actuarial analyst
6 days ago
We are seeking a detail-oriented Actuarial Analyst to join our MidCorp Pricing team. The ideal candidate will leverage their analytical and technical skills to support actuarial pricing for our Middle Market insurance products, including Commercial Auto, General Liability, Property, and Worker's Compensation.
Key Responsibilities- Conduct actuarial pricing analysis for middle market products, industries, and states
- Prepare loss ratings for large accounts to support underwriting profitability
- Build and enhance tools for rate indications, segmentation studies, and other actuarial analysis
- Query, validate, and analyze data to monitor key performance indicators
- Actuarial studies – parameter selection, book profitability, segmentation
- Loss rating analysis – large account pricing
- Monitoring and reporting – price monitors, benchmarks
- Tool development – programming and testing tools such as pricing models and dashboards
- Ad-hoc analysis requests from actuaries or business unit
- Opportunity: We're looking for future leaders. Arch's entrepreneurial culture offers many development opportunities for actuaries.
- Growth: 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.
- Flat structure: You will collaborate with business unit colleagues and senior actuarial executives. Your insights will influence strategy.
- Curiosity, motivation, and ability to self-teach
- Pride of ownership – detail oriented, committed to accuracy and quality
- Knowledge of computer programming languages such as SQL, SAS, Python, and VBA is beneficial
- Understanding of insurance and actuarial concepts and methodologies
- Strong analytical, database, and Excel skills
- Strong written, oral and interpersonal communication skills
- Strong prioritization and time management skills
- Strong team player with leadership attributes
- Hours will be 9am-6pm US Eastern Time with potential to switch to earlier shift after one year
- Bachelor's degree with a concentration in a quantitative discipline such as actuarial science, statistics, computer science, mathematics, economics, or operations research
- 2 to 5 years of casualty actuarial work experience
- 2 to 4 casualty actuarial exams
Arch Global Services offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what's next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.
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