Englewood NJ

Jacksonville FL

Minneapolis MN

Morristown NJ

Philadelphia PA

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Berkley

Carolina Casualty is a member company of W. R. Berkley Corporation, an insurance holding company that is among the largest commercial lines insurance writers in the United States. We specialize in liability, physical damage, cargo, and other insurance solutions for the commercial auto markets including trucking and public transportation.We maintain some of the lowest claim adjuster pending claim counts in the industry. Our adjusters are part of a culture that emphasizes inclusion, collaboration, innovation, and teamwork. Your work is recognized and appreciated here. If you want to contribute to an organization where you matter and can make a difference, then search no further.The company is an equal employment opportunity employer.Assist the Actuarial team by performing premium and loss reserving calculations, research, and other actuarial analyses. Provide data and analytic expertise to support actuarial services including financial reporting, trend analysis, utilization studies, rate development, and claims liability estimates.Key functions include but are not limited to the following:<ul><li>Contribute to the design, construction, and implementation of tools and processes for assessing rate adequacy.</li><li>Assist in the assessment of rate level adequacy for the Company’s various lines of business.</li><li>Develop data sets for analytics and reporting. Participate in predictive modeling efforts and recommend enhancements for analysis and company processes.</li><li>Support the Company’s rating plans, rates, factors, and pricing tools, including providing actuarial support for state filings.</li><li>Contribute to the production and improvement of reports for Corporate and internal customers.</li><li>Assist with loss/loss adjustment expense reserve analysis on a quarterly basis.</li><li>Perform other duties and/or projects as assigned.</li></ul>Qualifications:<ul><li>Bachelor’s degree in actuarial science, math/statistics, economics, finance, or other related disciplines.</li><li>2+ Casualty Actuarial Exams completed and a commitment to completing the CAS exam process.</li></ul>The company offers a competitive compensation plan and robust benefits package for full-time regular employees. The actual salary for this position will be determined by various 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.Sponsorship not offered for this role.

Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important, and every accomplishment makes a difference in our results. Come join us!The company is an equal opportunity employer.The Actuarial Technician is primarily responsible for data analysis & organization as it pertains to the Actuarial and Underwriting functions, including for individual account pricing and broader pricing analyses. This role will have a high level of interaction within both the Underwriting and Actuarial teams in support of pricing large and complex Public Entity risks.<ul><li>Support the Underwriting team in scrubbing, organizing, and analyzing account specific loss and exposure data to aid in pricing large individual risks.</li><li>Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations.</li><li>Interface with Underwriting and Actuarial departments to ensure data quality standards are met.</li><li>Assist in the development/maintenance/distribution of actuarial reports and databases.</li><li>Provide support in the analysis of various segments of the business for claim trends & profitability.</li><li>Assist the Pricing Actuary with various data requests and pricing analyses.</li><li>Perform other duties as assigned.</li></ul><ul><li>Bachelor’s degree required (or equivalent work experience).</li><li>Advanced knowledge of Microsoft Excel required.</li><li>Excellent capability to organize and analyze various forms of statistical data.</li><li>Some actuarial / applicable problem-solving experience preferred.</li><li>2-5+ years relevant work experience.</li></ul>The company offers a competitive compensation plan and robust benefits package for full-time regular employees. 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. Sponsorship not Offered for this Role.

