Berkshire Hathaway Homestate Companies - Workers Compensation Division

Director of Pricing

Berkshire Hathaway Homestate Companies - Workers Compensation Division

full-time

Posted on:

Location Type: Hybrid

Location: Bay AreaCaliforniaUnited States

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Salary

💰 $206,740 - $259,010 per year

Job Level

Tech Stack

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