AVP, Exposure Risk Management Specialist
AVP, Exposure Risk Management Specialist
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$ 148600 - 201000
1 Vacancy
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.
Position Overview:
The Assistant Vice President Exposure Management will play an important Group-level role in the effective implementation monitoring and reporting of Archs 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 Groups 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 Bachelors 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.
$148600 - $201000/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.
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 isnt the right fit but youre 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 Archs Talent Acquisition team.
10200 Arch Capital Services LLCRequired Experience:
Exec
Employment Type
Full-Time