Berkley Construction Solutions (BCS) offers lead and excess liability capacity to the commercial construction industry. Our team of dedicated, experienced excess construction specialists underwrites practice and project business for medium to large contractors across the U.S. At BCS, our guiding principles are authenticity, trust, and passion. The team culture is inclusive, high energy, and fun.The company is an equal opportunity employer.The Actuary is responsible for ensuring that price levels and loss reserves are adequate (pricing and reserving), assessing the profitability of the business being underwritten (profitability analysis), and assisting finance with financial reporting requirements. The Actuary will provide management with research and analysis required for strategic initiatives, while also assisting in the development, maintenance, and oversight of various databases, software, and other technological tools in support of Berkley Construction Solutions.<ul><li>Strong commitment to the WRBC/Berkley Construction Solutions culture: innovative, transparent, and engaging.</li><li>Lead the completion of rate reviews and indications; supports price monitoring and development of company pricing strategies.</li><li>Collaborate with underwriting to meet their business needs from a pricing/profitability perspective.</li><li>Work with underwriting to monitor, evaluate, and continue the development of Benchmark Pricing Tools for purposes of monitoring and measuring rate adequacy.</li><li>Collaborate with the data management team in developing and maintaining data as required for reserving and reporting needs.</li><li>Responsible for monthly rate monitor and actual versus expected reporting and analysis.</li><li>Leads the preparation of loss and expense reserves estimates. Responsible for determining expected loss ratios during the annual budgeting process.</li><li>Responsible for profitability analysis to determine if desired returns are being realized.</li><li>Responsible for actuarial items needed for SOX compliance.</li><li>Assist finance with the preparation of quarterly financial statements, including Schedule P.</li><li>Provide analysis to assist with reinsurance renewals as needed.</li><li>Maintains actuarial policies and standards, ensuring they are consistent with regulator and corporate standards.</li><li>All other duties as assigned.</li></ul><ul><li>10+ years actuarial experience in property casualty insurance.</li><li>Excess insurance, excess construction experience preferred.</li><li>Innovative, strategic thinker, and strategic planning experience and capabilities.</li><li>Excellent written and oral communication, presentation, influencing, and leadership skills.</li><li>Proficient use of computer applications, including MS Office Suite.</li><li>Expert level MS Excel skills required.</li><li>Database programming skills (Access, SQL, etc.)</li><li>Well organized and ability to work without constant supervision.</li></ul>Education Requirement<ul><li>Bachelor’s degree.</li><li>Associate or Fellow Designation.</li><li>Meet annual CAS and/or AAA continuing education requirements.</li></ul>The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role include:<ul><li>Base Salary Range: $120,000 – $190,000</li><li>Eligible to participate in annual discretionary bonus.</li><li>Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.</li></ul>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.Sponsorship not offered for this role.

Company DetailsBerkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs.Our culture is one of innovation, creativity, and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace. The company is an equal opportunity employer.ResponsibilitiesWe have an opportunity for a Regional Product Manager to join our Berkley One team! As a key member of our Product Team, you will develop and introduce new or enhanced pricing and product strategies, manage product performance, and help us build our regional product management practice.You'll work collaboratively with various stakeholders including underwriting, actuarial, state filings, compliance, and IT while interacting with external entities including vendors and state insurance departments. Note: this is not an IT position; we are looking for insurance professionals who work in the product management arena.We have a welcoming culture valuing our employees - we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!Key functions include but are not limited to:<ul><li>Manage states to meet profitability and growth targets</li><li>Understand the assigned markets, develop specific state strategies related to price, coverage, and underwriting that lead to profitable growth, and are compliant and competitive in the marketplace</li><li>Work collaboratively with cross-functional teams, notably Actuarial, Analytics, Underwriting, Legal, IT, and Agents, to strategically address needs as they relate to the product</li><li>Measure the impact of product changes and key initiatives to ensure the implementation matches what was planned or expected</li><li>Manage ongoing product performance, research market trends and competitor actions, and make relevant recommendations to ensure continued success</li><li>Assist with evaluating usage/effectiveness of third-party data and in researching and developing new product solutions</li><li>Define detailed product requirements; work with Product Analysts to ensure policy administration systems are programmed according to established requirements</li><li>Creatively solve problems and enhance current processes</li><li>Other projects as assigned</li></ul>Qualifications<ul><li>Bachelor's Degree or equivalent experience</li><li>5+ years of P&C experience with a minimum of 2+ years of product management experience</li><li>Experience with Personal Lines/High Net Worth carrier preferred</li><li>Strong familiarity with insurance contract design, including ISO and others</li><li>Meticulous work quality and accuracy of all forms, filings, documentation, and other work</li><li>Strong analytical skills with an ability to identify trends, communicate results, and take action</li><li>Working knowledge of insurance regulation and related business constraints</li><li>Incredible empathy and understanding of the needs of our customers, both insureds and their agents alike; a strong, pro-active advocate for Berkley One customers and passionate about customer brand and coverage experience</li><li>Exceptional oral and written communication skills; a communication style that is flexible to the situation; able to communicate clearly and with a purpose</li><li>A strong sense of accountability and resourcefulness</li><li>Natural curiosity, a love for learning how things work, and always looking for innovative improvements</li></ul>Sponsorship DetailsSponsorship not Offered for this Role

