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Actuarial Roles
3 months ago
Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity:
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for Actuarial candidates to join our European Actuarial Team. We are looking for individuals who have an ability to excel and an excellence of character. Our culture is innovative and fast paced and these positions are the perfect fit for those who are intellectually curious, self-motivated, and collaborative.
The team is growing and there are multiple positions available which will be based in our London office. These roles come with exposure to UK and European Casualty and Healthcare, with an area of focus depending on the skills of the individual. The tasks and responsibilities will grow in line with the maturity of the business and the candidate's profile.
Job title and compensation will be commensurate with the experience and exam level of the individual.
Duties & Responsibilities:
- Price individual large insurance policies and be a business partner for underwriters in this process
- Support the recalibration of existing pricing models, by analysing external or internal claims and exposure data to enhance proprietary pricing factors and models.
- Collaborate with other departments and other regions on the development and maintenance of actuarial reporting processes.
- Work with our data compilation team to ensure high quality data capture.
- Provide technical support, as needed, to underwriters on pricing models.
- Assist the underwriting community in benefiting from available reporting tools.
Qualifications, Skills, and Experience:
- Bachelor's Degree or equivalent in actuarial studies, mathematics, statistics, or a related field.
- Actively pursuing Fellowship with the Institute and Faculty of Actuaries, with proven progress.
- Actuarial experience in a General Insurance role preferable. Pensions, Life insurance or related data science experience will be considered.
- Intermediate to advanced Excel skills, with proficiency in VBA strongly preferred.
- Familiarity with SQL, R, Python or similar language preferred.
- Excellent oral and written communication skills in English, capable of communicating complex concepts to a non-actuarial audience.
- Strong interpersonal skills and the ability to work in a team environment as well as independently.
- Strong desire to learn from and share knowledge with teammates.
- Effective time management, with the ability to juggle multiple projects at the same time.
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
