Lead Pricing Actuary

Berkley•Moorestown Township, NJ

1d•$150,000 - $200,000•Hybrid

About The Position

The Lead Pricing Actuary supports the VP of Actuarial by performing specific class reviews, analysis of benchmark rates, working with the Claims Department on trends and metrics, and performing due diligence analysis for new product ideas.

Requirements

Bachelor’s Degree required, preferably in Mathematics or Actuarial Science.
Minimum of 7-10 years of experience involving the Property/Casualty Insurance industry.
Primarily focus on the Pricing Practice area required.
Attainment of FCAS designation.
Effective communication skills, both verbal and writing.
Strong research and analytical skills.
Proficiency with MS Office Suite.
Understanding of applications and development using Microsoft Access, Microsoft SQL Server Reporting Services, (SQL language a plus). Tableau, R, Python desirable.

Responsibilities

Assist in the monitoring/analysis of key strategic business metrics for claims, underwriting, and management.
Interface with underwriting and product development on issues related to Admiral raters, pricing tools and new products.
Lead a team of analysts and/or senior analysts consisting of: coaching & mentoring, completing & conducting annual performance review, daily interaction & guidance for workflow.
Assist the Finance Department in pricing/price monitoring issues.
Assist the SVP & VP of Actuarial in the planning/budget process preparation.
Prepare special studies as needed (rate indications, rate of return, large loss analysis, frequency & severity trends).
Work closely with the business analysis unit in finance to properly assess data requests requiring actuarial forecasting.