Reserving Actuary

About the role

Berkshire Hathaway Homestate Companies, Workers Compensation Division, seeks a Reserving Actuary to join its Actuarial team. The Reserving Actuary will oversee quarterly loss and loss adjustment expense reserve analysis and provide data for external financial reporting. Key responsibilities include conducting research on loss reserve drivers, communicating findings to senior leadership, and engaging with industry organizations.

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, reviews alternatives, and defends assumptions.
• Maintains analytical standards and procedures, including peer reviews.
• Maintains awareness of legislative and regulatory changes and incorporates them into actuarial analyses.
• Engages with industry organizations and rating committees, representing the company's interests.
• Prepares and presents ad-hoc research and reporting.

Requirements

• Minimum of seven (7) years of relevant FCAS experience in the insurance industry.
• Experience with Willis Towers Watson ResQ preferred.
• Sound data analytical skills and proficiency in Microsoft Office applications.
• Familiarity with workers compensation standards and best practices.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Risk Management, Data Science, or a related quantitative field.
• Required certifications/licenses: Fellow or Associate of the Casualty Actuarial Society.
• Desired competencies: Problem-solving, interpersonal skills, innovation and initiative, business focus, data visualization and communication.