Senior Actuarial Analyst

Job Description

Job Description

Who are we?

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Actuarial Analyst to join our Global Actuarial Team in our Boston office. We are looking for an individual who has both an ability to excel and excellence of character. Our culture is innovative and fast-paced, and this position will be the perfect fit for an individual who is intellectually curious, self-motivated and a collaborative team member.

As part of the North American Accident & Health Team, this teammate will be responsible for providing support for our suite of A&H products, including our fast-growing Employer Stop Loss product. This role will have frequent communication with the wider A&H team, including underwriting, operations, IT, and claims, and will share expertise with a global community of actuaries.

Duties & Responsibilities:

• Develop, implement, and maintain quantitative diagnostic tools to be used by underwriters in pricing individual risks and managing a portfolio of business.
• Research and develop new pricing techniques and enhance existing methods.
• Collaborate effectively with the actuarial data and analytics team to enhance processes and maintain a high standard of data integrity.
• Provide support for rate changes and underwriting adjustments.
• Provide insights into the company’s business using the combination of tools needed to best complete each task (e.g. SQL, R, Excel).

Qualifications, Skills and Experience:

• Bachelor’s degree or equivalent training in computer science, actuarial science, mathematics, economics, statistics or related field.
• Actively pursuing the FSA designation.
• Successful completion of at least five actuarial exams is required.
• 3+ years of relevant work experience, preferably in medical stop loss or other accident & health products.
• Intermediate to advanced Excel skills.
• Proficiency with SQL or R is preferred.
• Exceptional verbal and written communication skills.
• Strong interpersonal skills and the ability to work in a team environment as well as independently.
• Strong desire to learn from and share knowledge with teammates.
• Effective time management, with the ability to juggle multiple projects at the same time.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
• Benefits that support your life and well-being, which include:

• Comprehensive Health, Dental and Vision benefits
• Disability Insurance (both short-term and long-term)
• Life Insurance (for you and your family)
• Accidental Death & Dismemberment Insurance (for you and your family)
• Flexible Spending Accounts
• Health Reimbursement Account
• Employee Assistance Program
• Retirement Savings 401(k) Plan with Company Match
• Generous holiday and Paid Time Off
• Tuition Reimbursement
• Paid Parental Leave

The base salary range for this position in Boston is $100,000 to $120,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.