AVP, Strategic Analytics Services job in Jersey City

Jersey City, New Jersey - NJ Arch Capital Group

Job Ref:	R24_482
Employer:	Arch Capital Group
Sector:	P&C/General Insurance/Non-Life Reinsurance
Qualifications:	Unclassified
Software:	PowerBI Python R SQL
Job Type:	Full Time
Salary and Benefits:	$200,634 - $271,446
Remote:	Yes
Location
Country:	United States
State/Province/County:	New Jersey - NJ
City:	Jersey City
Post Code:	Not specified
Map:	(Show on map)
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℠. Job Summary Strategic Analytics is a growing team at Arch. The team develops innovative predictive models and analytical tools to improve profitability and growth. Advanced analytics techniques play a critical role in this mission. To be successful, we need to develop powerful models, tools and insights that give Arch a unique, competitive advantage. As AVP, Strategic Analytics, you will play a crucial role in developing the team's analytics capability. You will work on high-profile advanced analytics projects that drive the company's decision-making and strategy. You will work with key stakeholders to identify business challenges, implement analytics solutions, and monitor impact. You will direct a team of data scientists to build best-in-class predictive models with creativity, statistical rigor and business sense. As a key member of the Strategic Analytics team, you will advance our advanced analytics capabilities and shape how Arch thinks about data and analytics. Job Responsibilities Strategic Analytics is an implementation focused team; work to establish strong relationships with business partners to understand the problems they are trying to solve and work to implement the best-suited analytics solutions. Take analytics beyond model building; work hand-in-hand with business partners on a daily basis to solve challenges around profitability, growth and efficiency. Help develop solutions for a variety of commercial insurance lines of business including but not limited to property, general liability, professional liability, and commercial auto. Establish robust monitoring processes for implemented solutions and provide regular feedback to business partners. Work with a team of data scientists to build predictive models using advanced analytics techniques including GLM, text analytics, and machine learning. Develop powerful insights and tools using a variety of analytical techniques and technologies. Collaborate in cross-functional teams and share ideas to solve complex business problems. Build strong partnerships with peers across the organization to support project goals and broader team needs. Discover, explore, and analyze internal and external datasets for the purpose of developing advanced analytics models. Help establish best practices and repeatable processes for the Strategic Analytics team. Provide thought leadership on new innovative techniques, approaches, and software. Education and Experience 7+ years' experience in advanced analytics role in p/c insurance, preferably commercial lines. Track record of delivering significant business value from small or non-standard data sets. Proven hands-on experience developing generalized linear models in a commercial lines setting including loss ratio, frequency/severity, pure premium, claims modeling. Familiarity with a variety of other advanced analytics techniques is preferable, for example: decision trees, clustering, text mining, random forests, survival analysis, etc. Excellent verbal and written communications skills; ability to convey complex concepts to people across the organization. Ability to design, build and implement new modeling approaches. Exceptional teamwork skills required to play a key role in cross-functional teams. Ability to collaborate and build trusting relationships with business partners. Natural curiosity to understand the world around you and question as needed. Comfortable handling ambiguous concepts and breaking down complex problems into manageable pieces. Combines critical thinking and creative problem-solving skills. Demonstrable execution and organization skills - task management, time management and project management. Detailed understanding of statistical theory, predictive modeling, data mining and other advanced analytical techniques. Experience coding in Python, R or SQL. Knowledge of visualization tools such as PowerBI. Experience developing models in cloud-based tools in Azure such as Databricks, Snowflake, Github. Experience with cloud-based model deployment via MLOps. P/C commercial lines actuarial experience. Bachelor's degree in statistics, actuarial science, mathematics, engineering or similar quantitative fields; or significant experience in advanced data analytics. Actuarial designation is a plus. #LI LH1 For individuals assigned or hired to work in California, Colorado, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible. $200,634 - $271,446 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 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.

ref: (R24_482) 18 days ago

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AVP, Strategic Analytics Services job in Jersey City

Jersey City, New Jersey - NJ Arch Capital Group

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