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Arch Capital Group

Arch Capital Group

Senior Actuarial Analyst, Reserving & Loss Analytics

Senior Actuarial Analyst, Reserving & Loss Analytics

Job Details
""
Uploaded On
February 18, 2025
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Location
Chicago, United States
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Remote?
No
Salary
$
86
k-$
134
k
Company Overview
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Headquarters
Hamilton, Bermuda
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Number of Employees
5200
Estimated Number of Actuaries
174
Glassdoor Ratings
""
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℠.

The following duties and responsibilities are expected in this position:

Reserving & Loss Analytics
  • 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
  • Assist with GAAP and SAP Financial Reporting (e.g. actuarial opinions, actuarial reports, statutory statements, and 10-Q/K reporting)
  • Assist in developing a discussion supporting the quarterly result and the drivers behind it.


Profitability Reviews
  • Assist with Quarterly Underwriting Year, NPV, and ROE analyses.


The successful candidate will have the following 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 verbal 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


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.

$86,300 - $134,012/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. The above pay 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.

14400 Arch Insurance Group Inc.
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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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