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Arch Insurance Group Inc. · 1 month ago

AVP, Actuarial Pricing

Chicago, IL United States of America

Full-time

Onsite

Senior Level, Lead/Staff

$160K/yr - $200K/yr

8+ years exp

Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to inspire progress in various sectors. The AVP, Actuarial Pricing will provide actuarial support to the P&C Programs Insurance Business Unit, leading a team to deliver insights, develop strategies, and monitor business health.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations

Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions

Analyses and research to improve pricing parameters, methodologies and segmentations to better identify profitable opportunities

You will design, program, and maintain critical tools used in pricing, and book monitoring

Identify and nurture future leaders, provide them with regular coaching and opportunities to lead

Qualification

P&C Actuarial qualificationsPythonSQLVBAQuantitative analysisStatistical conceptsBusiness AcumenLeadershipCommunication skillsCollaboration skillsRelationship-building

Required

P&C Actuarial qualifications: ACAS, FCAS, or similarly qualified professional

8+ years of relevant experience, demonstrated ability in actuarial and quantitative analysis and statistical concepts

Business Acumen: In-depth understanding and knowledge of key business drivers and disciplines in underwriting, products, reinsurance, claims, and financials

Software skills: Strong programming skills, such as Python, SQL, VBA for building tools and advanced research

Leadership: Thought leader and innovator, strength and experience as a teacher, manager, peer, leader and contributor to a positive culture. Takes ownership of strategic initiatives and ability to influence business outcomes

Communication and Partnership: Excellent communication, collaboration, and relationship-building skills

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

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)