Director, Pricing Actuary — Lead Profitability & Analytics

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 Director Actuary will lead a team of actuaries to partner with business to deliver actuarial insights, develop actionable strategies, monitor executions and leading indicators to assess business health. They will provide actuarial support to the P&C Programs Insurance Business Unit in both quantitative and qualitative capacities.

• Profitability Reviews/New Submission Analyses:
  Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations.
• Monitor and Reporting:
  Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions.
• Actuarial Studies:
  Analyses and research to improve pricing parameters, methodologies and segmentations to better identify profitable opportunities.
• Tool Building:
  Design, program, and maintain critical tools used in pricing and book monitoring.
• Partnering with Strategic Analytics:
  Collaborate with predictive modeling teams to deploy advanced analytics and automation tools to help underwrite more profitably.

• P&C Actuarial qualifications: ACAS, FCAS, or similarly qualified professional.
• 6+ 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.

• Opportunity:
  No experience minimums or waiting your turn. Arch offers growth and entrepreneurialism, with many actuaries promoted within current roles for outstanding performance.
• Exam program:
  Up to $75,000 of raises available, and flexibility and support so you can study and pass.
• Flat structure:
  Insights presented directly to business unit leaders and senior actuarial executives, making a tangible difference.

Base salary range: $130,000 - $180,000 per year. Position is incentive eligible.

• Total individual compensation (base salary, short & long‑term incentives) will take into account factors such as geographic location, scope & responsibilities, qualifications, and business needs. The above pay range may be modified in the future.
• Arch is committed to helping employees succeed through a comprehensive benefits package that includes multiple medical plans, dental, vision and prescription drug coverage; a competitive 401(k) with generous matching; PTO starting at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of volunteer time; basic life and AD&D insurance, and short and long‑term disability;
  
  paid parental leave up to 10 weeks; student loan assistance; tuition reimbursement; backup child and elder care, and more.