Company DetailsBerkley Oil & Gas, (a W.R. Berkley Company) is an insurance underwriting manager providing unique property and casualty products and risk services to customers engaged in the energy sector.Our customers recognize the importance of the expertise we provide and appreciate the opportunity to work with professionals who understand their business.We are committed to delivering innovative products and exceptional service to our valued agents and brokers.Berkley Oil & Gas is dedicated to being well-informed of the changing dynamics of the industry and supports efforts to minimize and mitigate risks and hazards in the 'oil patch'.We constantly seek ways to improve our products and services to meet customer needs.Responsibilities<ul><li>The Actuary will take the initiative to identify and recommend necessary enhancements and changes to existing actuarial processes, analytical methods, and procedures that reflect changing market and operating conditions.</li><li>Assist in leading the strategy of assigned functional area(s) to provide accurate and timely analyses and communications to business partners, regulators, and rating agencies.</li><li>Serve as the primary contact for assigned functional area(s) on both an internal and external basis.</li><li>Be an actuarial thought leader, particularly in the area of reserving, coming up with new ideas and methods to ensure BOG actuarial methods, techniques, and processes are appropriately sophisticated and reflect current industry standards.</li><li>Leverage advanced knowledge of generally accepted actuarial techniques to ensure that actuarial analyses appropriately reflect ongoing market and company operational changes.</li><li>Collaborate with associates in other departments on various items, including pricing and reserving for accounts, to provide the best business solutions for BOG.</li><li>Listen to associates' needs and requests, then determine priority of execution and completion of those requests through review of current business priorities and discussions with the VP Actuary.</li><li>Provide recommendations on actuarial projects based on verified data.</li><li>Improve and enhance loss reserving diagnostics and reserve analysis tools.</li><li>Complete and streamline line of business trend and pricing studies.</li><li>Maintain pricing models and ensure they are in the most efficient automated tool and process.</li><li>Assist in rate analysis and reporting.</li><li>Measure, monitor, and communicate progress of project(s) at clearly defined points in the process to ensure that the project(s) is delivered on time and meets or exceeds expectations.</li><li>Maintain focus on key objectives and manage unit workflow to accomplish completion of complex actuarial projects, removing obstacles as necessary.</li><li>Deliver several projects concurrently and adjust to changing priorities.</li></ul>Qualifications<ul><li>10-15 years of related work experience.</li><li>Advanced knowledge in actuarial ratemaking methodologies.</li><li>Practical knowledge with financial reporting.</li><li>Mastery of core software applications, including actuarial systems and Microsoft Office Suite.</li><li>Experience with relational databases (Access, SQL Server).</li></ul>Education Requirement<ul><li>Bachelor's Degree Required (Math or STEM Degree preferred).</li><li>ACAS required.</li><li>FCAS credential preferred.</li></ul>

Company DetailsVerus Specialty Insurance is an Excess and Surplus Lines provider writing business countrywide, a member of W.R. Berkley Corporate (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States. The resources and strength of a Fortune 500 company back us and we operate with the flexibility and closeness of a small underwriting company. As such, Verus Specialty Insurance operates through a group of wholesale producers nationwide.Our leadership encourages a culture that empowers employees to question the status quo and seek innovative ways to continue to exceed the expectations of our customers. We believe our strength comes from building an exceptional team that embraces collaboration, growth and ownership. If you share our vision and want to work for an organization that values your contributions, we want to hear from you!The Company is an equal employment opportunity employer.Responsibilities<ul><li>Analyze both internal and external data to adapt and develop rating methodologies for existing company products.</li><li>Use techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results.</li><li>Utilizes loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses.</li><li>Produce regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company.</li><li>Represent the needs of the actuarial department on cross functional projects.</li><li>Constantly seek to improve current reporting and actuarial processes.</li><li>Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines.</li></ul>QualificationsEducation and Experience<ul><li>Bachelor's degree in a quantitative discipline such as Actuarial Science, Statistics, or Mathematics</li><li>Minimum Years of Experience by Level:</li><ul><li>Senior Actuarial Analyst: 4 years</li><li>Actuarial Analyst II: 2 years</li><li>Actuarial Analyst: 0 years (preferred at least to have prior internship)</li></ul><li>Minimum Exam Requirements by Level:</li><ul><li>Senior Actuarial Analyst: ACAS designation</li><li>Actuarial Analyst II: at least 4 exams</li><li>Actuarial Analyst: at least 2 exams</li></ul><li>Requires proficiency with Microsoft products including Excel and VBA</li><li>Power BI and SQL Server knowledge preferred</li><li>R and Arius knowledge preferred</li><li>Requires familiarity with basic insurance concepts</li><li>Preferred familiarity with Professional Liability and/or Commercial Auto pricing</li></ul>Knowledge and Skills<ul><li>Proven experience in organizing, prioritizing, and managing multiple priorities.</li><li>Strong attention to detail.</li><li>Excellent written and verbal skills.</li></ul>Additional Company DetailsWe do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role includes:<ul><li>Base Salary Ranges: Actuarial Analyst: $70K - $90K, Actuarial Analyst II: $90K - $110K, Senior Actuarial Analyst: $110K - $150K</li><li>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.</li><li>Eligible to participate in the annual discretionary bonus program</li><li>Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.</li></ul>Additional RequirementsThe application window for this role is estimated to be open through June 15, 2024, but may be extended if necessary, please submit your application as soon as possible prior to June 15, 2024.Sponsorship DetailsSponsorship not Offered for this Role

