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Vice President, Group Actuarial

Vice President, Group Actuarial

Arch Capital Group Ltd.City of White Plains, NY, United States
3 days ago
Job type
  • Full-time
Job description

Join to apply for the VP, Actuary - Financial Reporting role at Arch Capital Group Ltd.

Overview

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

Base pay range

$212,000.00 / yr - $260,000.00 / 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℠.

Position Summary

Collaborative VP, Actuary - Financial Reporting to lead key actuarial processes, data analysis, and reporting initiatives. This role will act as a technical and strategic partner across actuarial reserving, regulatory reporting, and data governance. The ideal candidate will possess strong analytical skills, experience in reserve analysis, and a firm grasp of tools such as Power BI, SQL, and Excel, while also providing mentorship to junior team members.

Responsibilities And Accountabilities

  • Lead 1st-level reserve consolidation review, ensuring accuracy and proactively identifying data issues; collaborate with junior team members to implement necessary corrections.
  • Review information reported externally (e.g. 10-Q / K, etc.) for accuracy and completeness.
  • Technical Provisions lead, ensuring accurate calculations and process improvement.
  • Contribute to actuarial opinion development and Bermuda Monetary Authority (BMA) regulatory filing support.
  • Support development of Group Actuarial Reporting Database by acting as subject matter expert in financial reporting and offering solutions to roadblocks.
  • Support external actuarial annual reviews, acting as a liaison and data expert.
  • Support the creation of Audit Committee presentations and quarterly exhibits for earnings call, including ad hoc analysis in quarter.
  • Migrate Excel-based financial reporting to Power BI with IT support.
  • Act as business subject matter expert for data cataloguing and stewardship, sharing responsibility with other team members.

Required Skills And Abilities

The successful candidate will have demonstrated ability with reserving, financial reporting, or data-driven actuarial functions and knowledge of Property and Casualty insurance and / or reinsurance ("P&C") and / or Mortgage Insurance.

  • FCAS preferred, will consider career ACAS with strong prior experience;
  • 12+ years of experience in (re)insurance actuarial functions;
  • Proven experience in actuarial analysis and technical data oversight;
  • Detail-oriented with a focus on data quality and process improvement;
  • Comfortable navigating between strategic thinking and hands-on execution;
  • Proficiency in advanced Excel, PowerBI, and SQL;
  • Understanding of US GAAP financial reporting and / or BMA regulatory reporting;
  • Effective communicator on cross-function teams.
  • Desired Skills And Abilities

  • Experience in data management, risk management, or reserving functions;
  • Experience with Python;
  • Familiarity with Collibra or other data intelligence platform;
  • Location is White Plains, NY office hybrid in-office 2 days / week.
  • Additional Information

  • 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.
  • $212,000 - $260,000 / year
  • 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.
  • Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert. Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

    10200 Arch Capital Services LLC

    Seniority level

  • Executive
  • Employment type

  • Full-time
  • Job function

  • Accounting / Auditing and Finance
  • Note : Referrals increase your chances of interviewing at Arch Capital Group Ltd. by 2x

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    Vice President • City of White Plains, NY, United States

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