Job Description

Atlanta, GA/Boston, MA/Chicago, IL/New York, NY

Salary Range: $130,000.00 To $250,000.00 Annually

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 cultureand history.

Job Opportunity: 

BHSI has an exciting opportunity for an actuary to be a key contributor for the healthcare pricing group. The ideal candidate has at least five years of experience pricing healthcare professional liability with a focus on large hospital institutions and senior care facilities. The teammate will be responsible for supporting the entire North American Healthcare team and will work closely with Actuarial, Underwriting, Claims, and IT. The position sits within the Casualty &Healthcare North American Actuarial Pricing team and will be exposed to other product lines within the larger Casualty group. This role can be based in Boston, Chicago, New York, or Atlanta.

This role is open to candidates who are credentialed as ACAS or FCAS. Job title and compensation will be commensurate with the experience and exam level of the individual.

Duties & Responsibilities:

• Price individual, large hospital and senior care accounts, working closely with underwriting throughout the process and effectively communicating insights into account and venue performance.
• Engage in portfolio management and profitability reviews with senior leaders of the business. Help develop go forward strategies.
• Analyze large amounts of loss and exposure data sent through the submission process to help derive proprietary pricing factors.
• Assist in research and evaluation of new pricing methodologies, products, or venues.
• Evaluate current pricing models and suggest new methodologies and improvements to existing structures.
• Maintain and improve pricing tools to ensure quality and ease of use for teammates in Actuarial and Underwriting.
• Collaborate effectively with the actuarial data and analytics team to enhance processes and maintain a high standard of data integrity.
• Collaborate with offshore resources to improve business processes and increase efficiency.

Qualifications, Skills and Experience:

• 5+ years of experience in a Healthcare professional liability actuarial role, preferably excess & surplus.
• ACAS or FCAS credential is required.
• Advanced Excel knowledge is required. Expertise with SQL or R is strongly preferred.
• Exceptional verbal and written communication skills and the ability to collaborate in a team environment with actuarial and non-actuarial teammates.
• Strong interpersonal skills and the ability to work independently.
• Strong desire to learn from and share knowledge with teammates.
• Effective time management skills, 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.
• Benefits that support your life and well-being, which include:

• • Comprehensive Health, Dental and Vision benefits.
  • Disability Insurance (both short-term and long-term).
  • Life Insurance (for you and your family).
  • Accidental Death & Dismemberment Insurance (for you and your family).
  • Flexible Spending Accounts.
  • Health Reimbursement Account.
  • Employee Assistance Program.
  • Retirement Savings 401(k) Plan with Company Match.
  • Generous holiday and Paid Time Off.
  • Tuition Reimbursement.
  • Paid Parental Leave.

NOTE: The base salary range for this position is $130,000 – $250,000. A discretionary bonus will be payable in addition to this base salary. 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.

Clicking apply will direct you to our recruiting module within ADP.

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