Director & Actuary - Commercial Property

Director & Actuary-Commercial Property

About us:

Berkshire Hathaway GUARD Insurance Companies provide Property & Casualty insurance products and services through a nationwide network of independent agents/brokers.  Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world!  Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country.  Our vision is to be the leading small business insurance provider nationwide.

Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values:  accountability, service, integrity, empowerment, and diversity.  We are always in search of talented individuals to join our team and embark on an exciting career path!

Benefits:

We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all.   You’ll be surprised by all we have to offer! 

• Competitive compensation
• Healthcare benefits package that begins on first day of employment
• 401K retirement plan with company match and profit sharing
• Generous paid vacation and sick time
• Hybrid work schedule (three days in the office, two days from home)
• Work/life balance schedule – no nights or weekends/closed for all major holidays
• Longevity awards (every 5 years of employment receive a generous monetary award to be used toward a vacation)
• Tuition reimbursement after six months of employment
• Numerous opportunities for continued training and career advancement
• And much more!

Position Overview:

We are seeking a Director & Actuary-Commercial Property who is interested in working in a dynamic, fast-paced environment. This position is a vocal leader within the department and in working with business partners.  This role participates in setting the strategic direction for their area while managing a team of analysts.

This position can also be filled at the Director & Assistant Actuary level.  The position can be located in Philadelphia, PA or New York, NY.

• Provide strategic input and collaborate with business partners, such as Claims and Product, in product development and profitability management.
• Initiate, organize, and lead the completion of actuarial analyses for the Commercial Property line, including delegation to others.
• Manage multiple assignments independently and simultaneously with a focus on timeliness and accuracy.
• Lead methodology enhancements and enable efficiencies within the department and throughout the organization.
• Ensure appropriate documentation is maintained that allows another actuarial staff member to understand and recreate the work product.
• Prioritize and drive industry research, studies, and analyses to support actuarial projects.
• Collaborate with other areas of the organization to determine available data for actuarial analyses and reporting requirements.
• Communicate results, including insights and recommendations within the department, to other departments, and to senior leadership.
• Communicate with external business partners as needed.
• Manage, grow, and develop team members as appropriate and advocate for their continued development.

Salary Range

$130,000-$190,000.00 USD 

The successful candidate is expected to work in one of our offices 3-4 days per week and also be available for travel as required.

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

• Bachelor’s degree in actuarial science, mathematics, statistics, or another field with a rigorous mathematics background.
• ACAS or FCAS preferred but equivalent experience will be considered.
• At least 7 years of Commercial Lines experience, with at least 4 in Commercial Property pricing.
• Results-oriented with the ability to multi-task and adjust priorities when necessary.
• Experience managing or mentoring less experienced team members.