Company Details
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. The company is listed on the New York Stock Exchange, is a Fortune 500 company, and is part of the S&P 500.
Today, the Berkley brand comprises nearly 60 businesses worldwide and is divided into two segments: Insurance and Reinsurance & Monoline Excess. Led by our Executive Chairman, founder, and largest shareholder, William R. Berkley, and our President and Chief Executive Officer, W. Robert Berkley, Jr., the company is well positioned to respond to opportunities for future growth.
The role may be located in one of our offices: Midtown Manhattan, NY (preferred); Greenwich, CT; Boston, MA; or West Hartford, CT. The offices offer a hybrid work schedule with 4 days in the office and 1 remote day where it makes sense to do so. If not located in our NYC office, periodic travel to NYC to meet with business unit leadership will be required. You will have day‑to‑day contact to learn and work with other actuaries across different business units.
The Company is an equal employment opportunity employer.
Job Overview
Position: Senior Actuary Analyst (P&C Actuary) – internal reference 2025 WRB Actuary.
Responsibilities
- Quarterly reserve analyses and presenting results to leadership.
- Annual loss ratio forecasts and pricing support for underwriters.
- Regular updates and explanations for management on rate changes and claims trends.
- Supporting teams across underwriting, claims, reinsurance, finance, data/IT, and risk.
- Work closely with underwriters and leaders to support smart decisions.
- Help improve our data, tools, and processes for everyone.
- Lead projects where actuarial thinking can make a real difference.
Qualifications
- Strong communication and people skills to get results.
- Solid technical background, ideally with Python, R, or similar capabilities.
- Bachelor’s degree or higher in a quantitative field.
- 5–8 years of P&C actuarial experience.
- FCAS or near‑FCAS (or international equivalent).
- Working knowledge of SQL and Python or R to manipulate and retrieve data.
- Executive‑level communication skills able to interact effectively with a wide range of stakeholders.
- Independent thinker who can challenge the status quo while maintaining professional and collaborative relationships.
- Prior experience with reserving, insurance financial reporting, and controls preferred but not necessary.
Compensation and Benefits
- Base Salary Range: $90,000 – $125,000.
- Eligible to participate in annual discretionary bonus.
- Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k), and generous Profit‑Sharing plans.
Sponsorship
Sponsorship not offered for this role.
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