Manager, Underwriting Analytics

Arch Capital; New York (NY); Hybrid; USD 140,000 - 160,000; Full time

Benefits offered by this job

Medical plans

401k matching

PTO 20 days

Holidays & Volunteer Time Off

Life & AD&D insurance

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Backup Child & Elder Care

Job summary

Arch Insurance Group Inc. is seeking a data analytics professional to lead underwriting analytics, forecasting and BI initiatives. You will partner across underwriting, actuarial, claims, finance and product teams to deliver actionable insights for growth and profitability.

Responsibilities include developing dashboards with Power BI, building analytic models, P&Ls and pro-formas, and delivering regular portfolio performance reports to senior leadership. Strong SQL and Excel skills are required.

Qualifications

• BS in Finance, Business, Insurance or related field.
• 2-3 years in actuarial/insurance analytics or software development preferred.
• Advanced SQL and Excel skills required.
• Experience building analytics tools, dashboards and reports.
• Strong written and verbal communication skills.

Responsibilities

• Lead underwriting data analysis and maintain analytic models across lines of business.
• Prepare portfolio and performance reports for senior leadership.
• Assist with budgeting, forecasting, and scenario modeling.
• Develop data architecture, dashboards and Power BI solutions.
• Create P&Ls and pro-formas to assess opportunities.
• Provide ad hoc analysis to underwriting, actuarial, claims and finance.

Skills

SQL

Excel

Analytical methods

Underwriting knowledge

Education

BS in Finance, Business, Insurance or related field

Tools

Power BI

Dashboards

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.

Position Summary

This position leads analytics, reporting, forecasting, and business intelligence initiatives that support underwriting performance, portfolio profitability, and strategic growth by delivering actionable insights to business and executive leadership while partnering across underwriting, actuarial, claims, finance, operations, and product teams.

Responsibilities and Accountabilities

• Lead underwriting data analysis and maintain analytic models across prospective lines of business to support actuarial, claims, underwriting, business development, and management decision-making.
• Prepare regular portfolio and business performance reports and presentations for senior leadership/executive teams, including profitability, revenue, loss drivers, acquisition costs, revenue trajectories, forecasts, updates, budgets, and operating plans.
• Assist the CUO and business leaders with fiscal planning, budgeting, premium projections, expense projections, forecasting, scenario modeling, and sensitivity analysis.
• Support actuarial and underwriting teams with analytic insights for account renewals, new business opportunities, business cases, product launches, and portfolio growth strategies.
• Drive development of data architecture, reports, dashboards, Power BI solutions, and other business intelligence products.
• Create tailored solutions to monitor emerging risks, production tracking, and emerging experience for product launches.
• Independently create P&Ls and pro-formas to assess business opportunities and portfolio/product performance.
• Support underwriting, actuarial, claims, finance, operations, product, and business development with ad hoc analysis as needed.

Required Skills and Abilities

• Advanced knowledge of SQL and Excel is required.
• Experience in building and implementing analytical tools, dashboards, reports.
• Deep knowledge of analytical and statistical methods and technologies.
• Actuarial/Technical underwriting experience, or understanding of the concepts is preferred.
• Excellent written and verbal communication skills.

Education and Experience

2-3 Years in Actuarial or Insurance Analytics or Software development is preferred.

BS in Finance, Business, Insurance or a related field.

#LI-Hybrid #LI-JG1

Salary

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$140,000- $160,000

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Benefits

Arch is committed to helping employees succeed through our comprehensive benefits package that includes:

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care

14400 Arch Insurance Group Inc.