Arch

  • Assistant Vice President, Strategic Initiatives

    Entity Arch Insurance Group Inc (U.S.)
    Job Locations US-NY-New York | US-NJ-Jersey City | US-CT-Hartford
    Job ID
    2019-3101
    Business Segment
    Insurance
    # of Openings
    1
    Category
    Marketing
  • The Position

    The AVP, Strategic Initiatives is responsible for developing and managing initiatives in key strategic areas, including new product and program launch, InsurTech, emerging distribution, and supporting the development and implementation of various tools that will be used throughout the organization.  

     

    Job Responsibilities

    This position is directly accountable for the following responsibilities:

     

    Planning

    • Assist in the development of plans for key strategic initiatives, including timelines and objectives.
    • Serve as a key stakeholder and leading voice for Strategy & Distribution during the validation and planning stages of the Speed to Market initiative.
    • Assist in the development of tools that will be utilized across Arch North America (CRM, distributor profiles, etc.).

    Executing

    • Project manage key strategic initiatives on behalf of EVP, Strategy & Distribution (emerging distribution, small commercial, etc.).
    • Serve as point person for implementation of InsurTech proofs of concept for Arch.
    • Support implementation of internal tools that will be used across organization (CRM, distributor profiles, etc.).
    • Develop and lead research and analysis projects to support new product development, distribution expansion, etc.
    • Collaborate with Insurance stakeholders and play an active role in the development and execution in Go-to-Market plans.
    • Provide support for distribution-related merger and acquisition activity and be point person on integration matters.

    Measuring

    • Regular monitoring of key strategic initiatives versus established timelines.
    • Measuring outcomes of strategic initiatives against objectives.

    Partnering

    • Collaborate with senior management to create presentation materials and other communications on strategic initiatives.
    • Work broadly across different Business Units and functions to support implementation of InsurTech initiatives.
    • Collaborate with Strategy & Distribution team and Business Unit Underwriters to develop and implement tools that will be utilized broadly across organization.
    • Work with product development, BPM, Programs and other groups on the validation and implementation of Commercial P&C product opportunities and customer/broker experience strategies.
    • Collaborate with acquisition teams and acquired entities to develop and execute integration plans.

    Desired Skills/Experience

    Key Competencies:

    • Versatile team player with strong business acumen.
    • Excellent written and verbal communication and interpersonal skills.
    • Comfortable working with senior executives.
    • Strong organizational and project management skills.
    • Able to connect dots/see patterns across projects and the organization.
    • Excellent problem-solving and organizational skills; ability to manage multiple priorities work.
    • Highly analytical with ability to synthesize data into engaging narratives.
    • Excellent presentation, communication and persuasive writing skills.
    • Ability to use a consultative approach with strong collaboration and influencing skills.
    • Demonstrate a high level of personal initiative, setting and achieving challenging goals.
    • Five + years of experience in Commercial P&C Insurance is required.

    Preferred Technical Skills:

    • Demonstrated proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
    • Proficient in the use of project management tools.
    • Experience working with Customer Relationship Management (CRM) tools is strongly encouraged.
    • Familiarity with market research tools (e.g., Survey Monkey) is a plus.

    Expected Travel:

    • 30%+ domestic travel.

     

    Education

    • Bachelor's degree or equivalent training.

    The Company

    Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.

     

    A subsidiary of Arch Capital Group Ltd., Arch Insurance employs disciplined underwriting and prudent risk selection across all types of business. We have offices in the United States, Canada, Bermuda, UK, and Australia.

     

    Arch Insurance Group is a market-leading specialty insurer providing property, casualty and a wide range of specialty insurance for corporations, professional firms and financial institutions around the globe.  From product development to policy servicing to claims payment, we are dedicated to providing our customers with superb coverage and service.

     

    Arch offers competitive pay and a comprehensive benefits package including a student loan assistance program, 401k company match and employee stock purchase plan (ESPP).  Additionally, Arch is committed to supporting professional development and a culture that encourages innovation, collaboration and professional growth.

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