Actuarial Commercial Product Development Lead

2 days ago


Kansas City, Missouri, United States Arch Capital Group Full time
Job Summary

We are seeking a highly skilled Actuarial Commercial Product Development Lead to join our team at Arch Capital Group. As a key member of our actuarial team, you will play a critical role in supporting product development for our business units by preparing actuarial support for rate and rule filings.

Key Responsibilities
  • Lead a team of actuaries to prepare actuarial support for rate and rule filings, including indication analysis, impact calculations, competitor research, and state-specific exhibits.
  • Collaborate with other actuarial leaders and cross-functional business partners on product development initiatives for our business units, providing filing strategies and serving as a creative sounding board.
  • Develop various tools for impact and indication analyses to improve automation, efficiency, and quality, as well as research and improve analytical soundness and data sources.
  • Coordinate and assist in the response to state rate filing objections and help negotiate approvals.
  • Monitor and initiate bureau filings for rate and rule adoptions, review and interpret insurance regulations, bulletins, and publications to help determine rate impact and compliance risks for our business units.
Why Work at Arch Capital Group?

We highly value actuaries and actuarial expertise, with many senior executives and business unit leaders being actuaries by training. Our flat structure allows you to present to our CEO and other executive management, and your insights will make a difference. We offer a lot of opportunity due to our growth and entrepreneurialism, as well as an exam program with up to $75k of raises available and flexibility and support to study and pass.

Key Evaluation Criteria
  • 4-8 years of experience and four or more exams.
  • P&C Actuarial qualifications, with actuaries and non-actuaries welcome.
  • Leadership: Strong project management and supervisory experience preferred.
  • Efficiency, productivity, and organizational skills, including the ability to manage a small team.
  • Experience: Knowledge of P&C Insurance products and filings in admitted lines, and engaging with DOIs.
  • Analytical and quantitative skills: Theoretical foundation, work quality, creativity, and ingenuity.
  • Superior communication skills are important for partnering with cross-functional business partners.
  • Software skills: Excel, Word, PowerPoint; database and programming skills preferred.

Arch Capital Group is a specialty insurer built around talent-intensive businesses. We prioritize niche focus, underwriting expertise, flexibility, diversification, and disciplined cycle management. We work creatively to provide new value and solutions to our clients and distribution partners.



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