Actuarial Technician

Berkley

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profile Job Location:

Morristown, NJ - USA

profile Monthly Salary: $ 65000 - 70000
Posted on: 7 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.

Actuarial Technician is primarily responsible for data analysis & organization as it pertains to the Actuarial and Underwriting functions including for individual account pricing and broader pricing analyses. This role will have a high level of interaction within both the Underwriting and Actuarial teams in support of pricing large and complex Public Entity risks.

  • Support the Underwriting team in scrubbing organizing and analyzing account specific loss and exposure data to aid in pricing large individual risks.
  • Assist in regular preparation and analysis of proprietary statistical data to inform loss costs severity distributions and other pricing considerations.
  • Interface with Underwriting and Actuarial departments to ensure data quality standards are met.
  • Assist in the development/maintenance/distribution of actuarial reports and databases.
  • Provide support in the analysis of various segments of the business for claim trends & profitability.
  • Assist the Pricing Actuary with various data requests and pricing analyses.
  • Perform other duties as assigned.

Qualifications

  • Advanced knowledge of Microsoft Excel required
  • Excellent capability to organize and analyze various forms of statistical data
  • Some actuarial / applicable problem-solving experience preferred
  • 2-5 years relevant work experience

Education Requirement

  • Bachelors degree required (or equivalent work experience)

Additional Company Details

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 which for this role includes:

Base Salary Range: $65000 - 70000

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

Sponsorship not Offered for this Role

Required Experience:

IC

Company DetailsBerkley 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 reinsuran...
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About Company

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Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.

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