• Actuarial Assistant

    Job Locations US-NY-New York
    Job ID
    # of Openings
  • Responsibilities

    Primary Responsibilities Description:


    • Provide Actuarial Pricing Support to the Executive Assurance (EA) Division
    • Provide Technical Rate and Product Development Reviews
    • Regular interaction with Arch Underwriting Department, Compliance and IT
    • Prepare Rate Filings and provide Filing Support


    Position Description:


    • Product Development
    • Renewal Business Monthly Price Monitoring
    • Quarterly Benchmark Reviews
    • Annual Trend Study
    • Annual Profitability Reviews
    • Prepare and Support Rate Filings
    • Build and maintain Raters for Testing
    • Work with IT to build and maintain Actuarial Databases


    Education & Experience:


    • The candidate should have a Bachelor’s Degree – preferably in a related field (i.e., Mathematics, Computer Science and/or Actuarial Science). The candidate should have 1-3 years of work experience and knowledge of basic insurance and actuarial ratemaking concepts
    • Completion of 2 to3 CAS Exams would be ideal


    Key Competencies:


    • Excellent verbal and written communication skills
    • Must be proficient with Microsoft Excel
    • Working knowledge of Sequel, VBA, Access and R would be a plus
    • Detail-oriented with the ability to work accurately and efficiently with large amounts of data
    • Must have the ability to multi-task, manage workflow, and meet project-specific timeframes and deadlines
    • D&O, EPL, Fiduciary, Crime, and/or Cyber experience is a plus
    • Price Monitoring experience is a plus


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