
AVP, Actuarial Pricing – Consumer Products
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Office
Location: New York City • Connecticut • Illinois • United States
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Salary
💰 $160,000 - $200,000 per year
Job Level
About the role
- pricing responsibilities for Travel Insurance and Warranty & Lenders Services
- Working closely with underwriters to create individualized, creative deals
- Presenting actuarial review of large pricing deals to business unit leaders.
- Handling specialized contract and data quirks, like unusual earnings patterns and specialized coverages.
- Business unit partnership – Working with the business unit to achieve their profitability and growth goals.
- Tool building – Innovating/improving and maintaining tech-based tools used in pricing, and book monitoring.
- Actuarial studies – Creating new approaches for analysis and research to improve pricing parameters and segmentation to better identify profitable opportunities.
- Regulatory: Creating rate filings, and working with filings unit to file and gain regulatory approval
- Monitoring and reporting - Reporting on key metrics and trends in the business and performing profitability studies.
Requirements
- P&C actuarial qualifications: FCAS or ACAS preferred.
- Expect 7+ years. Will consider strong candidates with 4+.
- Teammate: Strength and experience as a teacher, supportive peer, and contributor to a positive culture
- Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity
- Business acumen: market awareness, well-rounded insurance company and industry knowledge; curiosity and entrepreneurship.
- Professionalism: both oral and written communication skills including presentations and marketing
- Software skills: Excel, Word and PowerPoint expected; basic knowledge of Python, SQL and Power BI needed
- Knowledge of US personal lines regulatory environment
- Predictive Modeling or other programming skills
- Ability to work with large datasets a plus
- Catastrophe modeling a plus
- Experience with Travel/Lenders Insurance a plus.
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
- and more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
P&C actuarial qualificationspredictive modelingPythonSQLPower BIdata analysiscatastrophe modelingpricing analysisprofitability studiesactuarial studies
Soft Skills
analytical skillsquantitative skillsbusiness acumenprofessionalismcommunication skillscreativityingenuityteachingsupportive peerpositive culture contribution
Certifications
FCASACAS