VP, Reserving Innovation & Data

Arch Capital Group•Jersey City, NJ

1d•Hybrid

About The Position

The Reserving Innovation & Data team is an exciting new opportunity within the broader Reserving and Loss Analytics team at Arch. Its mission is to elevate how data and analytics are leveraged across Reserving. The team will serve as both a center of expertise and a catalyst for innovation, efficiency, and more sophisticated analytics across the entire Reserving team. The VP, Reserving Innovation & Data, will play a critical role in shaping this function. They will provide technical strategic leadership, champion best data practices, and optimize resource utilization to deliver scalable, high-quality data/analytical solutions. They will be a key member of the Actuarial Reserving and Loss Analytics leadership team helping to advance our data and analytics capacities across the entire team. The VP will have the opportunity to drive the identification and evaluation of the needs of the Reserving team and craft the Reserving Innovation & Data team to elevate reserving innovation at Arch.

Requirements

10+ years Property and Casualty experience in Actuarial and/or data related functions
5+ years managing a team
College degree in Computer Science, Engineering, Statistics, Mathematics, Actuarial Science, Data Analytics, or equivalent

Nice To Haves

Demonstrated experience building data expertise and tools to support analytics/research/actuarial functions in an insurance company setting
Strong proficiency with SQL as well as Python or other coding language
Experience with an orchestration tool like Airflow
Experience with cloud technologies like Snowflake
Ability to operate independently - managing tasks and engaging people across the team
Exceptional collaboration and relationship building skills
Comfortable handling ambiguous concepts and breaking down complex problems into manageable pieces
Strong data manipulation skills for analytics
Resilient problem solving and critical thinking skills
Exceptional verbal and written communication skills, with the ability to tailor messaging for technical and non-technical audiences, including senior executives
Flexibility - able to meet changing requirements and priorities

Responsibilities

Partner with Reserving leadership to define and execute a data and analytics strategy that enhances reserving insights, efficiency, and decision-making
Own data quality initiatives across the reserving department
Support enterprise-wide data initiatives
Own and develop strategies to improve the efficiency and analytics of the department as a whole, including ResQ implementation, Reserving process improvements, booking tool development and integration, and more
Serve as the primary liaison between Reserving and the IT, Enterprise Data, and related teams
Lead and mentor mid-level and junior team members to develop best-in-class solutions that solve complex business challenges in partnership with strategic stakeholders
Explore modern technologies and data sources with curiosity and creativity
Provide the appropriate documentation of sources and technical solutions
Prioritize competing priorities across portfolios and resources
Build strong partnerships with peers across the organization to support strategic goals
Continuously advance team capabilities and workflows