Actuarial Technician
- Berkley
- Morristown, NJ
Job Description
Company Details
Berkley Public Entity (BPE) was founded in 2012 as a member company of W.R. Berkley Corporation. BPE is a growing, dynamic company with the vision of being the preeminent carrier in our marketplace. As our name implies, BPE is 100% focused on providing innovative insurance and reinsurance solutions to public entities.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important, and every accomplishment makes a difference in our results. Come join us!
The company is an equal opportunity employer.
Responsibilities
The Actuarial Technician is primarily responsible for data analysis & organization as it pertains to the Actuarial and Underwriting functions, including for individual account pricing and broader pricing analyses. This role will have a high level of interaction within both the Underwriting and Actuarial teams in support of pricing large and complex Public Entity risks.
- Support the Underwriting team in scrubbing, organizing, and analyzing account specific loss and exposure data to aid in pricing large individual risks.
- Assist in regular preparation and analysis of proprietary statistical data to inform loss costs, severity distributions, and other pricing considerations.
- Interface with Underwriting and Actuarial departments to ensure data quality standards are met.
- Assist in the development/maintenance/distribution of actuarial reports and databases.
- Provide support in the analysis of various segments of the business for claim trends & profitability.
- Assist the Pricing Actuary with various data requests and pricing analyses.
- Perform other duties as assigned.
Qualifications
- Advanced knowledge of Microsoft Excel required
- Excellent capability to organize and analyze various forms of statistical data
- Some actuarial / applicable problem-solving experience preferred
- 2-5+ years relevant work experience
Education Requirement
- Bachelor’s degree required (or equivalent work experience)
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $65,000 - 70,000
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Eligible to participate in the annual discretionary bonus program
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
Sponsorship Details
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