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Arch Insurance Group Inc. · 4 weeks ago

Director, Actuarial Pricing

Morristown, NJ United States of America

Full-time

Hybrid

Senior Level, Lead/Staff

$210K/yr - $260K/yr

8+ years exp

Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation to help clients achieve their goals. The Director, Actuarial Pricing will assist in pricing and underwriting a book of North American P&C reinsurance, requiring thorough knowledge of actuarial modeling techniques and proficiency in MS Excel.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Assess and analyze reinsurance treaties (quota share, excess of loss, aggregate, structured, multi-year and others) with actuarial techniques

Structure terms and assure profitability of business written

Contributing to LOB studies and assumption/parameter updates including developing ownership and expertise over a subset of lines that ARC writes

Develop and enhance pricing tools/models

Performing underwriting audits of client files

Report and present work including trend studies, rate monitoring and ad hoc requests from senior management

Frequent contact with underwriting, claims, and finance departments

Qualification

FCASACASActuarial modelingMS ExcelPythonRSQLReinsurance experienceInterpersonal skillsCommunication skillsOrganizational skills

Required

FCAS, ACAS or near completion level or equivalent designation

8+ years of applicable actuarial experience

Proficient in MS Excel, and an ability to create pricing tools to support day-to-day underwriting work flow

Ability to organize and prioritize a demanding workload

Strong interpersonal and communication skills and the ability to work with management at a senior level

Some travel and the ability to work overtime as needed is expected for this position

College or university degree, preferably with a quantitative major

Preferred

Reinsurance experience a strong plus but not required

Programming skills (e.g. Python, R, SQL) a plus

Benefits

Multiple medical plans plus dental, vision and prescription drug coverage

A competitive 401k with generous matching

PTO beginning at 20 days per year

Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer

Basic Life and AD&D Insurance as well as Short and Long-Term Disability

Paid Parental Leave of up to 10 weeks

Student Loan Assistance and Tuition Reimbursement

Backup Child and Elder Care

And more.

Company

Arch Insurance Group Inc.

Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.

Founded in 2002

Jersey City, New Jersey, USA

1001-5000 employees

https://insurance.archgroup.com

H1B Sponsorship

Arch Insurance Group Inc. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (18)

2023 (10)

2022 (10)

2021 (8)

2020 (3)