Actuarial Analyst

Berkley•Chesterfield, MO

28d•Hybrid

About The Position

We have an opportunity for an Actuarial Analyst to join our MEC team with a primary focus on Pricing. This role is ideal for someone looking to build foundational actuarial skills while contributing to projects that advance strategy through analytics and technology. You will perform pricing analyses on individual accounts, including evaluating loss experience and developing expected loss estimates, while contributing to projects that support both Actuarial and broader company initiatives. You will also gain exposure to other functional areas, including Reserving, Forecasting, Modeling, and Special Projects, as well as a variety of insurance products. This role will provide opportunities to support various activities and projects and, over time, offers the potential for a future rotation into one of the other functional areas as part of your career development. MEC offers a highly competitive actuarial exam study program, with salary adjustments for exam success.

Requirements

Bachelor's or master's degree in mathematics, statistics, actuarial science, or a related quantitative field
Pursuit of actuarial designation through the Casualty Actuarial Society or Society of Actuaries (General Insurance track only) is required (CAS preferred)
1-3+ years related work experience (internship experience considered)
Advanced knowledge of basic data analysis tools like Microsoft Excel
Strong analytical and problem-solving ability
Ability to communicate technical concepts clearly and effectively
Strong attention to detail and ability to manage multiple priorities
Keen attention to detail

Nice To Haves

Experience with SQL, Power BI, or similar data tools
Exposure to R or Python
Familiarity with insurance pricing concepts
Experience in workers’ compensation or other commercial lines (commercial auto or general liability is a plus)
Interest in predictive analytics and/or generative AI applications

Responsibilities

Perform pricing analyses for individual accounts, including loss experience reviews and expected loss development
Build and maintain data queries, tools, and workflows that support pricing analyses
Validate and reconcile data inputs to ensure accuracy, consistency, and reliability
Communicate results, insights, and recommendations to actuarial and underwriting stakeholders
Collaborate with team members across Pricing, Reserving, and Modeling
Support cross-functional initiatives and broader actuarial projects
Identify opportunities to improve processes, automation, and reporting capabilities
Stay current on actuarial techniques, data tools, and emerging technologies, including AI applications