Arch Capital Group-posted 3 months ago
$61,500 - $79,900/Yr
Full-time • Entry Level
New York, NY
Insurance Carriers and Related Activities

This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Actuarial Assistant is responsible for providing actuarial support to the Actuarial Pricing unit, including but not limited to: rate filings, model testing, actuarial report production, data calls, database management and basic analysis. Some actuarial experience, preferably in pricing, is preferred but not required. This position reports to the Associate Actuary who will provide general supervision, but project work will be done for multiple actuaries throughout the Actuarial Pricing unit. The Actuarial Assistant also will be part of the company's Early Career Program. The Early Career Program Actuarial Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career with a world-wide insurance leader. During the one-year program, Actuarial Assistants receive specialized training that can position them for career advancement and valuable industry certifications.

  • Provide general support and assist US Actuarial Pricing team
  • Understanding of insurance and actuarial concepts and methodologies
  • Strong analytical, database and spreadsheet skills
  • Detail-oriented and organized, with focus on documentation
  • Good written, oral and interpersonal communication skills
  • Able to perform independently and meet deadlines, with guidance from supervisor
  • In addition to knowledge of mathematics, minimum qualifications include Excel skills to develop and use spreadsheets and databases
  • Knowledge of computer programming languages, such as Visual Basic for Applications, Access, SAS or SQL is a plus
  • Bachelor's Degree in Mathematics, Actuarial Science or an equivalent field
  • Multiple medical plans plus dental, vision and prescription drug coverage
  • 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 Offer
  • 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
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