Actuary
Berkley Edge (a Berkley Company) · St. Petersburg, Florida, United States · 2 wk ago
FinanceFull-time
Responsibilities
- Analyze both internal and external data to adapt and develop advanced rating methodologies for existing company products
- Use advanced techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results
- 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
- Produces regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company
- Represents the needs of the actuarial department on cross-functional projects
- Constantly seeks to improve current reporting and actuarial processes
- Participates in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines
- 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
- PREFERRED: 3+ years of experience in Pricing role within General Liability or Professional Liability
- MINIMUM: FCAS designation offered by the Casualty Actuarial Society
- Bachelor’s degree in a related field (mathematics, business, finance, technical)
- REQUIRED: Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint)
- REQUIRED: Strong knowledge of VBA & SQL
- PREFERRED: Intermediate knowledge of Power BI, R, and Python
- REQUIRED: Knowledge of the insurance industry and IT systems
- Ability to adapt
- Strong problem-solving and communication skills
- Strong organization skills and ability to multitask and prioritize multiple tasks at once
- Ability to work outside normal work schedule to fulfill responsibilities
- Ability to travel on occasional basis
Benefits
- Competitive compensation plan
- Robust benefits package for full-time regular employees
- Base Salary Range: $180-$212K
- Eligible for bonus
- Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off
- 401(k) and Profit-Sharing plans