Actuarial Assistant, Global Modeling

2 months ago

Boston, United States Berkshire Hathaway Specialty Insurance Full time
Who are we?
A strategic and 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 and brokers around the world. 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, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity:

BHSI has an exciting opportunity for an Actuarial Assistant to join our Global Modeling & Analytics team in our Boston office

The Actuarial Assistant will engage in a wide variety of projects, with a heavy emphasis on the enhancement of technical actuarial raters and the analysis of large datasets for multiple lines of business.

This early career position is perfect for an aspiring actuary who has a proclivity towards data, programming, and collaboration. Also, this teammate's work output directly affects product lines and regions around the world, so your impact will be global

We encourage recent graduates, career changers, and candidates with past actuarial experience to apply for this role.

Duties & Responsibilities:
  • Develop, implement and maintain quantitative diagnostic tools to be used by underwriters in pricing individual risks and managing a portfolio of business.
  • Assist in programming pricing algorithms using R or Python.
  • Assist in developing new portfolio pricing models through statistical analysis, including general linear models (GLMs) and machine learning techniques.
  • Help optimize existing processes and data structures by designing and writing new code.
  • Provide technical/programming support, as needed, to other actuaries as well as BHSI teammates in other functions.
  • Collaborate with offshore resources to improve business processes and increase efficiency.


Qualifications, Skills and Experience:
  • A commitment to pursuing the FCAS designation.
  • Successful completion of at least two actuarial exams is preferred.
  • Proven math and analytical skills as normally acquired through the pursuit of a bachelor's degree in mathematics, economics, actuarial science, or related field.
  • Proficiency in SQL, VBA, R or Python is preferred although not required if the candidate has proficiency in other languages or an aptitude for programming.
  • Solid oral and written communication skills.
  • 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.
  • Effective time management, with the ability to juggle multiple projects at the same time.


BHSI Offers:
• 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

NOTE: Compensation will be commensurate with experience. 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.

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