Please note: Berkley Edge is open to relocating talent for this opening, to help with the move, we will offer some relocation assistance to the Tampa, FL area.
Additional Company Details: We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this depending on the level could be: · Base Salary Range: $180-$212K · Eligible for bonus . Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. 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. Additional Requirements: Location and Travel: •Primary location Saint Petersburg, FL. •Additional locations: Glen Allen, VA. •Travel: Ability to travel on occasional basis. Sponsorship Details: Sponsorship not Offered for this Role