Sydney, Australia
Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organisation where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognised. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity:
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an experienced and talented Analyst/Senior Analyst/Actuary to join our ANZ Actuarial Team in our Sydney office, part of our larger Global Actuarial team across the US, Asia and Europe. We are looking for an individual who has both an ability to perform and an excellence of character. Our culture is creative and fast paced, and this position will be the perfect fit for an individual who is intellectually curious, self-motivated and a collaborative team member.
This hands-on role will provide exposure to a wide variety of retail and commercial product lines and pricing techniques, reporting directly to the Chief Actuary. Your role will involve close collaboration with stakeholders across Actuarial, Underwriting and Claims teams to create, improve and maintain pricing tools across various product lines.
Duties & Responsibilities:
- Proactive and regular monitoring of profitability, business mix, claims trends and rates based on data from the rating tools and/or external sources.
- Recalibration of existing pricing models, by analysing external or internal claims and exposure data to enhance proprietary pricing factors and models.
- Collaborate with other departments and other regions on the development and maintenance of actuarial pricing tools as the company continues to grow and evolve.
- Price individual large accounts and effectively communicate performance insights to underwriters.
- Provide technical support to underwriters on rating tools.
- Present complex actuarial concepts and findings to non-actuarial stakeholders.
Qualifications, Skills and Experience:
- Bachelor’s Degree or equivalent in actuarial studies, mathematics, statistics or a related field.
- Progression towards or completion of FIAA or equivalent qualification.
- 3 – 10 years of experience in an actuarial pricing role.
- Proficiency in VBA, SQL and/or R.
- Excellent verbal and written communication skills, capable of communicating with clarity, impact and influence.
- Strong interpersonal skills and the ability to work in a team environment as well as independently.
- Strong desire to learn from and share knowledge with teammates.
- Effective time management, with the ability to juggle multiple projects at the same time.
BHSI Offers:
- A competitive package, including study support, and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centred on always doing the right thing for our customers, teammates and our other stakeholders.
- A purposely non-bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organisation.
Please send resumes to hr.australasia@bhspecialty.com
Visit our website at www.bhspecialty.com
Working at
Berkshire Hathaway Specialty Insurance
Offers a broad range of property, casualty, and specialty insurance and reinsurance products to customers worldwide, known for its strong financial strength and underwriting excellence.