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Position Overview:
The Assistant Vice President, Exposure Management will play an important Group-level role in the effective implementation, monitoring and reporting of Arch’s exposure risk management framework. The successful candidate will collaborate with global cross-functional and cross-organizational teams to estimate the financial impact of risk exposures for Arch Capital Group.
Key Responsibilities:
Risk Assessment and Monitoring:
- Calculate the Group’s exposures to risk aggregation including natural catastrophe PMLs, per named insured aggregations and other man-made catastrophic realistic disaster scenarios such as cyber, terrorism and credit risk by aggregating subsidiary-level information.
- Collaborate with underwriters and local experts to ensure Group exposure estimates align with the underlying portfolio.
- Challenge the current approaches and process to foster an environment of continuous improvement.
Risk Reporting and Communication:
- Prepare comprehensive quarterly risk reporting to executive management and the Arch Capital Group Board of Directors.
- Lead regulatory reporting processes related to exposure management including Bermuda solvency capital reporting and ratings agency data calls.
Project Management:
- Collaborate with relevant project teams to ensure the timely and successful implementation of risk management-related initiatives.
- Implement strategic process improvement for exposure management and reporting including transitioning excel-based process into database solutions.
Qualifications:
- Strong understanding of exposure management and reporting for a global non-life (re)insurer.
- Incumbent should have Bachelor's degree and a minimum of 7 years’ relevant experience in non-life insurance. Advanced degree or relevant certifications (e.g., CRM, CERA, CFA, CPA, CPCU, ARM) is a plus.
- Strong Excel, Python and SQL skills are required. Proficiency in PowerBI and working knowledge of catastrophe modeling output preferred.
- Demonstrated effective project management skills working across organizational boundaries.
- Effective communication and interpersonal skills to collaborate with diverse stakeholders.
- Ability to work productively both independently and as part of a decentralized team of risk professionals.
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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.
$148,600 - $201,000/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.
Click here to learn more on available benefits.
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10200 Arch Capital Services LLC
