Actuarial Director - Programs

Base pay range: $/yr - $/yr

At Berkley Program Specialists, we are dedicated exclusively to program business and excel at partnering with program administrators who possess significant underwriting expertise for homogeneous, niche classes of business. We enjoy the strength and stability that comes with being a Berkley Company and underwrite our programs through our member insurance companies, which are A+ (Superior), Financial Size Category XV, by A.M. Best.

• Lead actuarial support for several of the company’s programs.
• Complete quarterly pricing reviews and communicate results to company stakeholders.
• Monitor monthly prices, perform rate filings and class analyses where necessary.
• Collaborate with underwriting, finance, claims and IT departments to support all facets of programs.
• Support the Chief Actuary in the quarterly reserving process and develop dashboards and metrics to maximize program profitability.
• Opportunity to assist with reinsurance treaty pricing if the candidate has the requisite skills and experience.
• Regular and predictable attendance.
• Other duties as assigned.

• Bachelor’s degree in a related field (mathematics, actuarial science, statistics or equivalent).
• Minimum of 5 Casualty Actuarial Exams Completed.
• 8+ years of casualty actuarial experience with primary product pricing and reserving.
• Excellent interpersonal and communication skills.
• Reinsurance pricing experience a plus.
• Rate filing experience a plus.
• Strong knowledge of MS Office tools (Excel, Outlook, Word, PowerPoint).
• Strong knowledge of SQL.
• Knowledge and ability to use Power BI preferred.
• Knowledge and ability to use R and Python preferred.

• The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes base salary range: $160,000 - $210,000 annually.
• The actual salary will be determined by factors including scope, complexity and location of the role; skills, education, training, credentials and experience of the candidate; and other conditions of employment.
• This role is 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.

Sponsorship not Offered for this Role

The position is based in Naperville, IL; in-office four days per week.

• Director

• Full-time

• Sales and Business Development
• Industries:
  Financial Services and Insurance

We do not accept any unsolicited resumes from external recruiting firms.