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Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an experienced actuarial candidate to join our European Actuarial Team. We are looking for an individual who has both an ability to excel and an excellence of character. Our culture is innovative and fast paced and this position will be the perfect fit for an individual who is intellectually curious, self-motivated, and collaborative. This position will be based in our London office with a focus on our UK and European Executive & Professional Lines portfolio including Commercial Directors & Officers, Professional Indemnity, Financial Institutions, Cyber and Transactional Liability, as well as the Marine and DUA portfolios. The tasks and responsibilities will grow in line with the maturity of the business and the candidate’s profile. The role is open for candidates who are qualified or nearly qualified as an actuary and have the right to work in the UK. Job title and compensation will be commensurate with the experience and exam level of the individual.
Job Responsibility:
Prioritize and drive the development of pricing models and work closely with the global actuarial function to ensure accurate implementation
Carry out and deliver existing projects such as pricing model recalibration, pricing model enhancement
Price individual large insurance policies and be the business partner for underwriters in this process
Work with the data compilation team to ensure high quality data capture
Provide general pricing support to the business across 9 countries in Europe, including technical assistance on pricing models, data quality issues and so on
Measure, track, and monitor products performance by producing product reviews to support portfolio management and underwriting strategies
Collaborate across functions and regions on the development and maintenance of actuarial pricing and reporting processes
Carry out pricing model training sessions across Europe on-line and in person
Work with Global Underwriting Officers and build close business partnership with key stakeholders
Requirements:
Bachelor’s Degree or equivalent in actuarial studies, mathematics, statistics, or a related field
Actuarial experience in a General Insurance role, preferably in Pricing
Nearly or fully qualified actuary with strong technical skills
Advanced skills in MS Excel and at least one of the programming languages such as SQL, VBA, R and/or Python
Excellent oral and written communication skills in English, capable of communicating complex concepts to a non-actuarial audience
Strong interpersonal skills and the ability to work in a team environment as well as independently
Strong desire to learn from and share knowledge with teammates
What we offer:
A competitive package and exciting growth opportunities for career-oriented teammates
A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders
A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework