Senior Actuarial Analyst

archgroup; Asheville (NC); On-site; USD 133,752 - 200,000; Full time

Benefits offered by this job

Comprehensive medical plans

Dental, vision and prescription drug coverage

401k with generous matching

20 days PTO starting

Up to 12 paid company holidays

Paid Parental Leave of up to 10 weeks

Student Loan Assistance

Tuition Reimbursement

Job summary

archgroup is seeking an experienced professional for the Actuarial Reserving department in Asheville, NC. This role involves coordinating loss development, analyzing characteristics, and financial reporting.

The ideal candidate will have at least 10 years of Actuarial experience, with proficiency in quantitative and analytical skills. The position offers a competitive salary ranging from $133,752 to $200,000 annually, along with comprehensive benefits.

Qualifications

• 10 years of Actuarial experience.
• At least 5 Actuarial exams preferable.
• Excellent quantitative, analytical and problem-solving skills.

Responsibilities

• Coordinate and maintain detail loss development triangles for all lines of business.
• Develop and monitor multiple loss development factors.
• Become expert on one or more lines of business for reserving and annual assumption review.

Skills

Quantitative skills

Analytical skills

Problem-solving skills

Written communication

Verbal communication

MS Office proficiency

Programming knowledge (VBA, SQL)

Education

10 years of Actuarial experience

At least 5 Actuarial exams

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.

The position is in the Actuarial Reserving department. The employee would assist in reserving all lines of business, financial reporting, and special projects. Special projects include pattern reviews, line of business studies, retrocession submissions, and opportunities to improve processes. Frequent collaboration with underwriting, claims, legal, and finance departments would occur.

Responsibilities

• Coordinate and maintain detail loss development triangles for all lines of business
• Develop and monitor multiple loss development factors
• Become expert on one or more lines of business for reserving and annual assumption review
• Analyze loss characteristics
• Manage complex problems and develop innovative approaches without supervision
• Build and refurbish tools and models to streamline business processes and workflows
• Direct and complete large projects, utilizing resources from multiple disciplines
• Operate as an effective team member by supporting projects that support the broader actuarial team
• Support the centralized regulatory services group as needed for product initiatives and filings
• Preparing financial statements and reports
• Serve as liaison for groupwide strategy initiativesAssist in annual planning and budget process
• Help develop AI capabilities to improve process efficiency and sophistication
• Maintaining SOX control documentation

Qualifications

• 10 years of Actuarial experience
• At least 5 Actuarial exams preferable
• Excellent quantitative, analytical and problem-solving skills
• Strong verbal and written communication skills
• Proficiency in MS Office products
• Programming knowledge (VBA, SQL, or others) strongly preferable
• Ability to work efficiently independently and in a group setting
• Ability to manage time effectively, prioritize tasks, and consistently meet deadlines

This role is to be located in the Morristown, NJ office location.

$133,752 - $200,000/year

• 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.

• 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; and more. Click here to learn more on available benefits.

13100 Arch Reinsurance Company