Berkshire Hathaway is a holding company for a multitude of businesses, including GEICO and Fruit of the Loom. It’s run by chair and CEO Warren Buffett. Berkshire Hathaway is headquartered in Omaha, Nebraska. Originally, it was a company comprised of a group of textile milling plants.

Senior Engineer

Job Duties: Conduct research and provide engineering guidance and leadership for the development of internal views of modeled and non-modeled risks, prepare detailed site-specific risk assessments, conduct engineering analyses and site-inspections, evaluate the structural vulnerability components of vendor and other CAT models and platforms, develop internal tools and models to facilitate account underwriting decision-making, and manage less experienced engineers.

Specific duties include:

• Evaluate catastrophe risk of property assets for current and prospective accounts from a site-specific, engineering-based viewpoint. This includes assessing exposure information, reviewing hazard metrics, developing custom damageability functions using explicit advanced civil and structural analyses, and producing probabilistic loss estimates.
• Contribute to and lead the development of an internal view of catastrophe risk for buildings and other structures through literature review, probabilistic hazard analysis, advanced civil and structural engineering analysis, claims and damage data evaluations, and other independent research tasks. Development work will be incorporated into the larger risk methodology and models being used by BHSI.
• Critically evaluate vendor and open-source catastrophe models (e.g. Verisk, SP3, GEM, and others) to determine applicability to specific accounts, regions, and perils via the application of civil and structural engineering principles, probability, statistics, and performance-based engineering concepts, with the ultimate goal of determining the validity of these advanced risks to identify potential economic loss metrics during a natural catastrophe event.
• Communicate risk evaluation and risk and model development results to both internal and external stakeholders.
• Serve as an advisor to newer, less experienced engineers and have responsibility for the allocation of tasks and the oversight of their work product.  Also, be effective as a guide and mentor for the professional growth of newer team members.

Position Requirements: Ph.D. degree (or foreign equivalent) in Civil Engineering, Structural Engineering, or a related field. In the alternative, will accept a Master’s degree (or foreign equivalent) in Civil Engineering, Structural Engineering, or a related field with three years of relevant experience in Civil Engineering or Structural Engineering.

Must also possess advanced technical knowledge and skills gained through academic research and/or academic coursework and/or relevant experience in the following areas:

1. Structural analysis methodologies including probabilistic structural risk evaluation, advanced structural modeling, soil-structure interaction, and finite element methods.
2. Statistical and probabilistic concepts and methodologies.
3. Earthquake engineering and wind engineering concepts.
4. U.S. and International structural design guidelines and practices.
5. Hazard analytics and assessment of earthquake and windstorm perils.
6. Programming in the following languages:  Python, MATLAB, R, C++, SQL.
7. Working knowledge of ArcGIS (or equivalent).

*Multiple Positions available

Salary Range: $151,000 – $170,000

Underwriting Manager, Senior Care & Senior Living

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Underwriting Manager on the Healthcare Professional Liability Team. This key role reports to the leader of the Senior Care business segment and will focus on product management such as training field underwriting staff, reviewing account referrals, as well as writing and updating underwriting guidelines and policy forms. The role will also involve significant market interaction with customers and brokers, and may include limited account assignments. Candidates will be considered for any location where BHSI has an office, but Atlanta, Boston, Chicago, or New York are preferred.

Duties & Responsibilities:

• Assist in the development of guidelines and workflows that allow us to build a more efficient platform to better execute on targeted business and ultimately grow the portfolio and maintain profitability.
• Assist in conducting regular Underwriter training sessions to improve knowledge, risk selection, and effectiveness of front-line staff.
• Assist in form development and optimization as the market evolves and we act on lessons learned.
• Assist in working with actuarial to advance various risk selection and pricing optimization projects.
• Maintain a modest renewal book with some key broker partners to preserve first-hand knowledge and delivery of items above.
• Assist in referrals and account reviews.
• Assist in working with claims on various account/claim issues.
• Assist in the development and onboarding of new Underwriters.

