
Director of Pricing
Berkshire Hathaway Homestate Companies - Workers Compensation Division
full-time
Posted on:
Location Type: Hybrid
Location: Bay Area • California • United States
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Salary
💰 $206,740 - $259,010 per year
Job Level
About the role
- Review rate adequacy and provide recommendations when deviations and revisions from standard assumptions are appropriate.
- Enhance and refine existing pricing models and develop new pricing models to support the Company’s strategic objectives.
- Monitor legislative and regulatory activity and ensure compliance in mandated reporting.
- Develop and maintain analytical standards and procedures, including peer reviews, to ensure consistency across department of analysis, execution, knowledge sharing and documentation.
- Actively engage with and participate in industry professional organizations and rating committees, representing the Company’s strategic interests while presenting as an expert thought leader within the professional community.
Requirements
- EDUCATION: Bachelor's degree in Statistics, Mathematics, Risk Management, or other related quantitative field, required.
- CERTIFICATIONS/LICENSES: Fellow or Associate of the Casualty Actual Society strongly preferred. Predictive Modeling accreditation desirable.
- EXPERIENCE:
- - Minimum of seven (7) years of FCAS or ACAS experience building predictive statistical models with pricing emphasis required.
- - Experience with statistical computer languages and fluency with "big data" tools (R, Python, SAS, SQL, etc.) to manipulate data and draw insights from large data sets is preferred.
- REQUIRED TECHNICAL SKILLS:
- - In-depth knowledge of insurance industry, programming, and current technologies used in predictive modeling and statistical analysis.
- - Highly sophisticated ability to create and use advanced statistical and predictive modeling techniques and concepts (generalized linear models, non-linear models, machine learning, etc.).
- - Proficiency in statistical analysis, quantitative analytics, forecasting/predictive analytics, multivariate testing, and optimization algorithms.
Benefits
- Bonus Eligibility
- Hybrid Work Schedule (up to 2 days work from home)
- Paid Time Off
- Paid Holidays
- Immediate Vesting of Retirement Savings + Company Match
- Group Health Insurance (Medical, Dental, and Vision)
- Life and AD&D Insurance
- Long Term Disability Insurance
- Hospital Indemnity Insurance
- Accident and Critical Illness Insurance
- Flexible Savings Accounts
- Paid Community Volunteer Day
- Employee Assistance Program
- Tuition Reimbursement Program
- Employee Referral Program
- Diversity, Equity and Inclusion Program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
predictive modelingstatistical analysisquantitative analyticsforecastingmultivariate testingoptimization algorithmsgeneralized linear modelsnon-linear modelsmachine learningstatistical computer languages
Soft Skills
analytical standardsknowledge sharingdocumentationpeer reviewsthought leadershipengagementcommunication
Certifications
Fellow of the Casualty Actuarial SocietyAssociate of the Casualty Actuarial SocietyPredictive Modeling accreditation