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Arch Capital Group

Arch Capital Group

Actuarial Assistant

Actuarial Assistant

Job Details
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Uploaded On
August 15, 2023
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Location
Jersey City, 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℠.

We have multiple roles open across our teams, which are great for entry-level or analyst candidates. You will provide support to the actuarial team at Arch Insurance, a specialty P&C insurance company, working on fascinating and unique insurance products, and building valuable actuarial skills and experience.

  • Grow with us. Arch’s premium has doubled in the past five years. Learn a broad variety of actuarial techniques while helping us expand current businesses and build new ones.
  • Lead research efforts to advance our sophistication and decision-making edge.
  • Start-up-esque potential, building & reimagining tool/application design/implementation.

Why work at Arch:

  • Opportunity: No experience minimums, or waiting your turn. Arch has a lot of opportunity because of our growth and entrepreneurialism, and many Arch actuaries have been promoted within current roles in recognition of outstanding performance.
  • Exam program: Up to $75k of raises available, and flexibility and support so you can study and pass.
  • Flat structure: You will collaborate with business unit personnel and senior actuarial executives with your insights influencing strategy.

Key Evaluation Criteria

  • Actuarial Assistants are at the beginning of their actuarial career, and is a great role to learn and build an actuarial foundation.
  • No experience necessary. Strong candidates will be able to demonstrate aptitude and interest in insurance, actuarial science, quantitative problem solving and actuarial exams.
  • Intellectual curiosity is highly valued within Arch’s Actuarial department.

Education

Bachelors degree with a concentration in quantitative discipline such as actuarial science, statistics, computer science, mathematics, economics or operations research

Arch Insurance Group, part of Arch Capital Ltd, is a specialty insurer built around talent intensive businesses. We prioritize niche focus, underwriting expertise, flexibility, diversification and disciplined cycle management. We work creatively to provide new value and solutions to our clients and distribution partners. Arch highly values actuaries and actuarial expertise. Many senior executives and business unit leaders are actuaries by training. Learn more about Arch at https://www.archgroup.com/about/

For individuals assigned or hired to work in Jersey City, New York City, Westchester County, California, and/or Colorado, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

61,498 - 110,262

  • 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.  The above range may be modified in the future

  • Click here to learn more on available benefits

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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