Dublin, Ireland

Who are we? 

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organisation where respect, integrity, excellence, collaboration, and passion define who we are and how we do business.  We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work.  We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognised. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity: 

BHSI has an exciting opportunity for an experienced and talented actuary to join our European Actuarial Reporting team with exposure to all actuarial areas of General Insurance. We are looking for an individual who has both an ability to excel and an excellence of character. Our culture is innovative and fast paced and this position will be the perfect fit for an individual who is intellectually curious, self-motivated, and collaborative.

The Actuarial Reporting team provides actuarial services to Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL). It is a small and highly efficient team with opportunities to access a wide range of business functions and business lines.

This position will be based in our Dublin office and will report directly into the Head of Actuarial Function based in London, providing significant exposure to Senior Management.

The role is open for qualified actuaries. The tasks and responsibilities will grow in line with the maturity of the business and the candidate’s profile.

Duties & Responsibilities:

• Analysing technical reserves on multiple valuation bases for a wide range of business lines and geographies;
• Developing, maintaining, and enhancing actuarial models and processes used for reserving, technical provisions, and Standard Formula capital calculations;
• Producing and developing key indicators monitoring the technical reserves;
• Reviewing and challenging reserving analyses undertaken by actuarial teammates;
• Communicating reserving methods, assumptions, uncertainties, movements and trends to Senior Management;
• Assist in capital planning and the production of the Own Risk and Solvency Assessment report, including sensitivity, stress, and scenario testing;
• Providing key input to the component Actuarial Function Reports;
• Contributing to Actuarial Reporting governance through documentation of processes and methodologies;
• Developing and maintaining data quality;
• Collaborating with Claims, Pricing, Underwriting, and Operations functions to enhance actuarial analyses and providing valuable feedback to each function;
• Assisting with assurance and audit activities, both internally (with Risk and Internal Audit functions) and externally (with financial auditors and country regulators);
• Continually improving the efficiency, accuracy, and transparency of existing processes;
• Researching, proposing, and implementing new techniques.

 Qualifications, Skills and Experience:

• A fully qualified actuary;
• At least five years’ experience in a General Insurance role;
• Good working knowledge of Solvency II;
• Proficiency in at least one programming language;
• Advanced skills in MS Excel;
• Exceptional organisational skills and attention to detail;
• Excellent oral and written communication skills in English;
• Strong interpersonal skills and the ability to work in a team environment as well as independently;
• Strong desire to learn from and share knowledge with teammates.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates;
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders;
• A purposely non-bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework.

To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to hr.europe@bhspecialty.com

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organisation

Visit our website at www.bhspecialty.com