Berkley Shared Services is seeking an Actuarial Analyst with 2-3 years of experience in an actuarial pricing or reserving role. We are seeking a highly motivated, self-directed individual to join our actuarial team.
Provide rate filing support including creating rate indications to send to the state DOIs, and development of proprietary rate support where needed.
Perform rate indications including trend studies and predictive modeling to determine rate needs across a shared platform.
Assist in analysis of rate and rule changes to provide member companies prospective estimates of regulatory changes in the platform.
Conduct research and analyze competitor filings as needed to support development of new rating rules on the Shared platform.
Assists in the development, maintenance, and oversight of various databases, software, and other technological tools in support of the overall Berkley Shared Services platform.
Develops effective working relationships with our customers and Shared Services teams through a demonstrated degree of knowledge, professionalism and enthusiasm.
Other duties as assigned.
Berkley Shared Services is an internal service unit to various divisions within W. R. Berkley providing Actuarial, Regulatory and Product Development services. Berkley Shared Services functions as a shared services provider for multiple W. R. Berkley Operating Units that access a shared, 51 jurisdiction, multi-line platform in furtherance of their individual strategic operating initiatives.
2-3 years’ experience in an actuarial role with work in reserving or ratemaking.
Knowledge of insurance coverage, preferably having worked with ISO and/or NCCI products.
Ability to respond to common inquires or complaints from members of the business communities.
Ability to quickly assimilate and learn new systems and technologies.
Multi line property and casualty insurance knowledge preferred.
Proficiency in Excel, Access, and relational databases (such as SQL Server or IBM DB2) is required.
Work with statistical software such as R is preferred.
Familiarity with statutory reporting exhibits included in the NAIC Annual and Quarterly Statement.
Demonstrated success in completion of Casualty Actuarial Society exams.
Demonstrated experience in effective collaboration and providing a high degree of customer satisfaction.
Ability to effectively work in an environment with competing demands resources, time, and priorities.
About W. R. Berkley
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about a territory or product.