Actuarial Analyst at Arch Insurance Group Inc. | New South Wales | Rezi

Actuarial Analyst at Arch Insurance Group Inc.

Actuarial Analyst

Arch Insurance Group Inc. · New South Wales

3 weeks ago

Actuarial Analyst

Arch Insurance Group Inc. · New South Wales

23 days ago
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About the Role

The Actuarial Analyst works closely with the Senior Actuary, assisting the Underwriting Team with the analysis and interpretation of numbers and reports. This role is responsible for understanding, maintaining, and developing pricing models and the in-house Dashboard MI system.

Responsibilities

  • Provide ad hoc reports or data downloads.
  • Explain analytical reports to underwriters/management.
  • Assist with the continued evolution of data analytics capability within the product and pricing area to improve business performance.
  • Conduct monthly monitoring of portfolio performance report and exception accounts monitoring.
  • Development and maintenance of benchmark models (exposure rating).
  • Provide support for large account pricing (experience rating).
  • Performing Technical Pricing analysis under supervision of the pricing leader.
  • Occasionally support Senior Actuary in quarterly reserving.
  • Develop portfolio analysis dashboard in PowerBI or StreamLit.
  • Provide dashboard training to users.
  • Collaborate effectively with other business units.
  • Adhere to company’s policies, procedures and local guidance as well as to the legislation.
  • Other reasonable duties as directed by the business, within the scope of the role.

Requirements

  • Ability to solve problems and be inquisitive.
  • Ability to work independently efficiently and as part of a team.
  • Personable and able to communicate clearly at all levels within the organisation.
  • Sound analytical skills with the ability to prioritise while maintaining an attention to detail.
  • Minimum 1-3 years insurance/Actuarial experience.
  • Strong graduates would be considered.

Skills

  • Microsoft office package
  • Excel (including VBA)
  • SQL
  • PowerBi
  • Python
  • R
  • Emblem

Location

  • Sydney

Work Type

  • Permanent

Experience Level

  • 1-3 years

Education Level

  • Actuarial bachelor degree or related studies
  • Actuarial student or intending to take Actuarial exams

About the Company

  • Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis.
  • With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.