Vice President, Group Actuarial
Arch Capital Group Ltd.
White Plains, NY
Sales / Marketing, Business Development
Position Summary
Collaborative VP, Group Actuarial to lead key Arch Group actuarial processes, analysis, and reporting initiatives. This role will act as a technical and strategic partner across actuarial reserving, internal and external ACGL reporting, and data initiatives. The ideal candidate will possess strong analytical skills, experience in reserve analysis, and a firm grasp of tools such as Excel, Power BI and SQL, while also providing mentorship to junior team members.
Responsibilities And Accountabilities
- 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.
The successful candidate will have demonstrated ability with reserving, financial reporting, or data-driven actuarial functions and 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.
- Experience in data management, risk management, or reserving functions;
- Experience with Python;
- Familiarity with Collibra or other data intelligence platform
- Location is White Plains, NY office hybrid in-office 2 days/week.
$212,000 - $260,000/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 pay range may be modified in the future.
- Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a 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; and more. Click here to learn more on available benefits.
10200 Arch Capital Services LLC
About the company
Company website•Financial Services
Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.
Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.
We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.
As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.
Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.
ATTENTION JOB SEEKERS
Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.
If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.
Please know the following about our interviewing and hiring practices:
We never make job offers without a formal interview process. We never ask you to send money of any kind.