Senior Analyst of Actuarial Commercial Product Development & Regulatory

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℠.

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 [https://www.archgroup.com/about/>

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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
• Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.