Actuary
Berkley · Glen Allen, Virginia, US
Company Details Berkley Specialty Excess provides excess and surplus lines coverages for mid-market companies with hard–to place, specialized risks including...
Job description
Company Details Berkley Specialty Excess provides excess and surplus lines coverages for mid-market companies with hard–to place, specialized risks including, environmental (excess and primary); excess energy and excess for other industry verticals to be developed with the possibility of including excess general casualty that involve moderate to high degrees of hazard and require highly negotiated terms to meet buyer's needs. The distribution of products is limited to industry specialized brokers, wholesale for all products and large retail brokers for environmental products. Company URL: https://www.berkleyse.com/: The company is an equal opportunity employer. Responsibilities: The Actuary will assist in both pricing and reserving capacities. This role involves the development and maintenance of rating algorithms and software, the construction and interpretation of loss triangles, and the timely delivery of actuarial reports and regular corporate or statutory reports. - Perform actuarial analyses including price monitoring, claims trend, exposure profiling, profitability, etc. - Develop and test risk pricing software, experience raters, and other actuarial tools. - Update rating v...