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Rating Algorithm Developer

Berkshire Hathaway GUARD Insurance Companies
$88,086 - $141,395 a year
Wilkes-Barre, Pennsylvania
Full time
2 weeks ago
Overview:
Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.

Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path!

Benefits:
We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!
  • Competitive compensation
  • Healthcare benefits package that begins on first day of employment
  • 401K retirement plan with company match
  • Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
  • Up to 6 weeks of parental and bonding leave
  • Hybrid work schedule (3 days in the office, 2 days from home)
  • Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
  • Tuition reimbursement after 6 months of employment
  • Numerous opportunities for continued training and career advancement
  • And much more!
Responsibilities:

We’re looking for a collaborative and detail-oriented Insurance Rating Algorithm Developer to join our team. In this role, you’ll design, implement, and refine rating algorithms that help determine insurance premiums and rates. Your work will directly support our mission to deliver fair, efficient, and scalable insurance solutions.

You’ll be working closely with our priority rating system, contributing to its ongoing development and optimization. This system is central to our pricing strategy and product offerings, and your expertise will help ensure it remains accurate, adaptable, and aligned with regulatory standards.


Key Responsibilities:

  • Develop, test, and optimize insurance rating algorithms.
  • Ensure rating algorithms are accurate, efficient, and scalable.
  • Collaborate with business analysts and cross-functional teams to align rating algorithmic solutions with project goals.
  • Document methodologies and technical decisions clearly and accessibly.
  • Continuously improve rating algorithm performance based on feedback and data insights.

Qualifications:
  • Proficiency in at least one programming language (e.g., SQL, C#).
  • Experience with ISO rating algorithms
  • Strong understanding of data structures and logical reasoning.
  • Experience with systems like Duck Creek, Guidewire, and ERC
  • Ability to manage multiple priorities in a dynamic environment.
  • Comfortable working both independently and as part of a team.
  • Strong attention to detail and commitment to quality.
  • Experience in Property and Casualty insurance is a plus.
  • Associate degree or equivalent experience welcomed.
  • Familiarity with Agile methodologies (e.g., Scrum, Kanban) is beneficial.
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