
AVP, Reserving & Loss Analytics – Reinsurance
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Office
Location: Chicago • Illinois • Minnesota • United States
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Salary
💰 $153,000 - $200,000 per year
Job Level
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