Actuarial Analyst/Sr. Analyst/Associate Actuary-Programs
About us:
Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A+ "Superior" by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett's Berkshire Hathaway group - one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.
Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company's success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path!
Benefits:
We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You'll be surprised by all we have to offer!
- Competitive compensation
- Healthcare benefits package that begins on first day of employment
- 401K retirement plan with company match
- Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
- Up to 6 weeks of parental and bonding leave
- Hybrid work schedule (3 days in the office, 2 days from home)
- Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
- Tuition reimbursement after 6 months of employment
- Numerous opportunities for continued training and career advancement
- And much more!
Responsibilities
Berkshire Hathaway GUARD is seeking talented and results-driven professionals to join our team as either an Actuarial Analyst/Senior Actuarial Analyst/Associate Actuary, support our Program Business key actuarial functions. We're looking for candidates who excel in technical analysis, process development, and providing valuable insights to support business decisions.
Responsibilities:
- Complete basic actuarial analysis related to pricing.
- Collaborate within the team to develop and maintain actuarial tools and processes to improve the quality and efficiency of actuarial analyses.
- Implement methodology enhancements and process efficiencies within the department.
- Maintain appropriate documentation that allows another actuarial staff member to understand and recreate the work product.
- Assist with industry research and studies to support actuarial projects.
- Perform basic data preparation, balancing, and reasonability checks using SQL or other data tools to support actuarial analyses and reporting requirements.
- Analyze data and trends to uncover solutions to business challenges.
- Create actuarial reports summarizing analysis results and communicate within the department.
- Grow and develop team members as appropriate through peer review
Qualifications
Actuarial Analyst
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field with a strong mathematics background
- 2-5 years of actuarial experience, with commercial lines exposure preferred
- Successful completion of 2 or more exams from the Casualty Actuarial Society (CAS)
- Strong technical skills, including proficiency in Microsoft Excel and programming
- Experience with relational databases required; SQL preferred
Senior Actuarial Analyst
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field with a strong mathematics background
- 3+ years of actuarial experience, with commercial lines exposure preferred
- Successful completion of 4 or more exams from the Casualty Actuarial Society (CAS)
- Advanced technical skills, including expertise in Microsoft Excel and programming
- Experience with relational databases required; SQL preferred
Associate Actuary
- FCAS, ACAS or near-ACAS with five or more years of actuarial experience and at least two years of actuarial pricing experience. Commercial lines experience preferred.
- Exceptional attention to detail to ensure accuracy and reliability of results
- Ability to communicate results and assumptions
- Experience collecting, analyzing, and interpreting data and model results
- Results-oriented with the ability to adjust priorities when necessary
- Knowledge of VBA, SQL, Python is preferred
Key Competencies
- Results oriented with strong multitasking and prioritizing of skills
- Ability to collaborate effectively within a team
- Commitment to process improvement and efficiency
Compensation Ranges:
Actuarial Analyst- $60,000.00 - $115,000.00
Senior Actuarial Analyst- $73,000.00-$135,000.00
Associate Actuary- $120,000.00-$190,000.00
Depending on qualifications and experience, we are open to hire at either the Analyst/Senior Analyst/Associate Actuary-level.
The position can be located in New York City or Philadelphia. The successful candidate is expected to work in one of our offices 3 days per week and also be available for travel as required.
The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
This role offers opportunities to grow within a collaborative team environment and contribute to impactful actuarial initiatives. We are excited to welcome talented individuals to our team who are eager to drive results and deliver actionable insights!