Qualifications, Skills and Experience:

• Meaningful underwriting experience in the Senior Care/ Senior Living business segment preferred.
• Understanding and command of policy forms, rating tools and creating underwriting guidelines.
• Effective communication skills.
• Strong organizational and project management skills.
• A demonstrated record of executing on goals with accuracy and timelines.
• Collaborative nature in bringing together expertise in supporting areas such as Legal, Claims, Operations and IT.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

The base salary range for this position in New York is from $85,000 – $250,000 along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

M&A Analyst, Transactional Liability

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity to join our growing Transactional Liability team in New York City or Boston as an M&A Analyst. The Transactional Liability team provides insurance in connection with Mergers & Acquisitions, including Representation and Warranty Insurance, Tax Insurance, and Contingent Liability Insurance. In this role, the M&A Analyst will collaborate with the underwriters on the team to assist on M&A deals seeking insurance. The position will provide in-depth exposure to M&A deals and the insurance industry.

Duties & Responsibilities:

• Researching and analyzing company data, including reviewing financial statements, background information on targets and industries, and acquisition related documents.
• Managing a consistent stream of M&A deal opportunities that contemplate the use of transactional liability insurance.
• Preparing quotes and policy documents for the insurance of M&A deals.
• Engaging with insurance brokers, lawyers and clients for marketing purposes and developing marketing materials and presentations.
• Ensuring that deals move forward efficiently and in accordance with deadlines, through coordination with insurance brokers and lawyers.

 Qualifications, Skills, and Experience:

• College degree required (preferably economics, finance, or accounting); Law school degree would be advantageous.
• No additional experience required (though additional corporate, financial, accounting, or legal experience will be a plus).
• Ability to work in a fast-paced environment.
• Careful attention to detail.
• Friendly, outgoing, proactive and able to work within a team environment.
• Strong verbal and written communication skills.
• Desire to grow into underwriting role.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

The base salary range for this position in New York is $110,000 to 125,000, along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.

Complex Claims Director, Executive & Professional

Berkshire Hathaway Specialty Insurance has an exciting opportunity for a Complex Claims Director in our New York, Chicago, Boston or Atlanta Office. The Complex Claims Director will independently handle a diverse mix of complex claims consisting of employment practices liability and directors’ and officers’ liability claims underwritten primarily out of the Private/Non-Profit unit. Experience handling Fiduciary and/or Fidelity/Crime claims is a plus. Candidates must have strong technical and analytic skills, as well as excellent interpersonal skills, as this role will have a high level of interaction with customers, brokers, outside counsel (defense and coverage), mediators, underwriters, and senior management.

Duties & Responsibilities:

• Independently evaluates information on coverage, liability, and damages to determine the extent of exposure to the insured and the company, with limited assistance from outside counsel.
• Collaborate with defense counsel on strategy and resolution. Effective participation in mediations on complex claims.
• Duties may include but are not limited to: proactively handling claims from first notice of loss through ultimate resolution, working with and advising internal partners on claims, developing a proactive plan of action for ultimate resolution, obtaining budgets and meeting with clients, counsel and brokers and reviewing and providing advice on policy wordings and risk selection.
• Provides outstanding customer service and technical expertise; works well with the insured, broker and underwriters in the handling and adjudication of claims.
• Analyze and draft coverage letters as appropriate and communicates complex coverage positions effectively.
• Drafts reports and makes recommendations concerning reserve changes.
• Travels to conferences, mediations, and client meetings as necessary.

Qualifications, Skills and Experience:

• 10+ years’ experience, minimum five years claim handling experience with a carrier or equivalent coverage experience at a law firm.
• JD preferred.
• Excellent interpersonal communications and negotiation skills.
• Ability to thrive in a highly collaborative team environment.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

NOTE: This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.

The base salary range for this position is from $140,000 – $160,000 along with annual bonus eligibility; a candidate’s actual salary is commensurate with experience as determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.