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 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) is seeking a Senior/Actuarial Analyst, based in Sydney, to join our Actuarial team focusing on Reserving for Australia and New Zealand.

The Australasian region of BHSI opened in 2015 and has grown into a nearly $1B GWP organization, which has given rise to expanding our Reserving function. This opportunity is for an individual that would like to continue to develop their reserving capabilities and sophistication whilst learning from our local Appointed Actuary. This role will also assist in providing valuable performance insights to senior management both within region and globally.

Our culture is innovative and fast paced and this position will be the perfect fit for an individual who is self-motivated and a collaborative team member.

Duties & Responsibilities:

• Manage the financial reporting database ensuring the needed reserving and financial data is captured accurately and efficiently.
• Collaborate effectively with the actuarial data and analytics team to enhance processes and maintain a high standard of data integrity.
• Assist in the production required internal and external quarterly and annual reserving deliverables.
• Communicate results and key business insights effectively to various key stakeholders of the organization.
• Assist in the preparation of Actuarial Valuation Reports and Financial Condition Reports.
• Communicate with external auditors, consultants and actuaries.
• Assist with completing the transition towards fully embedding IFRS17 requirements within the business.
• Be comfortable working with remote teammates, particularly changing communication style as needed.

Qualifications, Skills and Experience:

• Bachelor’s Degree or equivalent training in actuarial studies, mathematics, statistics or related field.
• Actively pursuing the FIAA or equivalent designation with 2-4 years of relevant reserving experience.
• Familiarity and experience with the APRA regulatory regime.
• Familiarity or experience in IFRS17 would be preferable.
• Advanced Excel skills (VBA experience a plus).
• Proficiency in SQL preferred or proven aptitude for programming.
• Exceptional verbal and written communication skills.
• Experience with managing/supervising other teammates.
• Strong interpersonal skills and the ability to work in a collaborative team environment.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A generous Actuarial Exam program which includes Study Leave per semester.
• 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.

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.

Please send resumes to hr.australasia@bhspecialty.com

Visit our website at www.bhspecialty.com