Ajit Jain

Vice Chairman, Insurance Operations Berkshire Hathaway

Last Reviewed: October 1, 2026

Executive Summary

Ajit Jain runs Berkshire Hathaway’s insurance businesses as Vice Chairman for Insurance Operations. He joined Berkshire’s insurance group in 1986 and spent the following decades managing its reinsurance operations, which Berkshire calls one of its most important businesses. Berkshire’s proxy credits him with overseeing the assessment and pricing of many of the largest and most complex risks ever insured, generating billions of dollars of capital for Berkshire to deploy. He has been a Berkshire director since 2018. Berkshire Hathaway ranked No. 7 on the 2026 Fortune 500.

Career Highlights

• Vice Chairman, Insurance Operations of Berkshire Hathaway and a director since 2018.
• Executive Vice President of National Indemnity Company since 1996.
• With the Berkshire Hathaway Insurance Group since 1986.
• Earlier worked at IBM and McKinsey & Co.

Professional Journey

Jain earned an undergraduate degree at IIT Kharagpur and an MBA at Harvard University in 1978. He worked at IBM and at McKinsey & Co. before joining Berkshire Hathaway’s insurance group in 1986.

At Berkshire he managed the reinsurance operations, and he has been an Executive Vice President of National Indemnity Company, a Berkshire subsidiary, since 1996. In 2018 he was named Vice Chairman for Insurance Operations and joined the board.

In December 2025 he announced the appointment of Nancy Pierce as chief executive of GEICO, one of the insurance businesses he oversees.

Education

Indian Institute of Technology Kharagpur

Bachelor’s degree

Harvard University

MBA