Senior Actuarial Analyst

Berkshire Hathaway Travel Protection Boston , MA 02298

Posted 4 days ago

Who are we?

A strong, 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 around the globe. 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 with excellent capabilities and character. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Job Opportunity:

BHSI is seeking an experienced and talented Senior Actuarial Analyst to join our State Affairs team in Boston, MA. The State Affairs team supports BHSI's admitted platform holistically to ensure profitable and compliant products are built, filed, implemented, monitored, reported and maintained. We are looking for an individual who has a high level of accountability, sense of urgency, attention to detail and excellence of character. Our culture is fast-paced, challenging, ever-changing yet rewarding. This position will be a great fit for an outside-the-box problem solver who is self-motivated, adaptable, positive and collaborative.

Duties & Responsibilities:

Development and Maintenance of:

  • Rating algorithms, rates, and rating plans of new and existing admitted products that ensure BHSI is profitable, compliant and relevant in a rapidly changing competitive landscape

  • All supporting filing exhibits, transmittals and objection responses that will secure timely approvals countrywide

  • Compliant Excel pricing tools for new/existing products and working with IT to ensure proper system rating and data requirements are created, tested and implemented

  • Profitability metrics and reporting including but not limited to rate indications and book monitoring dashboards that proactively gauge the health of the business

Qualifications, Skills and Experience:

  • At least 4 actuarial exams and commitment to pursing FCAS designation

  • 2+ Years of Experience

  • Rate Filing / Product Development experience desired

  • ISO/AAIS bureau product knowledge is strongly preferred (e.g.: Commercial Auto, Commercial GL, Commercial Property, Inland Marine, Commercial Crime etc.)

  • Advanced multi-tasking and prioritization skills to manage rapidly shifting projects effectively

  • Strong interpersonal skills, with the ability to proactively work in a team environment as well as independently

BHSI Offers:

  • A competitive package and exciting growth opportunities with a growing global organization
  • A liberating, fast-paced culture, centered on always doing the right thing for our customers, teammates and our business
  • A purposely non-bureaucratic organization that embraces simplicity over complexity, encourages innovation, and emphasizes individual excellence in a team framework


NOTE: 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

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Health Consulting Actuarial Analyst Boston College Program 2020

Marsh & Mclennan Companies, Inc.

Posted 2 days ago

VIEW JOBS 10/20/2019 12:00:00 AM 2020-01-18T00:00 Company: Description: WHO WE ARE We're Mercer - a global strategy consulting leader in health, wealth and career that is consistently recognized as a top 10 consulting employer. Mercer has more than 23,000 colleagues based in over 40 countries. We help clients worldwide advance the health, wealth and performance of their most vital asset – their people. THE POSITION: Health Actuarial Analyst Mercer's 2,500 US Health consultants deliver disciplined, consistent approaches, to benchmarking, data analytics, financial management, marketing, compliance and communication. Our client focus, integrity, expertise, and innovation are why clients choose Mercer. We are committed to setting the industry standard for ethical and transparent business practices. Health actuarial analysts work closely with senior consultants in the design, financing, pricing, and administration of client companies' health and welfare programs. You will be part of teams that plan designs, contribute strategies, and conduct benchmark studies that meet your client's benefit and financial needs. Our stimulating and learning-filled environment will help you build strong relationships with your colleagues and our clients. To learn more about Mercer's Health practice, please visit WHAT WE VALUE * Strong analytical skills, both quantitative and qualitative, and working knowledge of Microsoft Office—Word, Excel, and PowerPoint * Knowledge of data analysis, project management, and presentation design * Excellent interpersonal, verbal, and written communication skills * Intellectual curiosity; seeking opportunities to develop new skills * Ability to work in teams and be flexible to work under tight deadlines and changing client needs * Superior organizational skills and strong attention to detail WHAT'S IN IT FOR ME? * Be challenged to deliver impactful solutions for major organizations and have a direct impact on their employees * Fine tune your natural skills and learn new ones * Opportunity to work with some of the smartest people in the industry * Excellent growth, mobility and advancement opportunities * Top benefits – generous PTO including vacation, sick, personal and even 1 day off for community service! WHAT A TYPICAL DAY LOOKS LIKE * Develop employee contribution strategies to meet employer cost objectives * Assist in the development of customized pricing and valuation models * Price medical and prescription drug plan designs using proprietary Mercer tools * Analyze vendor renewals and plan experience and estimate future plan costs * Develop basic underwriting and actuarial skills as you build an awareness of health care plan design, cost factors, and the renewal process as well as industry products, services, and tools, including Mercer Health products, the vendor/insurance carrier market, and budget setting, rate setting, and evaluation PREFERRED QUALIFICATIONS * A bachelor's degree in actuarial science, math, statistics, economics, business finance, or other related field * Minimum GPA of 3.0/4.0 * A commitment to achieving a Society of Actuaries (SOA) designation as demonstrated by having successfully passed at least one SOA exam or other related professional certification * Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future JOIN US At Mercer, we believe that diversity and inclusion are vital components of our future and our goal is to leverage the unique skillsets that each person brings to the company. We provide our employees with a supportive, collaborative environment that leads to innovative ideas and the ability to make an impact. If you thrive on a challenge and enjoy connecting with people, we're looking for you! WHAT'S NEXT? Please apply via your school recruiting platform. You will be contacted only if you are selected for a first round interview. The first round interview will consist of an on-demand digital video interview through the Hirevue platform. COMPANY PROFILE Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Mercer's more than 23,000 employees are based in over 40 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With more than 65,000 colleagues and annual revenue over $15 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. Marsh & McLennan Companies is also the parent company of Marsh, which advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions; Guy Carpenter, which develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities; and Oliver Wyman, which serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, please visit us at: and for a glimpse into our culture check out our intern blog site at Follow Mercer on Twitter @lifeatmercer. Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC). Marsh & McLennan Companies offers competitive salaries and comprehensive benefits. For more information about our company, please visit us at: We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. Marsh & Mclennan Companies, Inc. Boston MA

Senior Actuarial Analyst

Berkshire Hathaway Travel Protection