Arch Capital Group Ltd.

AVP, Actuarial Pricing – Consumer Products

Arch Capital Group Ltd.

full-time

Posted on:

Location Type: Office

Location: New York CityConnecticutIllinoisUnited States

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Salary

💰 $160,000 - $200,000 per year

Job Level

Tech Stack

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