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Berkshire Hathaway Specialty Insurance

Berkshire Hathaway Specialty Insurance

Senior Actuarial Analyst, Casualty

Senior Actuarial Analyst, Casualty

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Job Details
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Uploaded On
August 18, 2024
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Location
Boston, MA/New York
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Remote?
No
Company Overview
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Headquarters
Boston, MA
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Number of Employees
1494
Estimated Number of Actuaries
59
Salary
$
95
k-$
130
k
Glassdoor Ratings
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Recommend to a Friend
64%
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Overall Score
3.5 / 5

Boston, MA/New York, NY

Salary Range: $95,000.00 To 130,000.00 Annually

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 organization 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 recognized. 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 a Senior Actuarial Analyst to join our Global Actuarial Team in our Boston or New York offices. We are looking for an individual who has both an ability to excel and an excellence of character. Our culture is innovative 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.

As part of the North American Casualty Team, this teammate will be responsible for large account pricing as well as in depth analyses for use in both our experience and exposure rating models. This teammate will have frequent communication with the entire Casualty underwriting team as well as actuaries around the globe and be a significant asset to the overall Team.

Duties & Responsibilities:

  • Develop, implement, and maintain quantitative diagnostic tools to be used by underwriters in pricing individual risks and managing a portfolio of business.
  • Collaborate effectively with the actuarial data and analytics team to enhance processes and maintain a high standard of data integrity.
  • Provide insights into the company’s business using the combination of tools needed to best complete each task (e.g. SQL queries, Excel).
  • Provide technical support, as needed, to underwriters in Excel and SQL.
  • Utilize external data sets to provide improved pricing methodologies for underwriter guidance.

Qualifications, Skills and Experience:

  • Bachelor’s degree or equivalent training in computer science, actuarial science, mathematics, economics, statistics or related field.
  • Actively pursuing the FCAS designation.
  • Successful completion of at least four actuarial exams is required.
  • 3+ years of relevant work experience.
  • Intermediate to advanced Excel skills.
  • Intermediate to advanced VBA skills are strongly preferred.
  • Proficiency in SQL or R is preferred.
  • Exceptional verbal and written communication skills.
  • 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 and exciting growth opportunities for career-oriented teammates.
  • A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
  • A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

The base salary range for this position in New York is $95,000 to $130,000, along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

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 organization.

Clicking apply will direct you to our recruiting module within ADP.

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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.