Search jobs > New York, NY > Actuarial analyst

Senior Analyst of Actuarial Commercial Product Development & Regulatory

Arch Capital Group
New York, NY United States of America
$95.9K-$148.9K a year
Full-time

Job Summary

  • Lead a team of actuaries to support product development for Arch Insurance business units by preparing actuarial support for rate and rule filings, including indication analysis, impact calculations, competitor research, and state-specific exhibits
  • Serve as a lead representative collaborating with other actuarial leaders and cross-functional business partners on product development initiatives for the given business units by providing filing strategies and being a creative sounding board to businesses
  • Develop various tools for impact and indication analyses to improve automation, efficiency and quality; research and improve analytical soundness and data sources.
  • Coordinate and assist in the response to state rate filing objections and help negotiate approvals
  • Monitor and initiate bureau filings for rate and rule adoptions; review and interpret insurance regulations, bulletins, and publications to help determine rate impact and compliance risks for business units

Why work at Arch :

  • Arch highly values actuaries : Arch’s CEO, CFO, President and many business unit leads are actuaries.
  • Flat structure : You will present to the CEO and other executive management and your insights will make a difference.
  • Opportunity : Arch has a lot of opportunity because of our growth and entrepreneurialism.
  • Exam program : Up to $75k of raises available; flexibility and support so you can study and pass.
  • Culture : 92% of Arch employees are proud to work for Arch. We love positive attitudes, encourage a collaborative environment, and proudly recommend Arch to friends and former colleagues.

Key Evaluation Criteria

  • 4-8 years experience and four or more exams
  • P&C Actuarial qualifications : actuaries and non-actuaries are welcome
  • Leadership : Strong project management and supervisory experience preferred
  • Efficiency, productivity and organizational skills, including ability to manage a small team
  • Experience : knowledge of P&C Insurance products and filings in admitted lines, and engaging with DOIs
  • Analytical and quantitative skills : theoretical foundation, work quality, creativity, ingenuity
  • Superior communication skills are important for partnering with cross-functional business partners
  • Software skills : Excel, Word, Power Point; database and programming skills preferred.

Arch Insurance Group, part of Arch Capital Ltd, is a specialty insurer built around talent intensive businesses. We prioritize niche focus, underwriting expertise, flexibility, diversification and disciplined cycle management.

We work creatively to provide new value and solutions to our clients and distribution partners. Arch highly values actuaries and actuarial expertise.

Many senior executives and business unit leaders are actuaries by training. Learn more about Arch at

LI-JS2

LI-HYBRID

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and / or Washington State, the base salary range is listed below.

This range is as of the time of posting. Position is incentive eligible.

$95,900 - $148,902 / 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 range may be modified in the future

30+ days ago
Related jobs
Promoted
Tremendous
Queens, New York

Experience with customer or product analytics working with a B2B software product. Yet there’s a lot of complexity under the hood, including over 2,000 redemption options and plenty of banking infrastructure. Drive growth by collaborating with Success, Support, and Product teams to enhance our under...

City of New York
New York, New York

Secretary of Education and the Council for Higher Education Accreditation (CHEA) in economics, finance, accounting, business or public administration, human resources management, management science, operations research, organizational behavior, industrial psychology, statistics, personnel administra...

Work At Home Vintage Experts
Brooklyn, New York
Remote

Assist with pricing studies to evaluate the profitability of company’s insurance products. Perform competitor analysis to maintain awareness of pricing and product developments in the marketplace. Aid in the development of rating methodologies concerning both existing and new company products....

City of New York
Queens, New York

The Bureau of Budget within the Division of Finance in the New York City Department of Health (DOHMH) and Mental Hygiene is seeking to hire 3 Grants Development and Compliance Analysts at $82,. Our mission is to protect and improve the health of all New Yorkers, in service of a vision of a city in w...

WTW
New York, New York

Our Integrated and Global Solutions line of business helps multinational companies develop global/cross-border solutions that meet the needs of both local and headquarter management in the design, establishment, financing, operation, oversight and monitoring of their compensation and benefit program...

City of New York
The Bronx, New York

The Office of HPDTech is composed of 7 units: CIO (Chief Information Office), CTO (Chief Technology Office), CPO (Chief Product Office), Budget, Enterprise Architecture, Planning & Compliance, and Information Security. As a Senior Business Analyst in HPD Tech, reporting to the Product Executive Dire...

Bank of America
New York, New York

Enterprise Model Risk Management seeks a Senior Quantitative Finance Analyst to conduct independent review and testing of complex models based on artificial intelligence (AI) and machine learning (ML) techniques including natural language processing (NLP). These are high profile modelling areas in t...

City of New York
New York, New York

In addition to promoting fiscal stability through the production of the ACFR, the Bureau of Accountancy ensures that the City’s vendor database is accurate and up to date to allow for efficiency in the processing of payments for businesses and individuals who are in contract with the City, as well a...

Bank of America
New York, New York

Bank of America believes both in the importance of working together and offering flexibility to our employees. Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance for...

THE BANK OF NEW YORK MELLON CORPORATION
New York, New York

Reviews documentation of research findings presented to product and development teams. A fifth of all global assets flow through our platform, and while we are most known for our more than $ trillion in assets under custody and administration, we also have more than $ trillion of assets on our Data ...