AVP, Actuarial Pricing - Consumer Products

.AVP, Actuarial Pricing - Consumer Products page is loaded## AVP, Actuarial Pricing - Consumer Productstime type: Full timeposted on: Posted Todayjob requisition id: R26\_40With 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 role will have pricing responsibilities for Travel Insurance and Warranty & Lenders Services. Both lines are, unique and complex multi-line specialty products, with customized product design, unusual loss triggers and earnings patterns.**Responsibilities and Accountabilities:*** Working closely with underwriters to create individualized, creative deals* Presenting actuarial review of large pricing deals to business unit leaders.* Handling specialized contract and data quirks, like unusual earnings patterns and specialized coverages.* Business unit partnership – Working with the business unit to achieve their profitability and growth goals.* Tool building – Innovating/improving and maintaining tech-based tools used in pricing, and book monitoring.* Actuarial studies – Creating new approaches for analysis and research to improve pricing parameters and segmentation to better identify profitable opportunities.* Regulatory: Creating rate filings, and working with filings unit to file and gain regulatory approval* Monitoring and reporting - Reporting on key metrics and trends in the business and performing profitability studies.**Required Skills and Abilities:*** P&C actuarial qualifications: FCAS or ACAS preferred. Expect 7+ years. Will consider strong candidates with 4+.* Teammate: Strength and experience as a teacher, supportive peer, and contributor to a positive culture* Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity* Business acumen: market awareness, well-rounded insurance company and industry knowledge; curiosity and entrepreneurship.* Professionalism: both oral and written communication skills including presentations and marketing**Desired Skills and Abiltiies:*** Software skills: Excel, Word and PowerPoint expected; basic knowledge of Python, SQL and Power BI needed* Knowledge of US personal lines regulatory environment* Predictive Modeling or other programming skills* Ability to work with large datasets a plus* Catastrophe modeling a plus* Experience with Travel/Lenders Insurance a plusFor 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.For NYC, JC: $160,000 $200,000/year For Chicago, Hartford, St. Paul: $153,000 - $193,000 /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 to learn more on available benefits.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 to share your preferences directly with Arch’s Talent Acquisition team.14400 Arch Insurance Group Inc. #J-18808-Ljbffr