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Arch Capital Group

Arch Capital Group

Actuarial Analyst

Actuarial Analyst

Job Details
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Uploaded On
December 1, 2023
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Location
Morristown, NJ United States of America
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Remote?
No
Company Overview
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Headquarters
Hamilton, Bermuda
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Number of Employees
5200
Estimated Number of Actuaries
174
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
82%
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Overall Score
4.1 / 5

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With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Department:               Actuarial

Location:                     Morristown, NJ             

Function:                     Actuarial Support                      

Major Duties and Responsibilities

  • Support underwriting, actuarial and finance departments with a variety of data-oriented daily responsibilities and long-term projects

  • Analyze and interpret data from business opportunities in various formats

  • Populate internal models with external data while performing data validation/quality assurance

  • Perform initial underwriting steps by reviewing submissions and running preliminary reports

  • Request catastrophe modeling jobs and validate output for reasonableness

  • Test, improve, and build-out pricing models

  • Aggregate and analyze data from industry sources to improve model benchmarks and parameters

  • Aggregate and analyze company’s internal data to develop proprietary benchmarks and parameters

  • Support the business with regular and ad hoc reporting assigned by managing personnel

  • Suggest ways to streamline or automate processes and organize data

Skills and Qualification:

  • At least 1 year of Actuarial Experience, with reinsurance experience a plus

  • BS/BA in math, statistics, finance, economics, actuarial or a related technical field

  • Excellent excel skills; proficient in all other MS Office applications

  • Programming skills (VBA / SQL) are strongly desired

  • CAS exam progress and continued interest in pursuing n actuarial designation

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

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Working at 

Arch Capital Group

Arch Capital Group Ltd. is a global insurance and reinsurance company, offering a wide range of property, casualty, and specialty insurance. With operations spanning across North America, Europe, and Australia, Arch is known for its diversified business portfolio and robust risk management practices. Their commitment to innovation and data-driven decision-making provides actuaries with a dynamic environment to apply their skills, drive growth, and shape the future of insurance. Arch's reputation for stability and excellence makes it an attractive destination for professionals seeking challenging opportunities in the insurance sector.

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