Head of Commercial Auto Actuarial Pricing

Head of Commercial Auto Actuarial Pricing

About us:

Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and 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 a 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
• Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
• Up to 6 weeks of parental and bonding leave
• Hybrid work schedule (3 days in the office, 2 days from home)
• Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
• Tuition reimbursement after 6 months of employment
• Numerous opportunities for continued training and career advancement
• And much more!

We are seeking a Head of Commercial Auto Actuarial Pricing who is interested in playing a leading role as we transform GUARD into a top tier commercial insurer.  In or agile and fast-paced environment, your work will have a direct impact on results. This position is a vocal leader within the department and in working with business partners as we profitably grow our auto portfolio.  This role participates in setting the strategic direction for their area while managing a team of actuarial analysts. The successful candidate will be responsible for completing pricing analysis and leading various projects aimed at monitoring and maintaining profitability. 

Projects may include application of data science methods in pricing, the development of a dynamic monitoring tool, and programming of more advanced pricing methods.  The candidate must be self-motivated, work independently, and have strong analytical and communication skills.  

**Please note the position will be filled at a level appropriate to the candidate's experience and qualifications.

Responsibilities:

• Provide strategic input and collaborate with business partners, such as Claims and Product, to profitability grow our commercial auto portfolio
• Initiate, organize, and lead the completion of actuarial analyses for all auto products, including delegation to others.
• Manage multiple assignments independently and simultaneously with a focus on timeliness and accuracy.
• 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.
• Communicate results, including insights and recommendations within the department, to other departments, and to senior leadership.
• Manage, grow, and develop team members as appropriate and advocate for their continued development.

• Five or more years of actuarial experience with at least two years of Commercial Auto experience.
• ACAS or FCAS Required
• Exceptional attention to detail to ensure accuracy and reliability of results.
• Ability to communicate results and assumptions.
• Experience collecting, analyzing, and interpreting data and model results.
• Results-oriented with the ability to multi-task and adjust priorities when necessary.
• Experience managing or mentoring less experienced team members
• Knowledge of VBA, SQL, R is preferred.

Salary Range:

$150,000.00-$250,000.00. In addition to base compensation, this role may be eligible for a performance-based bonus, subject to individual and company performance.

The successful candidate is expected to work in one of our offices 3 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.