Associate Actuary
About The Position
The Associate Actuary independently leads complex actuarial analyses, influences business decisions, and contributes to team and process development, combining deep technical expertise with strong ownership from analysis through implementation. The Berkshire Hathaway Group of Insurance Companies is looking for an Associate Actuary to support the insurtech initiative, THREE (www.threeinsurance.com). This person will be part of a small, fast-paced team and gain exposure to many parts of the company and insurance product. The ideal candidate will be able to juggle multiple priorities with accuracy and have an entrepreneurial spirit. They will lead pricing, business analysis, and product development initiatives for assigned lines of business, partnering closely with underwriting and product teams, and serve as a technical resource in the development and testing of rating and policy administration systems. This job is hybrid. Hybrid associates have 2 mandatory in-office days per week at our Stamford, CT location. We believe the 2-day requirement provides a good balance of quality in-office time while still preserving the convenience of at-home work.
Requirements
- Approaching ACAS designation and pursuing FCAS
- 5+ years of actuarial pricing/reserving experience in Property & Casualty insurance
- Proficiency in SQL, R, Python, VBA, or similar data analysis tools
- Prior experience with rate filings preferred
Responsibilities
- Lead rate indications, reserving analyses, profitability studies, and other actuarial projects across BOP, Umbrella, Workers' Compensation, and Commercial Auto, owning work from analysis through implementation
- Provide actuarial support across a diverse product set, including liquor liability and catastrophe-exposed perils (flood, earthquake, hurricane, severe convective storm)
- Support the development and filing of rate changes with regulatory bodies
- Apply business and actuarial expertise to develop effective, well-informed solutions
- Identify and implement improved methods and processes to enhance team effectiveness
- Present analyses and recommendations clearly, influencing decisions across all levels
- Maintain documentation that enables others to understand and reproduce the work
- Mentor and support the development of junior analysts
Benefits
- Medical (PPO/HDHP), vision, disability, and life insurance.
- Enhanced dental plan with orthodontia coverage in addition to a standard plan.
- Generous PTO plan for all benefit-time eligible employees.
- Paid company holidays and 4 floating holidays.
- Paid parental leave.
- Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
- Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
- Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
- Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
- Voluntary benefits that include accident, critical illness, and hospital indemnity.
- Employee discount and rewards program on travel, tickets, electronics, home, and more.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
