VP, Actuarial Pricing – Travel, Warranty and Lenders Solutions
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Illinois • Minnesota • United States
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Salary
💰 $225,000 - $275,000 per year
Job Level
About the role
- Pricing large deals: Partner with underwriters to customize structure, coverage, and price.
- Portfolio analysis and segmentation: Assess and monitor performance; report key metrics; identify pockets performing differently among unusually specialized deals; improve actuarial assumptions and techniques.
- Technology and Data: Create actuarial data products to enable efficiency; advanced actuarial analyses including predictive modeling and econometric variables on relatively large and complex data.
- Product Development: Create and optimize complicated insurance products, including design and filing strategy.
- Team leadership: Lead a large and varied team with strong teaching, project management and develop future actuarial leaders.
- Build strong relationships and become a trusted partner to internal and external partners.
- Department leadership: Set a positive example to our department as part of the actuarial senior leadership team.
Requirements
- Vice Presidents generally are FCAS with significant and broad industry experience with demonstrated success.
- Ability to independently turn problems into solutions, and partner with business unit executives.
- Demonstrated success learning and positively impacting specialty insurance products like Travel or Lenders.
- A strong mix of skills in actuarial theory, technology and data, large deal pricing and team leadership.
- Leadership and management: Strong teacher, teammate, project manager, people manager and dept. leader.
- Entrepreneurial skills: building new and innovative underwriting tools and advanced research projects.
- Superior communication skills are important for partnering with underwriters and presenting to business leaders.
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a 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
actuarial analysispredictive modelingeconometric variablesportfolio analysislarge deal pricinginsurance product developmentactuarial data productsactuarial theoryadvanced research projectsunderwriting tools
Soft Skills
team leadershipproject managementteachingproblem-solvingcommunicationrelationship buildingentrepreneurial skillspeople managementdepartment leadershipcollaboration
Certifications
FCAS