Arch Capital Group Ltd.

AVP, Reserving & Loss Analytics – Reinsurance

Arch Capital Group Ltd.

full-time

Posted on:

Location Type: Office

Location: ChicagoIllinoisMinnesotaUnited States

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Salary

💰 $153,000 - $200,000 per year

Job Level

Tech Stack

About the role

  • Own Reserving and Loss Analytics for the AINA cessions to our largest reinsurer and broader allocations
  • Work in close collaboration with underwriting, pricing, claims and finance to develop a common view of the business.
  • Work in partnership with various stakeholders to identify emerging trends that could impact results and propose corrective action in a timely manner.
  • Lead projects across the Reserving & Loss Analytics Team and get work done in collaboration with others.
  • Provide proactive insights, identify the drivers and ensure that the reserve analyses reflect any changes in the portfolio to minimize volatility and avoid surprises.
  • Apply innovative approaches and leading-edge tools to analyze the business.
  • Seek opportunities to leverage advanced analytics to provide greater insights.
  • Ensure the quality of the data and its consistent application in the reserving process.
  • Prioritize the work to ensure the reserving and loss analytics function is delivering analyses that are of greatest benefit to the organization.
  • Assume an active leadership role within Arch’s actuarial community and keep abreast of new reserving methodologies, trends and product/ tort reforms and other external issues.

Requirements

  • A minimum of 10 years’ experience in progressively complex actuarial roles within the property and casualty insurance industry.
  • Knowledge and experience with reinsurance reserving (preferred)
  • A minimum of 5 years’ experience within a Reserving function
  • Associate or Fellow of the Casualty Actuarial Society
  • Leadership: Strength and experience as a teacher, manager, peer, leader and contributor to a positive culture
  • Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity
  • Software skills: Excel (expert), Word, PowerPoint; SQL (expert), Power BI (preferred), database and programming skills, Snowflake knowledge (preferred), Python knowledge (preferred).
  • Excellent verbal and written communication skills.
  • Proven expertise leading and developing actuarial teams.
  • Experience presenting to executive management and external stakeholders.
  • Demonstrated experience providing proactive guidance and sought-out insights to business leaders, executive management, and other stakeholders.
Benefits
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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
reinsurance reservingactuarial analysisdata quality assuranceadvanced analyticsquantitative skillsanalytical skillsportfolio analysisloss analyticsreserving methodologiesproject management
Soft Skills
leadershipcommunication skillscollaborationcreativityproblem-solvingteachingteam developmentproactive guidanceinsight generationcultural contribution
Certifications
Associate of the Casualty Actuarial SocietyFellow of the Casualty Actuarial Society