Credit Insurance Actuary

McNeil & Co.; Dublin; On-site; EUR 120,000 - 180,000; Full time

Job summary

Arch Underwriters Europe Limited seeks an experienced actuary to shape mortgage risk pricing across Europe. You will work with a team of actuaries and insurance professionals to influence pricing decisions and strategic direction.

The role involves cross-functional collaboration, exposure to senior management, and opportunities for progression into leadership roles within Arch’s European mortgage portfolio. A dynamic, growth-focused environment awaits.

Qualifications

• Pricing and underwriting mortgage transactions.
• Analysing loan portfolios to support pricing models.
• Understanding regulatory, rating agency and economic capital frameworks.

Responsibilities

• Pricing new transactions and underwriting.
• Monitor and report on in-force portfolio.
• Contribute to AI-enabled workflow improvements.
• Support business development with actuarial input for contracts.
• Produce underwriting memos informing executive decisions.
• Analyze loan portfolio tranches and reflect in pricing models.
• Provide strategic insights to senior stakeholders on pricing and capital.

Skills

Actuarial pricing

Underwriting

Portfolio analysis

AI adoption

Regulatory knowledge

Stakeholder communication

Job description

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.

Essential Responsibilities and Accountabilities

The successful candidate will work with a team of c.10 experienced mid-level and senior actuaries and insurance professionals. This role offers the opportunity to influence strategic decisions and shape the future of mortgage risk management across Europe. Operating at the intersection of insurance, banking and capital markets, the position provides exposure to a dynamic and rapidly growing industry. The role demands cross-functional collaboration and exposure to senior management with opportunities for progression into leadership positions.

The successful candidate will assume responsibility for a broad range of actuarial activities including:

• Pricing new transactions
• Underwriting new transactions
• Monitoring and reporting on the in-force portfolio
• Contribute to the teams AI adoption agenda by helping evaluate, implement, and promote AI-enabled improvements to workflows and decision-making
• Assist business development team pitching to prospective senior banking clients and legal team with contract negotiations, from an actuarial perspective
• Produce high-quality underwriting memos that inform executive decision-making: Estimate probability of default (frequency) and loss given default (severity) in respect of loan portfolios for use in internal pricing models.
• Understand the tranching / structuring of transactions and ensure they are reflected in internal pricing models.
• Review and document the characteristics (composition analysis) of loan portfolios on potential transactions.
• Develop pricing strategies that optimize risk-adjusted returns and support sustainable growth in the European mortgage / SRT portfolio.
• Act as a subject matter expert on European banking and SRT market trends, providing thought leadership to internal teams
• Develop expertise in regulatory, rating agency and economic capital frameworks to guide pricing decisions.
• Perform quarterly portfolio analysis and deliver strategic insights to senior stakeholders, influencing pricing and capital allocation decisions.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset?

Arch may be a great fit for you.

13000 Arch Underwriters Europe Limited Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.