AVP, Actuarial Pricing

AVP, Actuarial Pricing – Arch Insurance Group Inc.

Base Pay Range: $/yr - $/yr

Location:

New York, NY

Your Role

• Profitability Reviews/New Submission Analyses:
  Review products by applying actuarial concepts and techniques to determine portfolio profitability; analysing 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, programme, and maintain critical tools used in pricing and book monitoring.
• Leadership:
  Identify and nurture future leaders, provide them with regular coaching and opportunities to lead.

• 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 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.

• Medical plans (including dental, vision, and prescription drug coverage); competitive 401(k) with generous matching.
• PTO starting at 20 days per year; up to 12 paid company holidays per year plus 2 paid volunteer days.
• Basic Life & AD&D Insurance, Short and Long-Term Disability.
• Paid Parental Leave up to 10 weeks;
  Student Loan Assistance and Tuition Reimbursement.
• Backup Child and Elder Care support.
• Additional benefits – to learn more on available benefits.