Actuarial Analyst
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Job Location:
Morristown, NJ - USA
Monthly Salary:
$ 70000 - 85000
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.
We have a welcoming culture valuingour employees we trademarked the phrase Everything Counts Everyone Matters to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
The company is an equal opportunity employer.
is primarily responsiblefor basic actuarial functions actuarial estimations and providing overall support to the Department. General functions includedata analyticsin support of pricing modelsmanagement and analysis of claims data andfinancial/actuarialreporting.
- Assistin regular preparation and analysis of proprietary statistical data to informlosscosts severity distributions and other pricing considerations.
- Provide support in updating pricing models and communicating changes asappropriate.
- Interfacewith Underwriting ITOperationsand Finance departments to ensure data quality standards are met.
- Assistin the development/maintenance/distribution of actuarial reports and databases.
- Provide support in quarterly analysis of loss and expense reserves.
- Provide support in the analysis of segments of the businessfor claim trends&profitability.
- Assist the Pricing Actuary with various data requests and pricing analyses.
- Perform other support duties as assigned.
Qualifications
- Bachelors degree inMathematics Actuarial Science orsimilararea.
- Completion ofminimum of1-3actuarial examinations.
- Advanced knowledge of Microsoft Excel.
- Understanding ofapplications and development usingVisual Basic Microsoft SQL Server ReportingServices (SQL language RPython etc. isaplus).
- Excellentcapability toorganize andanalyze various forms of statistical data.
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $70000 - 85000
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.
Eligible to participate in the annual discretionary bonus program
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and Profit-Sharing plans.
Sponsorship Details
Required Experience:
IC
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
