Actuary, Casualty

About the position

Berkshire Hathaway Specialty Insurance (BHSI) is seeking an Actuary to join our Global Actuarial Team in Boston, Chicago, or Atlanta. This role is designed for an individual who excels in both capability and character, thriving in an innovative and fast-paced environment. The Actuary will take ownership of specific areas within the North American Casualty Team, focusing on deeper analysis and the design of new processes for pricing and efficiency gains. Responsibilities include pricing individual large accounts, developing quantitative tools for underwriters, and collaborating with various departments to enhance actuarial systems and data.

Responsibilities

• Deeply analyze specific areas of the Casualty business and create new processes for pricing or efficiency gains.
• Price individual, large casualty accounts, working closely with underwriting throughout the process.
• Develop and maintain quantitative rating and diagnostic tools to be used by underwriters in pricing individual risks and managing portfolios of business.
• Analyze external claims and exposure data to enhance proprietary pricing factors and models.
• Assess profitability of Casualty portfolio by creating new tools and methods of analysis.
• Research new pricing techniques and enhance existing methods.
• Collaborate with other departments (IT, Claims, Underwriting) in the development of actuarial systems and data as the company continues to grow and evolve.
• Collaborate with offshore resources to improve business processes and increase efficiency.

Requirements

• FCAS or near-FCAS
• 7+ years of experience in an actuarial role, preferably in commercial casualty or healthcare insurance.
• Able to function as an independent, efficient individual contributor.
• Proficiency in SQL, R and VBA strongly preferred.
• Exceptional oral and written communication skills.
• 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.
• Effective time management, with the ability to juggle multiple projects at the same time.

Benefits

• 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 organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework