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℠.

Join our growing European Mortgage team and play a key role in pricing and underwriting high impact  risk transfer solutions (Significant Risk Transfer, SRT) for leading European Banks in respect of mortgages and other loans. The team in Ireland is expanding quickly in line with the growing mortgage insurance segment. The Actuarial Analyst will work with a team of c.10 experienced mid-level and senior actuaries and insurance professionals.

The Actuarial Analyst will gain experience in a broad range of actuarial activities including:

• Pricing new transactions
• Underwriting new transactions
• Portfolio reporting (in-force portfolio)
• Capital management

Essential Responsibilities and Accountabilities

Contribute to the development of underwriting memos for new transactions:

• Estimate probability of default (frequency) and loss given default (severity) in respect of loan portfolios for use in internal pricing models.
• Understand the tranching / structuring of transactions and ensure they are reflected in internal pricing models.
• Review and document the characteristics (composition analysis) of loan portfolios on potential transactions.

Develop understanding of different capital regimes – regulatory, rating agency and economic. Perform quarterly portfolio analysis and deliver insights to stakeholders. Assist in providing analyses to support financial reporting / planning. Stay informed of trends in European banking industry and SRT market.

Knowledge & Skills:

Bachelor's degree in an actuarial or mathematical discipline. Successful progress made in actuarial exams and a commitment to continue studying to complete actuarial exams. Strong mathematical skills, analytical and problem-solving ability. Attention to detail. Strong written communication skills. Ability to synthesize and clearly present findings to stakeholders. Interest in mortgage insurance / credit risk. Prior Excel experience. Data analytics / programming skills, not essential though would be considered advantageous.

Working Conditions / Environment & Physical Demands:

• Current company guidelines allow a combination of working from home and working within a normal office environment within Arch’s Dublin office.
• Reasonable accommodation will be made to enable qualified individuals with disabilities to perform the essential functions of the job.
• Occasional travel may be required.

An attractive remuneration package and study support package will be offered to the successful candidate.

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.

13000 Arch Underwriters Europe Limited