Senior Analyst/Analyst, ERM

Berkley•Greenwich, CT

2d•$72,000 - $161,000

About The Position

The Enterprise Risk Management (ERM) team is a corporate function at W. R. Berkley’s headquarters in Greenwich, Connecticut. The team comprises ERM actuaries and catastrophe modelers who identify, quantify, and report on insurance, investment, credit, and operational risks. Its aim is to maximize the company’s long-term return on capital for an acceptable level of risk, with regular interaction with senior management across corporate and business units. The successful candidate will work on high-impact projects focused on casualty accumulation, risk assessment, and group reporting. The role suits someone who is energized by analytical work, wants to understand how insurance products affect risk and capital, and is motivated to improve and automate processes using data and AI-enabled tools. The candidate will contribute to casualty data processes and analysis, emerging risk monitoring, risk assessment and reporting, and group capital assessment.

Requirements

Minimum of 2 years of experience in P&C (re)insurance, preferably in actuarial, risk, or related analytical roles.
Strong critical-thinking and problem-solving skills, including the ability to evaluate options, challenge assumptions, and connect analytical results to business implications.
Strong verbal and written communication skills.
Collaborative work style and willingness to partner closely with colleagues across disciplines and geographies.
Proven ability to manage multiple priorities and meet deadlines in a dynamic environment.
Self-motivated and diligent, with comfort handling detailed data and process tasks while also seeing the bigger picture.
Proficiency in Excel.
Working knowledge of programming concepts, including functions and loops.
Ability to work with large datasets and produce reliable, well-structured analysis.
Bachelor’s degree or higher.

Nice To Haves

Experience with data visualization tools.
Interest in using technology, including AI-enabled tools, to streamline and automate recurring processes.
Actuarial exam progress or interest; the company offers an actuarial study program.

Responsibilities

Assist with the design and automation of the casualty data ETL process to improve accuracy and scalability.
Analyze and visualize casualty accumulations by insureds, lines, and industries to generate actionable insights for business leaders.
Assist with assessment of exposure to cyber insurance risk and climate change.
Research artificial intelligence and other emerging risks and evaluate their potential implications on property and casualty lines.
Assist with developing casualty event scenarios to help senior management understand the financial impact of extreme events.
Support implementation and continuous improvement of risk assessment processes across domestic and international business units.
Contribute to Group-level ERM reports.
Support international business units in their ERM reporting.
Perform capital and solvency projections, including stress tests.
Assist with the Group’s capital allocation process.

Benefits

Actuarial study program offering time and financial compensation for passing exams.
Medical, dental, and vision insurance.
Flexible Spending Account, Health Savings Account, and Health Reimbursement Arrangement.
Short- and long-term disability insurance.
401(k), profit sharing, and employee stock purchase plan.
Life, accidental death and dismemberment, travel, and additional life insurance.
Employee Assistance Program.
Paid time off, including vacation, sick time, and holidays.
Company wellness program.
Industry-related education and exams.
Industry-related tuition assistance.