Entity Arch Capital Services Inc
Job Locations BM-Hamilton | US-CT-Farmington | US-NY-White Plains
Job ID
Business Segment
# of Openings

The Position

We are looking for a strong and experienced Actuary to join our team in either the US or Bermuda. This person will provide support to the Chief Risk Officer and the Group Actuary in managing corporate actuarial reserving operations and risks within the Company.

Job Responsibilities

  • Support the Group’s reserving processes, including:
    • interacting with business unit actuarial teams in the development of actuarial estimates and booked reserves;
    • interaction with external auditors and independent actuaries in their assessment of the Group’s loss reserves;
    • evaluation of quarterly emergence of loss experience against expectations to ensure the accuracy and consistency of reserve levels and forecasts
    • development of economic basis technical provisions for the Group’s economic balance sheet as filed with the Bermuda Monetary Authority.
    • filing of the Group’s external financial reports, including the Annual Report and SEC filings (e.g., 10-K, 10-Q); Quarterly Earnings Releases and Financial Supplements
  • Support the Group-wide natural and man-made catastrophe aggregation process, including analysis of drivers of changes in risk profile;
  • Provide support to the Group’s capital management, which includes assessing the adequacy of ACGL’s capital and liquidity and filing regulatory and rating agency capital models and related surveys;
  • Support development and implementation of Group’s internal capital model including developing input parameters, model testing and calibration, analysis of output and communication of results to ACGL management.
  • Support the Group’s risk management efforts, particularly as regards Bermuda regulatory filings such as the GSSA, BSCR and ORSA reports, exposure aggregation monitoring and management and preparation for regulatory management reviews;
  • Assist in the development of group global reporting actuarial database;
  • Provide actuarial support to internal audit throughout the completion of its annual plan; and
  • Support group-wide actuarial research and analysis, data processing and modeling techniques.

Required Skills/Experience

  • 7 plus years relevant work experience in the insurance/reinsurance industry
  • Fellowship in the Casualty Actuarial Society (“FCAS”), or the Institute of Actuaries (“FIA”) or equivalent designation, required
  • In-depth knowledge of a Property and Casualty insurance/reinsurance company’s (“P&C”) internal business processes and the industry in which it operates and should be familiar with specialty P&C carriers
  • Extensive understanding of actuarial principles, techniques, systems and trends
  • Strong mathematical skills and the ability to clearly present technical data to varied audiences
  • Demonstrated proficiency in MS Excel, Visual Basic for Excel and MS Access SQL

Desired Skills/Experience

  • 3 years of relevant work experience in the insurance/reinsurance industry.
  • Understanding of actuarial principles, techniques, systems and trends, with a strong preference for reserving and/or financial reporting experience;
  • Strong mathematical skills and the ability to clearly present technical data to varied audiences;
  • Demonstrated proficiency in MS Excel and working with various financial/actuarial data sources and programming languages such as VBA, SQL;;
  • Experience in data management, risk management, economic capital modeling and catastrophe modeling is desirable;
  • Knowledge of international accounting regulations, in particular US GAAP;
  • Experience in and knowledge of Mortgage Insurance would be an asset;
  • Ability to work both independently and as part of a decentralized team;
  • Ability to organize and prioritize demanding workload according to volume and urgency;
  • Excellent planning and organization, analytical/problem solving, decision-making and financial analysis skills; and
  • Strong oral, written and interpersonal communication skills


  • Bachelor’s degree in Actuarial Science or related quantitative field such as mathematics or finance
  • Candidate in the Casualty Actuarial Society (“CAS”) or Institute of Actuaries with 2-5 actuarial exams and ambition to attain fellowship. Incumbent should possess knowledge of a Property and Casualty insurance and/or reinsurance company (“P&C”) or Mortgage Insurance

The Company

Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis.  Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. 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.




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