Arch

Returning Candidate?

Actuarial Analyst

Actuarial Analyst

Job ID 
2017-1417
# of Openings 
1
Job Locations 
US-NY-New York
Category 
Actuarial

More information about this job

Overview

Why Arch, you ask? That’s as obvious as asking why you need generous paid time off and a bonus! To complement these perks, we offer well rounded medical, dental and vision plans. Arch Insurance Group, an employee driven market-leading insurer provides property, casualty and specialty insurance services across the US. Our selfless environment strives to attract the most talented people in their fields so as to reward them with all of the good things in life: competitive salary, tuition assistance, comprehensive training programs, paid internships, rewards for passing Insurance and Actuarial designation exams, life insurance, 401(k) match plans...and much, much more!

Responsibilities

Primary Responsibilities:

  • Provide Actuarial Pricing Support to the Professional Liability Division (PL Programs, Captive Agents, Misc. PL and Design & Environmental)
  • Provide Technical Rate and Product Development Reviews
  • Database Development and Maintenance for Data Analytics
  • Regular Interaction with Arch Underwriting, IT and Compliance Departments

 

Position Description:

  • Monthly Price/Benchmark Analysis
  • Profitability Reviews by Class, Territory & Coverage
  • Individual Captive Agents Account Pricing
  • Product Development (Competitor Analysis & Rate Filings)
  • Company/Industry Frequency and Severity Trend Studies
  • Pricing New Business Submissions
  • Special Pricing Studies as assigned (Ex., ILFs, Ded. Disc., Etc.)

Qualifications

Education and Experience:

  • Bachelor’s Degree in a Related Field (i.e., Mathematics, Computer Science, Actuarial Science)
  • Three to Five Actuarial Exams with a commitment towards CAS Designation
  • Three to Five years of Relevant Work Experience

 

Key Competencies:

  • Highly Effective Verbal and Written Communication Skills
  • Detail Oriented with Excellent Organizational Skills
  • Ability to work accurately and efficiently with large amounts of data
  • Multitask, Manage Workflow and meet Project Deadlines
  • Proficient with Microsoft Excel, Access and VBA