Director Actuary, P&C Pricing & Insights

Arch Insurance Group Inc.; Hartford (CT); On-site; USD 133,000 - 207,000; Full time

Job summary

Arch Insurance Group Inc. in Hartford, CT, seeks a Director Actuary to lead a team of actuaries within the P&C Programs Insurance Business Unit.

You will provide pricing insights, develop actionable strategies, monitor executions and leading indicators to assess business health. You will design, program, and maintain pricing tools and collaborate with Strategic Analytics to deploy advanced analytics and automation for profitable underwriting.

Qualifications

• ACAS/FCAS or equivalent actuarial qualification
• 6+ years of actuarial and quantitative experience
• Strong programming skills in Python, SQL, and VBA for tool building

Responsibilities

• 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 guide Program Managers and make informed decisions
• Actuarial Studies: Analyses and research to improve pricing parameters, methodologies and segmentations to better identify profitable opportunities
• Large Account Pricing: Provide actuarial premium recommendation on large new and renewal accounts
• Tool Building: Design, program, and maintain critical tools used in pricing, and book monitoring
• Partnering with Strategic Analytics: Work with predictive modeling teams to deploy analytics and automation tools to improve underwriting profitability

Skills

ACAS/FCAS

6+ years actuarial experience

Python

SQL

VBA

Leadership

Communication

Job description

Arch Insurance Group Inc. in Hartford, CT, seeks a Director Actuary to lead a team of actuaries within the P&C Programs Insurance Business Unit.

You will provide pricing insights, develop actionable strategies, monitor executions and leading indicators to assess business health. You will design, program, and maintain pricing tools and collaborate with Strategic Analytics to deploy advanced analytics and automation for profitable underwriting.