Arch Capital Group Ltd.

VP, Reserving Innovation & Data

Arch Capital Group Ltd.  •  $200k - $250k/yr  •  Jersey City, NJ (Hybrid)  •  15 days ago
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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 Reserving Innovation & Data team is an exciting new opportunity within the broader Reserving and Loss Analytics team at Arch. Its mission is to elevate how data and analytics are leveraged across Reserving. The team will serve as both a center of expertise and a catalyst for innovation, efficiency, and more sophisticated analytics across the entire Reserving team.

The VP, Reserving Innovation & Data, will play a critical role in shaping this function. They will provide technical strategic leadership, champion best data practices, and optimize resource utilization to deliver scalable, high-quality data/analytical solutions. They will be a key member of the Actuarial Reserving and Loss Analytics leadership team helping to advance our data and analytics capacities across the entire team. The VP will have the opportunity to drive the identification and evaluation of the needs of the Reserving team and craft the Reserving Innovation & Data team to elevate reserving innovation at Arch.

Job Responsibilities

  • Partner with Reserving leadership to define and execute a data and analytics strategy that enhances reserving insights, efficiency, and decision-making
  • Own data quality initiatives across the reserving department
  • Support enterprise-wide data initiatives
  • Own and develop strategies to improve the efficiency and analytics of the department as a whole, including ResQ implementation, Reserving process improvements, booking tool development and integration, and more
  • Serve as the primary liaison between Reserving and the IT, Enterprise Data, and related teams
  • Lead and mentor mid-level and junior team members to develop best-in-class solutions that solve complex business challenges in partnership with strategic stakeholders
  • Explore modern technologies and data sources with curiosity and creativity
  • Provide the appropriate documentation of sources and technical solutions
  • Prioritize competing priorities across portfolios and resources
  • Build strong partnerships with peers across the organization to support strategic goals
  • Continuously advance team capabilities and workflows

Required Skills/Experience

  • 10+ years Property and Casualty experience in Actuarial and/or data related functions
  • 5+ years managing a team

Desired Skills/Experience

  • Demonstrated experience building data expertise and tools to support analytics/research/actuarial functions in an insurance company setting
  • Strong proficiency with SQL as well as Python or other coding language
  • Experience with an orchestration tool like Airflow
  • Experience with cloud technologies like Snowflake
  • Ability to operate independently - managing tasks and engaging people across the team
  • Exceptional collaboration and relationship building skills
  • Comfortable handling ambiguous concepts and breaking down complex problems into manageable pieces
  • Strong data manipulation skills for analytics
  • Resilient problem solving and critical thinking skills
  • Exceptional verbal and written communication skills, with the ability to tailor messaging for technical and non-technical audiences, including senior executives
  • Flexibility - able to meet changing requirements and priorities

Education

  • College degree in Computer Science, Engineering, Statistics, Mathematics, Actuarial Science, Data Analytics, or equivalent

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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.

$200,000 - $250,000/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.

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.

14400 Arch Insurance Group Inc.

Arch Capital Group Ltd.

About Arch Capital Group Ltd.

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.

Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.

We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.

As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.

Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.

ATTENTION JOB SEEKERS

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.

Please know the following about our interviewing and hiring practices:

We never make job offers without a formal interview process. We never ask you to send money of any kind.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Bermuda (Pembroke, BM
Year Founded
Unknown
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