Director, Actuarial Pricing - Executive Assurance
New York, NY  / Garden City, NY  / Chicago, IL  / Jersey City, NJ  / Philadelphia, PA  / Hartford, CT  / Kansas City, MO  / St. Paul, MN ...View All
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Posted 2 months ago
Position No Longer Available
Position No Longer Available
Job Description
Director, Actuarial Pricing - Executive Assurance
Entity Arch Insurance Group Inc.
Job Locations US-NY-New York | US-NY-Garden City | US-IL-Chicago | US-NJ-Jersey City | US-PA-Philadelphia | US-CT-Hartford | US-MO-Kansas City | US-MN-St. Paul
Job ID 2022-5769
Business Segment Insurance
# of Openings 1
Category Actuarial
The Position

The primary role will be to partner with the Executive Assurance (EA) division by working closely with the underwriters and their leadership team. Daily projects include pricing and assessing new business opportunities as well as a variety of interesting adhoc projects. Core to the role is working with the business on profitability studies, benchmark pricing, automating existing processes, developing new insights to monitor the business and work closely with the business on strategies. A yearly business review where you will be highly engaged for your analysis and inputs. This position will also directly manage an employee.

The EA department manages the financial lines risks that Arch writes. This includes lines such as Directors and Officers, Employment Practice Liability, Private Equity, Transactional Risk, and many others. This business is written primarily in house and through minimal MGUs and Programs. To manage these units, Actuarial completes monthly price monitors, yearly profitability studies, quarterly benchmarking, as well as a variety of different diagnostic measures. Arch is continually looking to expand in areas that we believe could be profitable and beneficial for diversification.

Job Responsibilities
    Lead the profitability studies and discuss business strategy
  • Manage special projects from senior management
  • Be actively involved and improve on monthly/quarterly reporting
  • Build/Update/Monitor diagnostic tools
  • Assess and onboard new business opportunities for Executive Assurance
  • Manage and mentor an employee
Required Skills/Experience

Level and role are flexible for a talented candidate with long-term fit and potential. Candidates will be evaluated on:

  • P&C actuarial qualifications: ACAS or close to ACAS; expect 5+ years of relevant experience
  • Leadership: Strength and experience as a teacher, manager, peer, leader and contributor to a positive culture
  • Experience: knowledge due diligence on new business opportunities
  • Efficiency: productivity and organizational skills
  • Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity
  • Professionalism including oral and written communication skills including presentations and marketing
  • Software skills: Excel, Word, PowerPoint expected; basic knowledge of R and SQL needed, additional database and programming skills are a plus
The Company

Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With nearly 20 years of operating history and strong financial ratings, our track record remains solid.

Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.


Position No Longer Available
Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
5+ years
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