The Actuarial Analyst is responsible for compilation, analysis and synthesization of complex data sets to effectively interpret operational and financial data. This individual may work on multiple projects at any one time, each requiring a significant degree of creativity, self-direction, and time management discipline.
Reports to Senior Actuary & Director of Pricing
ESSENTIAL RESPONSIBILITIES
- Performs statistical analysis to develop and present reporting for pricing and rate adequacy, reserve review, and peer company comparison.
- Proactively assesses data and solicits necessary information to develop and interpret data driven analysis; interprets and leverages discrepancies and/or variances; conducts appropriate research to gather data if not readily available; supports reporting and recommendations with analytical insights and facilitates high-level problem solving.
- Updates and maintains actuarial factors for various databases.
- Prepares and presents ad-hoc reporting as directed by management.
- Makes sound business decisions and recommendations while considering model outputs, organizational goals, and qualitative and quantitative inputs.
REQUIRED QUALIFICATIONS
- EDUCATION: A Bachelor's degree in Mathematics or Statistics from four-year college or university required.
- CREDENTIALS: Successful completion of one or more actuarial exams highly preferred.
- TECHNICAL SKILLS: To perform this job successfully, an individual should possess sound data analytical skills and familiarity with Microsoft Office applications (Word, Excel, MS-Access, MS-SQL), as well as ability to be proficient in applicable databases, systems, and vendor software programs.
- MATH ABILITY: Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.
- REASONING ABILITY: Able to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Able to interpret instructions furnished in written, oral, diagram, or schedule form.
- LANGUAGE ABILITY: Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, governmental regulations, and financial statements. Ability to write reports and professional business correspondence.
WHAT WE OFFER
- Work-Life Balance
- Mentorship for Growth
- Paid Time Off
- Paid Holidays
- Retirements Savings Match
- Group Health Insurance (Medical, Dental, and Vision)
- Life and AD&D Insurance
- Long Term Disability Insurance
- Accident and Critical Illness Insurance
- Flexible Savings Accounts
- Paid Community Volunteer Day
- Employee Assistance Program
- Tuition Reimbursement Program
- Employee Referral Program
- Diversity, Equity and Inclusion Program
ABOUT US
With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what powers our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.
At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplace—something we truly value. We’ve created an approachable and collaborative atmosphere. Here you’ll find a welcoming workplace where everyone can feel valued, supported, and inspired to do great work. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.
Top Skills
What We Do
Financial Strength and Integrity
With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what power our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.
Nationwide Strength. Hometown Feel.
Berkshire Hathaway Homestate Companies (BHHC) began as eight separately managed regional insurance companies across the United States.
As originally chartered, each wrote primarily in its own “home state” – with some business in bordering states. The eight companies began as personal lines writers, and each had its local underwriting and management presence in their territories – a core strategy BHHC continues to utilize. Today, BHHC has expanded its footprint nationally, while remaining committed to our heritage of offering the personalized service of a local homestate insurance company