Actuarial Services Director jobs in Richmond, VA

Company Details

Berkley Mid-Atlantic Insurance Group is a member of W. R. Berkley Corporation, a Fortune 500 company that is listed on the New York Stock Exchange and is part of the S&P 500.

W. R. Berkley Corporation’s insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong) by Standard & Poor’s. Berkley’s competitive advantage lies in its long-term strategy of decentralized operations. This structure provides each Berkley business the agility of a small business and the strength and resources of a Fortune 500 organization, as well as the financial accountability and incentives to attract and retain the highest-caliber professionals.

Berkley Mid-Atlantic Insurance Group works with a small and select number of appointed agents to deliver customized coverage for our clients’ unique insurance needs. We focus on small and middle market commercial accounts within the Service, Manufacturing, Retail, Construction, Wholesale, Finance and Real Estate industries.

Company URL: https://www.wrbmag.com/

The company is an equal opportunity employer.

Responsibilities

We have an exciting opportunity for an Actuarial Pricing Director to join our team! In this role, you will report to the VP Chief Actuary of Berkley Mid-Atlantic Insurance Group. You will drive rate reviews, participate in the company’s planning processes, and provide analysis and tools that support profitable growth.

• Collaborate effectively within the Actuarial department and with the company’s leaders to deliver insightful and timely analyses.
• Recommend rate changes based on portfolio performance and market environment.
• Lead state and product rate reviews and filings by interpreting bureau rate changes.
• Drive the actuarial component of the company’s planning processes.
• Identify, retrieve, and prepare internal and external data in support of actuarial analysis.
• Interpret and implement advanced analytics models for pricing and other applications.
• Identify segments with profitable growth potential or underperforming segments and propose strategy adjustments.

Qualifications

• Bachelor’s degree or MS in mathematics, statistics, actuarial science, economics or equivalent.
• ACAS or FCAS designations preferred.
• 10 years of actuarial experience in insurance pricing, preferably in commercial lines.
• Proficiency in Microsoft Excel and in programming languages like SQL, R, or Python.
• Ability to communicate clearly and with purpose.
• Ability to challenge the norms while working collaboratively with colleagues at all levels of the organization.
• High level of integrity, with a strong sense of urgency and results-orientation.
• Natural curiosity and a love for learning.

Additional Company Details

Sponsorship Details