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Arch Insurance Group Inc.

AVP, Actuarial Pricing

Arch Insurance Group Inc., New York, New York, us, 10261

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Overview

Base pay range: $129,500.00/yr - $201,066.00/yr. This range is provided by Arch Insurance Group Inc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. With a company culture rooted in collaboration, expertise and innovation, Arch aims to promote progress and inspire clients, employees, investors and communities to achieve their greatest potential. We enable possibility. Your Role

You will provide actuarial support to the P&C Programs Insurance Business Unit including MidCorp programs. The AVP Actuary will lead a team of actuaries to partner with the business to deliver actuarial insights, develop actionable strategies, monitor executions and leading indicators to assess business health. Responsibilities

Profitability Reviews/New Submission Analyses: Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations Monitor and Reporting: Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions Actuarial Studies: Analyses and research to improve pricing parameters, methodologies and segmentations to better identify profitable opportunities Tool Building: Design, program, and maintain critical tools used in pricing and book monitoring Leadership: Identify and nurture future leaders, provide regular coaching and opportunities to lead Qualifications

P&C Actuarial qualifications: ACAS, FCAS, or similarly qualified professional 8+ years of relevant experience in actuarial and quantitative analysis and statistical concepts Business Acumen: Understanding of underwriting, products, reinsurance, claims, and financials Software skills: Strong programming skills such as Python, SQL, VBA for building tools and advanced research Leadership: Ability to influence and contribute to a positive culture; takes ownership of strategic initiatives Communication and Partnership: Excellent communication, collaboration, and relationship-building skills Location and Compensation Notes

For NYC/Jersey City, base salary range is $129,500 - $201,066 per year. Position is incentive eligible. Total compensation will consider location, scope and responsibilities, qualifications, talent availability and business needs. The above pay range may be modified in the future. Why Arch

Opportunity: Growth and entrepreneurial environment with opportunities for advancement Exam program: Up to $75k of raises available with study support Flat structure: You will interact with business unit leaders and senior actuarial executives Click here to learn more about available benefits. Join Arch’s Talent Acquisition team by creating a job alert or becoming part of the talent community. Arch Insurance Group Inc.

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