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℠.
Job Responsibilities:
- Assists in the development of monthly pricing review materials.
- Develops, maintains, and improves pricing instruments.
- Advises on rate filings and provides the necessary support.
- Investigates and resolves pricing questions from internal and external customers.
- Reviews data consistency and integrity.
- Assists in the production of strategic pricing proposals to senior management and other internal groups.
- Develops understanding of the relevant financial markets by keeping abreast of industry and economic analysis, financial risk management techniques, and participating in system-specific training.
- Regularly seeks and identifies ways to enhance the end product and provide value added consultation to management. Helps identify and develop creative ways to analyze pricing.
- Develops and implements documentation and training materials to enhance self-sufficiency for users of the department’s resources, analytics, and reports.
Required Skills Experience:
- General knowledge of quantitative methods and product pricing methodologies in the financial services industries, including discounted cash flow methodology and modern portfolio theory.
- Strong mathematical and statistical skills
- Fully proficient with MS Office products, especially advanced skills in Excel.
- Good attention to detail, analytical and problem-solving ability.
- Good communication and interpersonal skills to deal effectively with interdepartmental contacts.
- Ability to synthesize various identifiable factors and understand their impact on pricing.
- Strong time management skills.
Desired Skills/Experience:
- Proficient with SQL, SAS and/or python for data manipulation and summary.
Education:
Required knowledge & skills would typically be acquired through a bachelor’s degree plus 2+ years of related experience or master’s degree in a related field with some work experience.
Preferred Education/Experience:
- Pursuit of Casualty Actuarial Society (CAS) designation with successful completion of at least 1 CAS exam.
- Other desirable designations include CFA or FRM.
Working Conditions/Environment & Physical Demands: - Normal office environment – The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this Job. Reasonable accommodations will be made to enable qualified individuals with disabilities to perform the essential functions of the Job. - Attendance/Punctuality – Is consistently at work and on time; Ensures work responsibilities are covered when absent. - Hybrid work schedule. 3 days in office and 2 days working remotely. Disclaimer Incumbent may be asked to perform other duties as required.
The Company:
About Our Company Arch Mortgage Insurance Company is the flagship U.S.-based mortgage insurer of Arch Capital Group Ltd., a leading insurance and reinsurance company operating through its subsidiaries worldwide. Based in Greensboro, North Carolina, our company is committed to our employees and our customers. Our Total Rewards package offers competitive pay and valuable benefits. Plus you’ll have access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. #LI-AT1 #LI-HYBRID
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.
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.