Senior Actuarial Analyst
2 days ago
Job Summary
As a Senior Actuarial Analyst at Arch Capital Group, you will play a critical role in providing actuarial support to the P&C Programs Insurance Business Unit. This team highly values actuarial expertise, and you will have the opportunity to lead as a liaison representing the actuarial team with business partners. This role reports to the AVP, Actuarial Pricing.
Key Responsibilities
- Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations.
- Monitor portfolio rate change, pricing adequacy, and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions.
- Analyze and research to improve pricing parameters and segmentation to better identify profitable opportunities.
- Design, program, and maintain critical tools used in pricing and book monitoring.
Why Work at Arch Capital Group?
- Opportunity for growth and development, with no experience minimums or waiting your turn.
- Exam program support, with up to $75k of raises available and flexibility to study and pass.
- Flat structure, allowing you to present to business unit leaders and senior actuarial executives, and make a meaningful impact.
Requirements
- 4-8 years of experience in actuarial roles, with demonstrated success on actuarial exams.
- Strong software/programming skills, such as Python and SQL, for building underwriting tools and advanced research projects.
- Superior communication skills for partnering with underwriters and presenting to business leaders.
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. Arch highly values actuaries and actuarial expertise, with many senior executives and business unit leaders being actuaries by training. Learn more about Arch at [insert link].
For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.
$95,900 - $148,902/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above range may be modified in the future.
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