Senior Actuarial Analyst, Reserving & Loss Analytics

Responsibilities

• Assist with the Arch Quarterly Reserving process (i.e. Arch reserve analyses and reports, including discussions with claims, underwriters, senior management, and outside consultants and auditors)
• Assist with and/or lead the development of new reserving techniques, as well as new ways to examine the data while leveraging external and internal information, and helping improve and expand visuals to support findings and provide insight to senior management.
• Assist with and/or lead quarterly in-depth analysis for several business divisions, the discussions around assumptions and uncertainty, including presentation to executives, development of ongoing forecast process together with input on trend and plan projections.
• Collaborate closely with business division leaders, pricing actuarial, and claims to identify loss trends and emerging issues that could impact results and assist in developing proposals for corrective action in a timely manner.
• Financial Reporting and Assist with GAAP and SAP Financial Reporting (e.g. actuarial opinions, actuarial reports, statutory statements, and 10-Q/K reporting)
• Aid in the development of a discussion supporting the quarterly result and the drivers behind it.
• Profitability Reviews Assist with Quarterly Underwriting Year, NPV, and ROE analyses.

Requirements

• Prior experience in a corporate or business unit reserving function required.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, claims, etc.
• Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
• Demonstrated programming skills (such as SQL, R or Python) preferred.
• Ability to establish and build effective relationships within the organization.
• Experience presenting results / findings to senior management a plus.
• A critical thinker who will challenge others in a respectful manner and will be open to being challenged.
• A detail-oriented person who can be committed to both quality as well as accuracy.

Benefits

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $100,000 - $150,000/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.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

Click here to learn more on available benefits.