Vice President, Group Actuarial

Reposted 2 Days Ago
Be an Early Applicant
White Plains, NY, USA
In-Office
212K-260K Annually
Senior level
Financial Services
The Role
Lead actuarial processes and data analysis for financial reporting, ensuring accuracy, collaboration, and guidance for junior members, while managing regulatory requirements and process improvements.
Summary Generated by Built In

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℠.

Position Summary

Collaborative VP, Group Actuarial to lead key Arch Group actuarial processes, analysis, and reporting initiatives. This role will act as a technical and strategic partner across actuarial reserving, internal and external ACGL reporting, and data initiatives. The ideal candidate will possess strong analytical skills, experience in reserve analysis, and a firm grasp of tools such as Excel, Power BI and SQL, while also providing mentorship to junior team members.

Responsibilities and Accountabilities

  • Lead 1st-level reserve consolidation review, ensuring accuracy and proactively identifying data issues; collaborate with junior team members to implement necessary corrections.
  • Review information reported externally (e.g. 10-Q/K, etc.) for accuracy and completeness.
  • Technical Provisions lead, ensuring accurate calculations and process improvement.
  • Contribute to actuarial opinion development and Bermuda Monetary Authority (BMA) regulatory filing support.
  • Support development of Group Actuarial Reporting Database by acting as subject matter expert in financial reporting and offering solutions to roadblocks.
  • Support external actuarial annual reviews, acting as a liaison and data expert.
  • Support the creation of Audit Committee presentations and quarterly exhibits for earnings call, including ad hoc analysis in quarter.
  • Migrate Excel-based financial reporting to Power BI with IT support.
  • Act as business subject matter expert for data cataloguing and stewardship, sharing responsibility with other team members.

Required Skills and Abilities
The successful candidate will have demonstrated ability with reserving, financial reporting, or data-driven actuarial functions and knowledge of Property and Casualty insurance and/or reinsurance (“P&C”) and/or Mortgage Insurance.

  • FCAS preferred, will consider career ACAS with strong prior experience;
  • 12+ years of experience in (re)insurance actuarial functions;
  • Proven experience in actuarial analysis and technical data oversight;
  • Detail-oriented with a focus on data quality and process improvement;
  • Comfortable navigating between strategic thinking and hands-on execution;
  • Proficiency in advanced Excel, PowerBI, and SQL;
  • Understanding of US GAAP financial reporting and/or BMA regulatory reporting;
  • Effective communicator on cross-function teams.

Desired Skills and Abilities

  • Experience in data management, risk management, or reserving functions;
  • Experience with Python;
  • Familiarity with Collibra or other data intelligence platform
  • Location is White Plains, NY office hybrid in-office 2 days/week. 

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$212,000 - $260,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes 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. Click here to learn more on available benefits.

     

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

10200 Arch Capital Services LLC

Top Skills

Excel
Power BI
Python
SQL
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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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