Actuary Internship Jobs in Georgia (NOW HIRING)

RESERVING ACTUARY POSITION

Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an immediate need for a Reserving Actuary to join its Actuarial team! This individual will oversee the quarterly analysis of loss and loss adjustment expense reserves and provide data to the Finance Department for external financial reporting. This individual will also conduct research into key drivers affecting loss reserves, including emerging types of claims, claim frequency and severity trends, and loss development patterns and diagnostics. The position requires clear and engaging communication of information to Senior Leadership with effective data visuals on a frequent basis.

Reports directly to Chief Actuary.

ESSENTIAL RESPONSIBILITIES AND PRINCIPAL ACCOUNTABILITIES

• Manages and directs the work of the reserving team (e.g., Actuaries, Analysts), including keeping everyone on task to complete recurring assignments within tight timeframes.
• Turns data into critical information and knowledge that can be utilized to determine organizational decisions. Presents findings to Senior Leadership.
• Selects actuarial assumptions and methods based on all available sources of data, reviews alternative assumptions, and is prepared to explain and defend assumptions upon review by peers, senior leaders, and non-actuaries.
• Develops and maintains analytical standards and procedures, including peer reviews, to ensure consistency of analysis, execution, knowledge sharing, and documentation.
• Monitors legislative and regulatory activity. Incorporates the effects of benefit and rate changes into actuarial analyses.
• Actively engages with and participates in industry professional organizations and rating committees, representing the company's strategic interests while presenting as an expert thought leader within the professional community.
• Prepares and presents ad-hoc research and reporting.

LEADERSHIP RESPONSIBILITIES As a member of the Senior Leadership Team (SLT), works collaboratively with members of the SLT to actively champion enterprise initiatives, ensuring the organization's vision, mission, goals and objectives are operationalized. Models and reinforces organizational values and behaviors in all leadership actions. Relies primarily on substantial experience, discerning judgment, and leadership skills to perform the functions of the job and achieve results in established timelines. Takes an anticipatory approach to solving problems. Ensures that employees understand their level of accountability and takes appropriate action to ensure employees fully understand roles, responsibilities and performance standards and provides ongoing feedback and support. Executes all responsibilities with professionalism and in accordance with the organization's internal policies, as well as regulatory, financial, and ethical standards.

QUALIFICATIONS EDUCATION: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Risk Management, Data Science, or other quantitative field required. REQUIRED CERTIFICATIONS/LICENSES: Fellow or Associate of the Casualty Actual Society EXPERIENCE:

• Minimum of seven (7) years of relevant FCAS experience with insurance industry concepts and applications required.
• Experience working with Willis Towers Watson ResQ preferred.

TECHNICAL SKILLS:

• Possesses sound data analytical skills and familiarity with Microsoft Office applications (Excel, MS-Access, MS-SQL).
• Knowledge of workers compensation standards and best practices preferred.

DESIRED COMPETENCIES

• PROBLEM-SOLVING: Logical thought process and problem-solving ability; able to effectively gather and analyze information skillfully and provide solutions in complex situations. Seeks root causes. Anticipates long-term problem areas and associated risk levels with objective rationale. Identifies items requiring additional information or action and addresses and communicates appropriately.
• INTERPERSONAL: Solid team-builder, be result oriented, a creative and strategic thinker with innovative problem-solving skills. Approachable and trustworthy with innate ability to form strong and meaningful bonds with executives and stakeholders. Active participant on SLT.
• INNOVATION AND INITIATIVE: Exhibits a drive to learn and master new technologies and techniques. Employs sound judgment in determining how innovations will be deployed to produce higher return on investments. Analyzes previously used concepts, processes or trends to devise new efficiencies or approaches not obvious to others. Thinks expansively by combining ideas in unique ways or making connections between disparate ideas.
• BUSINESS FOCUS: Leads discussions with senior leaders and internal partners to support strategic planning and decision making. Solicits authoritative perspectives and advice prior to approving recommendations.
• DATA VISUALIZATION AND COMMUNICATION: Debates opinions, test understanding and clarifies judgments. Ability to explain and illustrate the context of multiple, complex inter-related situations to a wide and diversified audience.

WHAT WE OFFER

• 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

WHO WE ARE

With more than 50 years in business, Berkshire Hathaway Homestate Companies (BHHC) has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what powers our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.

At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplace—something we truly value. We've created an approachable and collaborative atmosphere. Here you'll find a welcoming workplace where everyone can feel valued, supported, and inspired to do great work. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.