drjobs Actuary Analyst

Actuary Analyst

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1 Vacancy
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Job Location drjobs

Minneapolis, MN - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company Details

Were a member company of W. R. Berkley Corporation an A. M. Best A rated Fortune 500 holding company. Berkley is comprised of individual operating units that serve a defined insurance market segment. BTU A global insurance provider offering property casualty professional and cyber insurance coverage for technology firms and businesses with technology exposure.

Responsibilities

The Actuarial Analyst is responsible for supporting pricing reserving and modeling activities. This role involves leading projects recommending enhancements to actuarial processes and identifying changing market conditions. The objective is to maximize the Actuarial functions contribution to the companys financial success. The Actuarial Analyst supports the VP Actuary by performing reviews collaborating with various departments and conducting due diligence for report and model updates as well as new products.

  • Aggregate and summarize monthly rate achievement metrics.
  • Document and monitor unusual changes in premium loss and loss expenses.
  • Assist in completing quarterly loss reserve studies rate making and profitability studies.
  • Support Finance with general ledger and Schedule P reconciliation.
  • Identify and monitor premium and loss trends.
  • Evaluate the reliability and integrity of source information and organize data for efficient use.
  • Maintain necessary data to support actuarial functions.
  • Provide ad hoc support to other employees as directed by the VP Actuary.
  • Communicate effectively through reports emails and meetings.
  • Discuss insurance financial and actuarial issues with management.
  • Document analytical and evaluative processes related to actuarial work.
  • Manage multiple projects concurrently and adapt to changing priorities.

May perform other functions as assigned

Qualifications

  • 13 years of relevant work experience.
  • Progress towards Casualty Actuarial Society designation is a plus.
  • Strong PC skills especially in MS Excel.
  • Understanding of applicat
  • Fouryear college degree preferably in area of Actuarial
  • ions and development using Visual BasicSQL R Python Power BI Tableau is a plus.
  • Excellent organizational and communication skills.
  • Strong analytical and decisionmaking abilities.
  • Selfmotivated and able to work independently.
  • Ability to communicate technical details to nontechnical audiences.
  • Keen attention to detail.
  • Proven ability to prioritize and execute tasks.
  • Proactive in communicating with stakeholders

Education

  • Fouryear college degree preferably in area of Actuarial Mathematics or Statistics.

Additional Company Details

The Company is an equal employment opportunity employer.

We 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 including:
Base Salary Range: $44k $75k
Benefits include Health dental vision dental life disability wellness paid time off 401(k) and profitsharing 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 Requirements

Travel: Occasional

Required Experience:

IC

Employment Type

Unclear

Company Industry

About Company

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