Reserving Actuary

About the role

Berkshire Hathaway Homestate Companies, Workers Compensation Division, seeks a Reserving Actuary to join its Actuarial team. This individual will manage loss and loss adjustment expense reserves, provide data for external financial reports, and conduct research on key loss reserve drivers.

Responsibilities

• Manages and directs the reserving team, ensuring timely completion of assignments.
• Turns data into actionable insights for organizational decision-making.
• Presents findings to Senior Leadership using effective data visuals.
• Selects actuarial assumptions and methods based on available data.
• Maintains analytical standards and procedures, including peer reviews.
• Maintains awareness of legislative and regulatory changes and their impact on actuarial analyses.
• Incorporates benefits and rate changes into actuarial analyses.
• Engages with industry organizations and rating committees as a thought leader.
• Prepares and presents ad-hoc research and reporting.

Qualifications

• Master's degree in Actuarial Science or related field.
• Minimum of 5 years of relevant experience in actuarial work.
• Knowledge of workers' compensation insurance and actuarial principles.
• Strong communication and presentation skills.
• Experience with data visualization tools.
• Ability to work independently and as part of a team.

Benefits

The position offers competitive compensation ($179,030 - $227,920 annually), comprehensive benefits including health insurance, retirement plans, and paid time off, creating a supportive and inclusive work environment.

Schedule

The position requires occasional travel to San Francisco for quarterly meetings.