Actuarial Analyst - Mid

McNeil & Co.; Manila, Hinoba-an; On-site; PHP 360,000 - 520,000; Full time

Job summary

Arch Capital Group Ltd. Philippines is seeking an actuarial assistant to support P&C Programs Insurance. The role emphasizes profitability analysis, pricing studies, and tool building, with opportunities to lead as a liaison with business partners.

Ideal candidates possess strong SQL/Excel skills, basic Python, and a passion for actuarial science. A Bachelor’s degree in a quantitative field is required, with a supportive, collaborative culture and a structured study program.

Qualifications

• Proficient in SQL, Excel/Word/PowerPoint; Python preferred.
• Strong communication and leadership; capable of cross-functional collaboration.
• Excellent analytical and quantitative problem-solving abilities.
• Desire to learn actuarial science and pursue professional credentials.

Responsibilities

• Provide actuarial support to P&C Programs Insurance Business Unit.
• Perform profitability reviews and new submission analyses.
• Conduct pricing parameter studies and model calibration.
• Develop and maintain pricing tools for monitoring and decision making.
• Collaborate with underwriters on rate plans and product support.

Skills

SQL

Excel

PowerPoint

Communication

Leadership

Collaboration

Project Management

Analytical thinking

Education

Bachelor's degree in quantitative discipline

Tools

Python

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.

Job Description

Arch Insurance Group is seeking a motivated aspiring actuary to join our team.

Our group supports P&C Programs, MidCorp Programs and Entertainment. The business units provide highly specialized and tailored insurance products in Commercial Auto, General Liability, Property, Workers Compensation and Excess Umbrella.

The role includes portfolio profitability reviews, large account pricing, actuarial parameter studies, building actuarial/underwriting tools as well as monitoring and reporting on strategy executions, emerging trends and leading indicators.

This position will require strong database and programming skills, curiosity, quick learning, problem solving, as well as strategic business thinking.

This position is an excellent opportunity for a new actuarial candidate looking for intellectual and professional challenges, learning actuarial skills and understanding various products in P&C insurance.

The position provides a competitive compensation package, good benefits, and a superb study program in a supportive, collaborative, and innovative culture that highly values actuarial insight.

Many of our C-suite, senior management and business unit leaders are credentialed actuaries.

The primary role will be to provide actuarial support to the P&C Programs Insurance Business Unit.

This division highly values actuarial support, in both quantitative & qualitative capacities.

The actuarial assistant will have the opportunity to lead as a liaison representing the actuarial team with business partners.

Job Functions

• Profitability Reviews/New Submission Analyses: Review products by applying actuarial concepts and techniques to determine portfolio profitability; analyzing and digging into detailed segmentations
• Monitor and Reporting: Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to help Program Managers make informed decisions
• Actuarial Studies: Analyses and research to improve pricing parameters and segmentation to better identify profitable opportunities
• Tool Building: Designing, programming, maintaining, and supporting tools used in pricing, and book monitoring
• New Product Support/Rate Plan Improvement: Collaborate with Underwriters to create and revise rating plans; develop state specific support for insurance departments

Required Skills/Experience

• Software skills: Proficient in SQL, Excel/Word/ PowerPoint and experience w. Python preferred.
• Communication: both oral and written communication including presentations and marketing.
• Leadership: Able to lead discussion with cross-functional team.
• Collaboration: Able to effectively collaborate with cross-functional business partners.
• Efficiency: Strong productivity and organizational skills. Ability to deliver high quality work product in an efficient manner.
• Project Management: Strong project management.
• Analytical and quantitative skills: theoretical and analytical problem-solver with creativity.
• Demonstrated interest in actuarial science and insurance; no experience required. Interest in and ability to complete the actuarial exams and achieve professional property & casualty actuarial credentials.

Education

Bachelor’s degree with a concentration in a quantitative discipline such as actuarial science, statistics, computer science, mathematics, economics, or operations research.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

10400 Arch Global Services (Philippines) Inc. 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.

Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.