Chief Actuarial Officer

Company Details

Berkley Mid-Atlantic Group (BMAG) is a property and casualty insurance provider serving the Mid-Atlantic. We are a member of W. R. Berkley Corporation, one of the largest commercial lines property and casualty insurance holding companies in the United States. With the resources of a large Fortune 500® corporation and the ability to operate with the closeness and flexibility of a small company, we exclusively work with select independent agents to insure the future of business.

Our culture is one that empowers employees to question the status quo and seek innovative ways to continue to exceed the expectations of our customers. We practice collaboration, creativity, and teamwork on a daily basis, with a commitment to innovation and high performance.

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The company is an equal opportunity employer.

Lead the enterprise actuarial, analytics, and portfolio intelligence agenda so that pricing, reserving, capital, reinsurance, planning, and growth decisions consistently improve risk-adjusted returns. The Chief Actuarial Officer translates complex risk into clear choices, builds trusted decision systems, and develops the next generation of actuarial and analytical leadership.

Reporting to the President, the Chief Actuarial Officer is a member of the executive leadership team and the senior actuarial voice for the operating unit. The role owns the integrity and strategic application of actuarial work across pricing, reserving, forecasting, portfolio management, capital and reinsurance support, regulatory matters, and data-enabled decision making. The leader partners closely with the President, Chief Financial Officer, Chief Underwriting Officer, Chief Claims Officer, distribution leaders, and corporate actuarial stakeholders.

Over the five-year horizon, success requires moving beyond production of actuarial indications and reports toward an integrated decision-intelligence model. The Chief Actuarial Officer will establish governed, explainable, repeatable analytics; accelerate feedback loops; identify emerging risk early; and enable leaders to act with confidence while preserving actuarial standards, sound judgment, and appropriate human oversight.

• Serve as a strategic partner to the President and executive team, connecting actuarial insight to operating strategy, growth priorities, geographic expansion, product appetite, expense management, and risk-adjusted return objectives.
• Frame choices through scenarios, ranges, sensitivities, trade-offs, and leading indicators rather than relying only on point estimates or historical summaries.
• Own the actuarial narrative for quarterly results, annual operating plans, reforecasts, and corporate reviews, with clear explanations of performance drivers and corrective actions.
• Create a multi-year actuarial and analytics roadmap aligned with enterprise priorities, technology capabilities, talent needs, and governance expectations.

• Lead pricing adequacy, rate-level, trend, loss-cost, retention, mix, and new-business analyses across Small Commercial and Middle Market package products, Commercial Auto, Workers Compensation, Umbrella, and other assigned lines.
• Build portfolio steering capabilities that connect indicated need, achieved rate, underwriting action, exposure change, retention, claims emergence, and profitability at actionable segment levels.
• Partner with underwriting and distribution leadership to define profitable growth guardrails, market and segment priorities, and measurable action plans.
• Provide actuarial leadership for product development, coverage changes, filings, and experimentation, including disciplined test design, monitoring, and post-implementation evaluation.
• Advance risk segmentation and price optimization practices while protecting fairness, explainability, regulatory compliance, and sound underwriting judgment.

• Own the operating unit reserving process and recommendations, including methods, assumptions, diagnostics, documentation, peer review readiness, and communication of uncertainty.
• Connect reserve analysis with claims operations, underwriting actions, social and economic inflation, legal environment changes, catastrophe activity, and shifts in exposure or mix.
• Develop prospective views of loss emergence and profitability using actual-versus-expected diagnostics, early-warning indicators,…