AVP, Actuarial Pricing

Arch Capital Group Ltd. • New York, NY

277d • $129,500 - $201,066

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. You will provide actuarial support to the P&C Programs Insurance Business Unit including MidCorp programs. This division highly values actuarial support, in both quantitative & qualitative capacities. The AVP Actuary will lead a team of actuaries to partner with business to deliver actuarial insights, develop actionable strategies, monitor executions and leading indicators to assess business health.

Requirements

• P&C Actuarial qualifications: ACAS, FCAS, or similarly qualified professional.
• 8+ years of relevant experience in actuarial and quantitative analysis.
• In-depth understanding of key business drivers in underwriting, products, reinsurance, claims, and financials.
• Strong programming skills in Python, SQL, and VBA for building tools and advanced research.
• Excellent communication, collaboration, and relationship-building skills.

Nice To Haves

• Experience in leading teams and managing strategic initiatives.
• Ability to influence business outcomes and contribute to a positive culture.

Responsibilities

• Provide actuarial support to the P&C Programs Insurance Business Unit.
• Lead a team of actuaries to deliver actuarial insights and develop actionable strategies.
• Conduct profitability reviews and new submission analyses to determine portfolio profitability.
• Monitor portfolio rate change, pricing adequacy, and underwriting mix change on new and renewal business.
• Conduct actuarial studies and research to improve pricing parameters and methodologies.
• Design, program, and maintain critical tools used in pricing and book monitoring.
• Identify and nurture future leaders within the team.

Benefits

• Up to $75k of raises available for exam program support.
• Flexibility and support for studying and passing actuarial exams.
• Opportunities for promotion based on outstanding performance.
• Incentive eligibility for the position.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree