Actuarial Director - Programs

Overview 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. Responsibilities Lead actuarial support for several of the company’s programs, including completing quarterly pricing reviews and communicating results to stakeholders, monthly price monitoring, rate filings and class analyses where necessary. Collaborate with underwriting, finance, claims and IT departments to support all facets of the programs. Support the Chief Actuary in the quarterly reserving process and develop dashboards and metrics to help the team maximize program profitability. Secondary opportunity to assist with reinsurance treaty pricing opportunities if the candidate possesses the required skill set and experience. Complete quarterly program pricing reviews and communicate results, trends, and key aspects to the Underwriting team and Senior management. Develop and complete monthly rate monitors, interpreting and communicating results to the Underwriting team and Senior management. Complete class analyses on programs to help maximize profitability. Create dashboards in Power BI to make program data and performance readily available to the BPS team. Provide support to other departments as needed, including underwriting, finance, claims and operations. Regular and predictable attendance. Other duties as assigned. Qualifications Bachelor’s degree in a related field (mathematics, actuarial science, statistics or equivalent). Minimum of 5 Casualty Actuarial Exams Completed. Excellent interpersonal and communication skills. 8+ years of casualty actuarial experience with primary product pricing and reserving. 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 is an equal employment opportunity employer. Additional Company Details The position is based in Naperville, IL; in-office four days per week. We do not accept any unsolicited resumes from external recruiting firms. 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; the 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 Details Sponsorship not Offered for this Role #J-18808-Ljbffr

Created: 2025-09-30