Chief Actuarial Officer

Berkley•Meridian, ID

1d•Hybrid

About The Position

Become a key player in our dynamic team as the VP, Chief Actuary Officer. In this role, you’ll report to the BNP President, provide strategic direction and leadership to the Actuarial Function while partnering with the BNP’s Senior Leadership team. You’ll benefit from sharing best practices with your fellow Actuarial Officers from the other 65 Berkley operating units and home office. We’ll trust you to develop and execute strategic plans that drive our business objectives. Your business acumen coupled with your ability to pivot from the tactical to strategic delivery of Pricing, Reserving, and Analytics will be crucial to our success. What You Can Expect as a C-Suite Leader: Innovative Culture: Thrive in a nimble, flat organization where innovation and teamwork are at the core. Growth Mindset: Opportunities to tackle challenging and meaningful projects for continuous learning and development. You'll work with supportive colleagues and leaders who are committed to investing in talent. Successful history: Strong industry reputation, market presence, financial stability anchored in ethical standards, integrity and professionalism. Impactful Change: Leverage your expertise to drive meaningful change and make a significant impact on the company's success. Technological Innovation: Access to evolving advanced tools and technologies, such as AI, machine learning, and data analytics. Comprehensive Benefits: Benefit from competitive compensation, paid time off, healthy work-life balance and comprehensive wellness programs. Enjoy an employer-funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance, and professional continuing education.

Requirements

Bachelor's degree; or 15 years related experience or training; or equivalent combination of education and experience.
Fellow of the Casualty Actuarial Society (FCAS) with a commitment to continuing education.
Success managing teams and implementing strategic vision.
Strong problem analysis and resolution skills.
Excellent interpersonal and communication skills.
Proficiency in Microsoft Office, Excel, and basic SQL.
Knowledge of actuarial or analytics software such as Arius, R, Python, and Tableau.

Nice To Haves

Ability to attract, coach, and develop talent.
Effective leadership and project management skills.
Strong customer orientation.

Responsibilities

Lead the actuarial component of the company’s planning processes.
Provide insights into company, economic, and marketplace trends.
Lead the vision, growth, and implementation of advanced analytics.
Innovate and improve actuarial and analytics capabilities; adapt and develop rating methodologies for competitive advantage.
Develop and offer strategic direction for the company.
Lead the actuarial component of the company’s planning processes.
Identify growth segments and propose corrective actions for underperforming segments.
Partner closely with BNP’s Underwriting, Claims and Finance teams.
Collaborate across the enterprise with W.R. Berkley Actuaries and Analytics teams to advance company capabilities.
Proactively seek out competitive market analytics and position reviews to inform business decisions.
Participate in enterprise risk management initiatives.
Lead a small high-performing Actuarial Team, providing direction, mentorship, and evaluation.
Develop talent, motivate, and inspire through frequent and specific feedback.
Measure results and reward achievement.
Maintain compliance with actuarial policies and standards.
Perform advanced analytics and modeling techniques using tools like SAS, R, Pretium, Emblem, and stochastic simulation techniques.
Identify, retrieve, and prepare data for actuarial analysis using SQL, Essbase, and other data sources.
Prepare loss and expense reserves estimates.
Lead rate reviews, ratemaking, and actuarial indications.
Implement advanced analytics for improved accuracy and efficiency; support the development of Tableau reporting and analytical tools/models.