AVP, Reserving & Loss Analytics

Arch Insurance Group Inc. Provides Pay Range

This range is provided by Arch Insurance Group Inc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

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℠. This leadership role will own reserving and loss analytics and results management for the Programs’ book of business as well as lead multiple key processes across the Reserving and Loss Analytics department.

The role requires a comprehensive line of business focus (Auto, GL, Prop, and WC) as well as a close partnership with Pricing and Underwriting on industry trends, underwriting actions, and more. This role is a unique opportunity to enhance the loss analytics of the highly visible Programs’ book and drive improvements and efficiencies across the Reserving and Loss Analytics organization.

• Own Reserving and Loss Analytics for the highly visible Programs’ book of business
• Work collaboratively with underwriting, pricing, claims and finance to develop a common view of the business. Identify emerging trends that could impact results and propose corrective action in a timely manner.
• Lead projects across the Reserving & Loss Analytics Team and get work done in collaboration with others.
• Provide proactive insights, identify the drivers and ensure that the reserve analyses reflect any changes in the portfolio to minimize volatility and avoid surprises.
• Apply innovative approaches and leading‑edge tools to analyze the business. Seek opportunities to leverage advanced analytics to provide greater insights. Ensure the quality of the data and its consistent application in the reserving process.
• Prioritize work to ensure the reserving and loss analytics function delivers analyses of greatest benefit to the organization.
• Assume an active leadership role within Arch’s actuarial community and keep abreast of new reserving methodologies, trends and external issues.

• Minimum 10 years’ experience in progressively complex actuarial roles within the property and casualty insurance industry
• Minimum 5 years’ experience within a Reserving function
• Associate or Fellow of the Casualty Actuarial Society
• Leadership experience as a teacher, manager, peer, leader and contributor to a positive culture
• Strong analytical and quantitative skills, theoretical foundation, work quality, productivity, creativity and ingenuity
• Software skills:
  Excel (expert), Word, PowerPoint, SQL (expert), Power BI (preferred), database and programming skills, Snowflake knowledge (preferred), Python knowledge (preferred)
• Self‑sufficient with competence to progress and build comprehensive reserving models and analytic solutions
• Excellent verbal and written communication skills; able to communicate complex technical concepts to a wide range of audiences including executive leadership and the board
• Proven expertise leading and developing actuarial teams; experience developing high‑performing teams with strong technical skills and business acumen
• Experience presenting to executive management and external stakeholders
• Demonstrated experience providing proactive guidance and sought‑out insights to business leaders and executive management

For individuals assigned or hired to work in the indicated locations, the base salary range is as posted. Position is incentive eligible.

• Locations and base salary ranges:
  • NYC/JC: $160,000 - $200,000/year
  • Chicago/Hartford/St. Paul: $153,000 - $193,000/year
• Total individual compensation (base salary, short & long‑term incentives) will consider factors such as geographic location, scope & responsibilities, qualifications, talent availability & specialization, and business needs. The above pay range may be modified in the future.

• Comprehensive benefits package including multiple medical plans plus dental, vision and prescription drug coverage; competitive 401(k) 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 Off; basic Life and AD&D Insurance;
  Short and Long‑Term Disability;
  Paid Parental Leave up to 10 weeks;
  Student Loan Assistance and Tuition Reimbursement;
  Backup Child and Elder Care; and more.

Executive

Full‑time

Administrative