VP, Actuary - Financial Reporting

Arch Insurance Group Inc.White Plains, NY
97d$212,000 - $260,000

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℠. Position Summary Collaborative VP, Actuary - Financial Reporting to lead key actuarial processes, data analysis, and reporting initiatives. This role will act as a technical and strategic partner across actuarial reserving, regulatory reporting, and data governance. The ideal candidate will possess strong analytical skills, experience in reserve analysis, and a firm grasp of tools such as Power BI, SQL, and Excel, while also providing mentorship to junior team members.

Requirements

  • Demonstrated ability with reserving, financial reporting, or data-driven actuarial functions.
  • Knowledge of Property and Casualty insurance and/or reinsurance (P&C) and/or Mortgage Insurance.
  • FCAS preferred, will consider career ACAS with strong prior experience.
  • 12+ years of experience in (re)insurance actuarial functions.
  • Proven experience in actuarial analysis and technical data oversight.
  • Detail-oriented with a focus on data quality and process improvement.
  • Comfortable navigating between strategic thinking and hands-on execution.
  • Proficiency in advanced Excel, PowerBI, and SQL.
  • Understanding of US GAAP financial reporting and/or BMA regulatory reporting.
  • Effective communicator on cross-function teams.

Nice To Haves

  • Experience in data management, risk management, or reserving functions.
  • Experience with Python.
  • Familiarity with Collibra or other data intelligence platform.

Responsibilities

  • Lead 1st-level reserve consolidation review, ensuring accuracy and proactively identifying data issues; collaborate with junior team members to implement necessary corrections.
  • Review information reported externally (e.g. 10-Q/K, etc.) for accuracy and completeness.
  • Technical Provisions lead, ensuring accurate calculations and process improvement.
  • Contribute to actuarial opinion development and Bermuda Monetary Authority (BMA) regulatory filing support.
  • Support development of Group Actuarial Reporting Database by acting as subject matter expert in financial reporting and offering solutions to roadblocks.
  • Support external actuarial annual reviews, acting as a liaison and data expert.
  • Support the creation of Audit Committee presentations and quarterly exhibits for earnings call, including ad hoc analysis in quarter.
  • Migrate Excel-based financial reporting to Power BI with IT support.
  • Act as business subject matter expert for data cataloguing and stewardship, sharing responsibility with other team members.

Benefits

  • 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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