Jersey City NJ

Part Qualified

Property & Casualty

Coding

Pricing

Excel

<div>Arch Capital Group is a global leader in providing specialty insurance, reinsurance, and mortgage insurance solutions. They focus on risk management, innovation and value creation, offering unique market opportunities. Actuaries at Arch Capital Group are involved in sophisticated risk analysis and pricing, contributing to the company's strategic approach to underwriting and financial stability.</div>

Arch Capital Group

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. This position is intended for a candidate seeking growth opportunity in a dynamic organization.The Actuarial Assistant is responsible for providing actuarial support to the Actuarial Pricing unit, including but not limited to: rate filings, model testing, actuarial report production, data calls, database management, and basic analysis. Some actuarial experience, preferably in pricing, is preferred but not required. This position reports to the Associate Actuary who will provide general supervision, but project work will be done for multiple actuaries throughout the Actuarial Pricing unit.The Actuarial Assistant will also be part of the company's Early Career Program. The Early Career Program Actuarial Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career with a world-wide insurance leader. During the one-year program, Actuarial Assistants receive specialized training that can position them for career advancement and valuable industry certifications.Job ResponsibilitiesAs the Actuarial Assistant develops skills and gains experience, on-the-job responsibilities will include but are not limited to:<ul><li>Provide general support and assist US Actuarial Pricing team;</li><li>Understanding of insurance and actuarial concepts and methodologies;</li><li>Strong analytical, database, and spreadsheet skills;</li><li>Detail-oriented and organized, with focus on documentation;</li><li>Good written, oral, and interpersonal communication skills;</li><li>Able to perform independently and meet deadlines, with guidance from supervisor.</li></ul>Required Skills<ul><li>In addition to knowledge of mathematics, minimum qualifications include Excel skills to develop and use spreadsheets and databases.</li><li>Knowledge of computer programming languages, such as Visual Basic for Applications, Access, SAS, or SQL is a plus.</li></ul>Required Education<ul><li>Bachelor's Degree in Mathematics, Actuarial Science, or an equivalent field.</li></ul>For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Position is incentive eligible. $73,800 - $95,800/year.<ul><li>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.</li></ul>Do you like solving complex business problems, working with talented colleagues, and have an innovative mindset? Arch may be a great fit for you.

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