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Actuarial Analyst

Berkley
Posted 16 days ago, valid for 17 days
Location

Moorestown, NJ 08057, US

Salary

Competitive

Contract type

Full Time

Paid Time Off

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Sonic Summary

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  • Berkley Public Entity (BPE) is seeking an Actuarial Analyst to support basic actuarial functions and data analytics related to pricing models and claims data.
  • Candidates should have a Bachelor's degree in Mathematics, Actuarial Science, or a similar field, along with completion of 1-3 actuarial examinations.
  • The position requires advanced knowledge of Microsoft Excel and the ability to analyze various forms of statistical data, with familiarity in programming languages like SQL, R, or Python being a plus.
  • The salary range for this role is between $70,000 and $85,000, depending on the candidate's experience and qualifications.
  • BPE offers a competitive benefits package, including health, dental, vision, and retirement plans, as well as eligibility for an annual discretionary bonus program.

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 valuing our 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.

 

https://www.berkleypublicentity.com/

Responsibilities

The Actuarial Analyst is primarily responsible for basic actuarial functions, actuarial estimations, and providing overall support to the Department. General functions include data analytics in support of pricing models, management and analysis of claims data, and financial/actuarial reporting.   

 

  • Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations. 
  • Provide support in updating pricing models and communicating changes as appropriate. 
  • Interface with Underwriting, IT, Operations, and Finance departments to ensure data quality standards are met. 
  • Assist in 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 business for claim trends & profitability. 
  • Assist the Pricing Actuary with various data requests and pricing analyses. 
  • Perform other support duties as assigned. 

Qualifications

  • Bachelor’s degree in Mathematics, Actuarial Science, or similar area. 
  • Completion of minimum of 1-3 actuarial examinations. 
  • Advanced knowledge of Microsoft Excel required.   
  • Understanding of applications and development using Visual Basic, Microsoft SQL Server Reporting Services, (SQL language, R, Python, etc. is a plus). 
  • Excellent capability to organize and analyze various forms of statistical data. 

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: $70,000 - 85,000 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



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