Credit Insurance Actuary

Arch Re; Dublin; On-site; EUR 80,000 - 120,000; Full time

Job summary

Arch Underwriters Europe Limited in Ireland seeks an experienced actuary to support mortgage risk pricing and portfolio management across Europe. The role offers cross-functional collaboration with senior stakeholders in a dynamic market.

You will influence pricing decisions, develop strategies for risk-adjusted returns, and contribute to the AI adoption agenda within the team. Excellent analytical and communication skills are essential for success.

Responsibilities

• 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

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.

13000 Arch Underwriters Europe Limited