At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.
Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.
At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!
The Company is an equal employment opportunity employer.
https://www.verusins.com/
Responsibilities Analyze both internal and external data to adapt and develop rating methodologies for existing company products.Use techniques to incorporate new variables in pursuit of a competitive advantage and improved underwriting results.Utilizes loss development and other methods to participate in the determination of incurred but not reported reserve estimates to be used in profitability analyses.Produce regular monthly reports and/or analyses used to complete the financial close process and/or used to improve underwriting results of the company.Represent the needs of the actuarial department on cross functional projects.Constantly seek to improve current reporting and actuarial processes.Participate in planning ultimate loss and loss adjustment ratios based on underwriting leadership plans and changes to underwriting guidelines. QualificationsEducation and Experience
Bachelor’s degree in a quantitative discipline such as Actuarial Science, Statistics, or MathematicsMinimum Years of Experience by Level:Senior Actuarial Analyst: 4 yearsActuarial Analyst II: 2 yearsMinimum Exam Requirements by Level:Senior Actuarial Analyst: ACAS designationActuarial Analyst II: at least 4 examsRequires proficiency with Microsoft products including Excel and VBAPower BI and SQL Server knowledge preferredR and Arius knowledge preferredRequires familiarity with basic insurance conceptsPreferred familiarity with Professional Liability and/or Commercial Auto pricingKnowledge and Skills
Proven experience in organizing, prioritizing, and managing multiple priorities.Strong attention to detail.Excellent written and verbal skills.#LI-FL1 #LI-HYBRID
Additional Company Details We do not accept any unsolicited resumes from external recruiting firms.The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Ranges:
Senior Actuarial Analyst: $110K - $150K
Actuarial Analyst II: $90K - $110K
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.
Eligible to participate in the annual discretionary bonus program
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Additional Requirements The application window for this role is estimated to be open through August 30, 2024, but may be extended if necessary, please submit your application as soon as possible prior to August 30, 2024. Sponsorship Details Sponsorship not Offered for this Role Connect With Us! Not ready to apply? Connect with us for general consideration.