Job Description

Company Details

Berkley Oil & Gas, (a W.R. Berkley Company) is an insurance underwriting manager providing unique property and casualty products and risk services to customers engaged in the energy sector. Our customers recognize the importance of the expertise we provide and appreciate the opportunity to work with professionals who understand their business. We are in turn committed to delivering innovative products and exceptional service to them, our valued agents and brokers, Berkley Oil & Gas is dedicated in its efforts to be well-informed of the changing dynamics of the industry; support industry efforts to minimize and mitigate risks and hazards in the ‘oil patch', and to constantly seek ways to improve our products and services to meet customer needs.

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The company is an equal opportunity employer.

Responsibilities

The Actuary will take the initiative to identify and recommend necessary enhancements and changes to existing actuarial processes, analytical methods and procedures that reflect changing market and operating conditions and enable the department to contribute most effectively to the company's success.

• Assist in leading the strategy of assigned functional area(s) to provide accurate and timely analyses and communications to business partners, regulators, and rating agencies
• Serve as the primary contact for assigned functional area(s) on both an internal and external basis
• Be an actuarial thought leader, particularly in the area of reserving, coming up with new ideas and methods to ensure BOG actuarial methods, techniques and processes are appropriately sophisticated and reflect current industry standards
• Leverage advanced knowledge of generally accepted actuarial techniques to ensure that actuarial analyses appropriately reflect ongoing market and company operational changes
• Collaborate with associates in other departments on various items, including pricing and reserving for accounts, to provide the best business solutions for BOG
• Listen to associates needs and requests, then determine priority of execution and completion of those requests through review of current business priorities and discussions with the VP Actuary Provides recommendations on Actuarial projects and based on verified data
• Improves and enhances loss reserving diagnostics and reserve analysis tools
• Completes and streamlines line of business trend and pricing studies
• Maintains pricing models and ensures they are in the most efficient automated tool and process
• Assists in rate analysis and reporting
• Measures, monitors, and communicates progress of project(s) at clearly defined points in the process to ensure that the project(s) is delivered on time, and it meets or exceeds expectations
• Maintains focus on key objectives and manages unit work flow to accomplish completion of complex actuarial projects, removing obstacles as necessary
• Delivers several projects concurrently and adjusts to changing priorities

Qualifications

• 10-15 years of related work experience.
• Advanced knowledge in actuarial ratemaking methodologies.
• Practical knowledge with financial reporting.
• Mastery of core software applications, including actuarial systems, and Microsoft Office Suite.
• Experience with relational databases (Access, SQL Server)

Education Requirement

• Bachelor's Degree Required (Math or Stem Degree preferred)
• ACAS required
• FCAS credential preferred

Additional Company Details We do not accept any unsolicited resumes from external recruiting agencies or firms.

Job Tags

Work experience placement,

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