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Chief Actuarial Officer
full-timeMeridian

Summary

Location

Meridian

Type

full-time

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About this role

Company Details

 

 

 

Berkley North Pacific is rooted in the Pacific Northwest offering personalized commercial insurance solutions through collaborative efforts for ultimate customer experience. We do this by empowering our people and being 100% customer obsessed. Additionally, we offer the reassurance to our customers that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W. R. Berkley Corporation.

 

At BNP we believe in our core values of Integrity, Ownership, Collaboration, and Innovation.  We recognize our employees for their outstanding performance in establishing a workplace where employees can thrive, enjoy their work, and help our company grow. 

 

This role will be based in our Meridian, ID office.  We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

 

The Company is an equal employment opportunity employer.

#LI-AV1 #LI-HYBRID

 

Responsibilities

Become a key player in our dynamic team as the VP, Chief Actuary Officer.  In this role, you’ll report to the BNP President, provide strategic direction and leadership to the Actuarial Function while partnering with the BNP’s Senior Leadership team.  You’ll benefit from sharing best practices with your fellow Actuarial Officers from the other 65 Berkley operating units and home office.  We’ll trust you to develop and execute strategic plans that drive our business objectives.  Your business acumen coupled with your ability to pivot from the tactical to strategic delivery of Pricing, Reserving, and Analytics will be crucial to our success. 

 

What You Can Expect as a C-Suite Leader:

  • Innovative Culture: Thrive in a nimble, flat organization where innovation and teamwork are at the core.
  • Growth Mindset: Opportunities to tackle challenging and meaningful projects for continuous learning and development. You'll work with supportive colleagues and leaders who are committed to investing in talent.
  • Successful history:  Strong industry reputation, market presence, financial stability anchored in ethical standards, integrity and professionalism.
  • Impactful Change: Leverage your expertise to drive meaningful change and make a significant impact on the company's success.
  • Technological Innovation: Access to evolving advanced tools and technologies, such as AI, machine learning, and data analytics.
  • Comprehensive Benefits: Benefit from competitive compensation, paid time off, healthy work-life balance and comprehensive wellness programs. Enjoy an employer-funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance, and professional continuing education. 

We'll count on you for:

 

Entrepreneurial Leadership:

  • Lead the actuarial component of the company’s planning processes.
  • Provide insights into company, economic, and marketplace trends.
  • Lead the vision, growth, and implementation of advanced analytics.
  • Innovate and improve actuarial and analytics capabilities; adapt and develop rating methodologies for competitive advantage.

Strategic Mindset:

  • Develop and offer strategic direction for the company.
  • Lead the actuarial component of the company’s planning processes.
  • Identify growth segments and propose corrective actions for underperforming segments.

Collaboration and Partnership:

  • Partner closely with BNP’s Underwriting, Claims and Finance teams. 
  • Collaborate across the enterprise with W.R. Berkley Actuaries and
  • Analytics teams to advance company capabilities.
  • Proactively seek out competitive market analytics and position reviews to inform business decisions.
  • Participate in enterprise risk management initiatives.

Talent Development:

  • Lead a small high-performing Actuarial Team, providing direction, mentorship, and evaluation.
  • Develop talent, motivate, and inspire through frequent and specific feedback.
  • Measure results and reward achievement.
  • Maintain compliance with actuarial policies and standards.

Lead Through Change:

  • Perform advanced analytics and modeling techniques using tools like SAS, R, Pretium, Emblem, and stochastic simulation techniques.
  • Identify, retrieve, and prepare data for actuarial analysis using SQL, Essbase, and other data sources.
  • Prepare loss and expense reserves estimates.
  • Lead rate reviews, ratemaking, and actuarial indications.
  • Implement advanced analytics for improved accuracy and efficiency; support the development of Tableau reporting and analytical tools/models.

Qualifications

What you need to have:

  • Bachelor's degree; or 15 years related experience or training; or equivalent combination of education and experience.
  • Fellow of the Casualty Actuarial Society (FCAS) with a commitment to continuing education.
  • Success managing teams and implementing strategic vision.
  • Strong problem analysis and resolution skills.
  • Excellent interpersonal and communication skills.
  • Proficiency in Microsoft Office, Excel, and basic SQL.
  • Knowledge of actuarial or analytics software such as Arius, R, Python, and Tableau. 

What Makes You Stand Out:

  • Ability to attract, coach, and develop talent.
  • Effective leadership and project management skills.
  • Strong customer orientation.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment

Sponsorship Details

Sponsorship not Offered for this Role

Other facts

Tech stack
Leadership,Actuarial Analysis,Strategic Planning,Collaboration,Data Analytics,Problem Solving,Communication,Team Management,Innovation,Customer Orientation,Advanced Analytics,SQL,Microsoft Office,Python,R,Tableau

About Berkley

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.

Team size: 5,001-10,000 employees
LinkedIn: Visit
Industry: Insurance
Founding Year: 1967

What you'll do

  • The Chief Actuarial Officer will provide strategic direction and leadership to the Actuarial Function while partnering with the Senior Leadership team. Responsibilities include leading the actuarial component of the company’s planning processes and innovating actuarial and analytics capabilities.

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Frequently Asked Questions

What does a Chief Actuarial Officer do at Berkley?

As a Chief Actuarial Officer at Berkley, you will: the Chief Actuarial Officer will provide strategic direction and leadership to the Actuarial Function while partnering with the Senior Leadership team. Responsibilities include leading the actuarial component of the company’s planning processes and innovating actuarial and analytics capabilities..

Why join Berkley as a Chief Actuarial Officer?

Berkley is a leading Insurance company.

Is the Chief Actuarial Officer position at Berkley remote?

The Chief Actuarial Officer position at Berkley is based in Meridian, Idaho, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Chief Actuarial Officer position at Berkley?

You can apply for the Chief Actuarial Officer position at Berkley directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Berkley on their website.