Director, Actuarial

Berkley•Jacksonville, FL

23h•$100,000 - $204,000

About The Position

The position will assist the Actuarial department in providing a full range of responsibilities necessary for the company to achieve its overall goals. The ideal candidate is a self-starter with a desire to take ownership of responsibilities and strive to improve current processes and analyses. The position requires strong all-around technical skills including programming, model building and analytics. This person will be an experienced predictive modeling analyst who will organize and perform modeling and actuarial analysis using WR Berkley systems and procedures to support pricing, reserving, predictive modeling, and forecasting processes while aligning and contributing to company growth and profitability objectives. A successful candidate will also operate as a team player with strong commutation skills. The position will have regular interactions with all other departments as well as with senior company and corporate management. This is a great opportunity for creative utilization of skills, growth and high visibility.

Requirements

Bachelor’s Degree in Actuarial Science, Economics, Finance or other related disciplines
FCAS
5 + years in P&C commercial lines insurance pricing and quantitative modeling
Deep experience in commercial auto line of business, particularly trucking
Experience in text mining
Experience building price elasticity models
Experience working with FMCSA data
Proficiency in R, SQL, SAS, Tableau, VBA
Advanced knowledge of Python, Hadoop, Hive, Git Jupyter Notebook, Markdown, LaTeX
Familiarity with MATLAB, SPSS, HTML, JavaScript
Proven analytical and problem-solving skills required; detail oriented
Excellent communication and collaboration skills required
Strong time management and organizational skills

Responsibilities

Perform conceptual modeling design tasks by applying specialized knowledge of the Berkley organization’s customer needs and data gathering processes
Build actuarial and other predictive model using proprietary client data and analytics
Perform complex multivariate pricing analysis; build complex models using generalized linear modeling and related techniques; leverage theoretical understanding and apply practical adjustments to extreme value profitability distributions and use these models in predictive modeling applications
Prepare model data using pricing and general data warehouses and by combining data from internal systems with data from external sources
Cross-check data using actuarial reports, pricing and reserving data repositories; examine data and model results with respect to consistency with product features and business goals; evaluate, verify and validate model stability
Prepare data for predictive models and reports involving predictive model outputs; correlate data with other business reports and evaluate model performance in comparison with business expectations
Maintain close contact with internal and external customers and supervisor for oversight of data validity, data cleansing, and for obtaining business insight to help with building predicative models; actively seek out peer review input from supervisor, immediate team and others within WRBC and incorporate it into final work product
Ad-hoc analysis and support for special projects as needed