Actuarial Analyst
Berkley Public Entity (a Berkley Company) · Morristown, NJ · 3 wk ago
Finance$70k–$110k/yrFull-time
Responsibilities
- Prepare and analyze proprietary statistical data to support loss cost development, severity modeling, and other critical pricing considerations.
- Support the enhancement and maintenance of pricing models, including clear communication of model updates and impacts.
- Collaborate with Underwriting, IT, Operations, and Finance to ensure data integrity and accuracy across systems.
- Aid in the development, maintenance, and distribution of actuarial reports and databases.
- Support quarterly loss and expense reserve analyses, providing insights into emerging trends.
- Analyze segments of the business to identify claim trends, profitability drivers, and opportunities for improvement.
- Partner with the Pricing Actuary on ad hoc data requests and pricing analyses.
- Contribute to additional actuarial and analytical initiatives as assigned.
Qualifications
- 1-2 years’ actuarial experience strongly preferred.
- Progress toward actuarial designation (minimum of 3 actuarial exams completed).
- Advanced proficiency in Microsoft Excel.
- Experience or exposure to programming and data tools such as Visual Basic, SQL (including SQL Server Reporting Services), R, or Python is a plus.
- Strong analytical, organizational, and problem solving skills, with the ability to work effectively with complex data sets.
Educational Requirement
Bachelor’s degree in Mathematics, Actuarial Science, or a related quantitative discipline.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting firms.
Benefits
- Base Salary Range: $70,000 - 110,000
- 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.
Sponsorship Details
Sponsorship not Offered for this Role