Actuarial Assistant

Jersey City, NJ, United States

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\xe2\x84\xa0.

We have multiple roles open across our teams, which are great for entry-level or analyst candidates. You will provide support to the actuarial team at Arch Insurance, a specialty P&C insurance company, working on fascinating and unique insurance products, and building valuable actuarial skills and experience.

  • Grow with us. Arch\xe2\x80\x99s premium has doubled in the past five years. Learn a broad variety of actuarial techniques while helping us expand current businesses and build new ones.
  • Lead research efforts to advance our sophistication and decision-making edge.
  • Start-up-esque potential, building & reimagining tool/application design/implementation.
Why work at Arch:
  • Opportunity: No experience minimums, or waiting your turn. Arch has a lot of opportunity because of our growth and entrepreneurialism, and many Arch actuaries have been promoted within current roles in recognition of outstanding performance.
  • Exam program: Up to $75k of raises available, and flexibility and support so you can study and pass.
  • Flat structure: You will collaborate with business unit personnel and senior actuarial executives with your insights influencing strategy.
Key Evaluation Criteria
  • Actuarial Assistants are at the beginning of their actuarial career, and is a great role to learn and build an actuarial foundation.
  • No experience necessary. Strong candidates will be able to demonstrate aptitude and interest in insurance, actuarial science, quantitative problem solving and actuarial exams.
  • Intellectual curiosity is highly valued within Arch\xe2\x80\x99s Actuarial department.
Education

Bachelors degree with a concentration in quantitative discipline such as actuarial science, statistics, computer science, mathematics, economics or operations research

Arch Insurance Group, part of Arch Capital Ltd, is a specialty insurer built around talent intensive businesses. We prioritize niche focus, underwriting expertise, flexibility, diversification and disciplined cycle management. We work creatively to provide new value and solutions to our clients and distribution partners. Arch highly values actuaries and actuarial expertise. Many senior executives and business unit leaders are actuaries by training. Learn more about Arch at

For individuals assigned or hired to work in Jersey City, New York City, Westchester County, California, and/or Colorado, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

61,498 - 110,262

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 range may be modified in the future

Click 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\xe2\x80\x99t the right fit but you\xe2\x80\x99re 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 to share your preferences directly with Arch\xe2\x80\x99s Talent Acquisition team.

Arch Capital Group

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Job Detail

  • Job Id
    JD4324054
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $75000 per year
  • Employment Status
    Permanent
  • Job Location
    Jersey City, NJ, United States
  • Education
    Not mentioned