Actuarial Analyst

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 position is in the Actuarial Reserving department. The employee would assist in reserving all lines of business, financial reporting, and special projects. Special projects include pattern reviews, line of business studies, retrocession submissions, and opportunities to improve processes. Frequent collaboration with underwriting, claims, legal, and finance departments would occur.ResponsibilitiesCoordinate and maintain detail loss development triangles for all lines of businessDevelop and monitor multiple loss development factorsAnalyze loss characteristicsSolve complex problems and develop innovative approaches with minimal supervisionBuild and refurbish tools and models to streamline business processes and workflowsDirect and complete large projects, utilizing resources from multiple disciplinesOperate as an effective team member by supporting projects that support the broader actuarial teamSupport the centralized regulatory services group as needed for product initiatives and filingsPreparing financial statements and reports and management reportsSupport group strategy initiativesAssist in annual planning and budget processHelp develop AI capabilities to improve process efficiency and sophisticationMaintaining SOX control documentationQualifications3-5 years of Actuarial experienceAt least 3 Actuarial exams preferableExcellent quantitative, analytical and problem-solving skillsStrong verbal and written communication skillsProficiency in MS Office productsProgramming knowledge (VBA, SQL, or others) strongly preferable Ability to work efficiently independently and in a group settingAbility to manage time effectively, prioritize tasks, and consistently meet deadlinesThis role is to be located in the Morristown, NJ office location.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.$100,000 - $134,000/yearTotal 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.13100 Arch Reinsurance Company