Director of Reserving
Berkshire Hathaway Homestate Companies · US
WHAT WE'RE LOOKING FOR Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate need for a Director of Reserving in the Bay Area!
Job description
WHAT WE'RE LOOKING FOR: Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate need for a Director of Reserving in the Bay Area! This individual will oversee the quarterly analysis of loss and loss adjustment expense reserves and provide data to the Finance Department for external financial reporting. This individual will also conduct research into key drivers affecting loss reserves, including emerging types of claims, claim frequency and severity trends, and loss development patterns and diagnostics. The position requires clear and engaging communication of information to Senior Leadership with effective data visuals on a frequent basis. Reports directly to Chief Actuary. ESSENTIAL RESPONSIBILITIES AND PRINCIPAL ACCOUNTABILITIES: - Manages and directs the work of the reserving team (e.g., Actuaries, Analysts), including keeping everyone on task to complete recurring assignments within tight timeframes. - Turns data into critical information and knowledge that can be utilized to determine organizational decisions. Presents findings to Senior Leadership. - Selects actuarial assumptions and methods based on all available sources of data, reviews alte...