Company DetailsBerkley Human Services, a Berkley Company, is devoted to meeting the needs of Human Services Organizations. Our insurance policies are written through our Berkley affiliates, each of which is rated A+ (Superior) by A.M. Best Company with a Financial Category of XV. We offer property and casualty coverages designed for the unique operational aspects of social service organizations.Our Human Services Program dates back to 1989 and has continuously evolved to meet the unique needs of the market we serve. We insure both nonprofit and for-profit social service organizations, such as child daycare, sheltered workshops, group homes, senior citizen centers, senior independent living, schools, counseling services, YMCAs, YWCAs, and Boys & Girls Clubs.ResponsibilitiesThe Senior Actuarial Analyst role supports pricing, reserving, and modeling. The Senior Actuarial Analyst will help identify and lead projects and recommend necessary enhancements and changes to existing actuarial processes and analytical methods, help identify changing market and operating conditions and enable the Actuarial function to contribute most effectively to the operating company's financial success.The role supports the Chief Actuary by performing specific reviews, analyses - working with Underwriting, Claim and Finance Departments on trends and metrics, and performing due diligence analysis for updates to reports and models and new products.<ul><li>Collect, scrub, and analyze data for various reporting function duties.</li><li>Provide recommendations based on recurring and ad hoc Actuarial projects.</li><li>Improve and enhance loss reserving diagnostics and reserve analysis tools.</li><li>Complete and streamline line of business trend and pricing studies.</li><li>Maintain large account pricing models.</li><li>Assist in rate analysis and reporting.</li><li>Measure, monitor, and communicate progress of project(s) at clearly defined points in the process to ensure that the project(s) is delivered on time, and it meets or exceeds expectations.</li><li>Maintain focus on key objectives and manages unit workflow to accomplish completion of complex actuarial projects, removing obstacles as necessary.</li><li>Deliver multiple projects concurrently and adjust to changing priorities.</li><li>May perform other functions as assigned.</li></ul>Qualifications<ul><li>Advanced knowledge in actuarial ratemaking methodologies</li><li>Practical knowledge with financial reporting</li><li>Mastery of core software applications, including actuarial systems, and Microsoft Office Suite</li><li>Understanding of applications and development using Visual Basic, Microsoft SQL Server Reporting Services, (SQL language, R, other database programming a plus)</li><li>Self-motivated, independent performer</li><li>Ability to communicate technical details to non-technical audiences.</li><li>Keen attention to detail</li><li>Proven ability to prioritize and execute tasks.</li><li>Proactive in communicating with all stakeholders.</li></ul>Berkley Core Competencies<ul><li>Communication</li><li>Customer Focus and Teamwork</li><li>Flexibility</li><li>Delivers Results</li><li>Technical & Job Excellence</li><li>Accountability</li></ul>Education<ul><li>4 + years of Property/Casualty actuarial work experience.</li><li>Considerable progress towards career ACAS or FCAS credentialing</li></ul>Additional Company DetailsWe 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 role include: 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 RequirementsTravel: Occasional While performing the duties of this job, the employee is regularly required to be seated for sustained periods of time; be able to pick up, pinch, twist, or keyboard; must be able to communicate detailed or important information accurately; distinguish sounds at normal levels (with or without correction) and be able to receive detailed information orally.The employee is occasionally required to move about the office to accomplish tasks; ability to reach in any direction; raise or lower objects or move objects from place to place; and hold onto objects. Occasionally, the employee may need to move or exert force up to 10 pounds. The employee is regularly required to operate a computer and other office equipment (phone, copier, and printer).Sponsorship DetailsSponsorship not Offered for this Role

Actuarial jobs at Berkley