At a Glance
- Tasks: Lead the development of innovative digital trading algorithms and mentor a growing team of data scientists.
- Company: Join Arch, a collaborative company that inspires progress and enables possibilities.
- Benefits: Competitive salary, professional growth opportunities, and a dynamic work environment.
- Other info: Be part of a team that values creativity, teamwork, and innovative problem-solving.
- Why this job: Make a real impact in the insurance industry with cutting-edge analytics and algorithmic solutions.
- Qualifications: Experience in advanced analytics, coding skills in Python/SQL, and a degree in a quantitative field.
The predicted salary is between 80000 - 100000 £ per year.
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℠.
Strategic Analytics is a growing team at Arch that develops innovative analytics, algorithms and AI tools to improve profitability and growth as well as providing deep analytical insight to drive decision making. To be successful, we need to develop powerful algorithms, tools and insights that give Arch a unique, competitive advantage.
As Head of Digital Algorithms you will play a crucial role in developing and overseeing algorithmic solutions which support Arch’s digital trading capabilities. You will work closely with senior stakeholders in the digital function, business unit teams and within the wider strategic analytics team to design, build and monitor algorithms which underpin digital trading across Arch Insurance’s international business. You will work with and direct other data scientists and engineers to build best-in-class digital trading tools which combine creativity, statistical rigor and business context.
Key Tasks & Responsibilities- Lead day-to-day activities to design new and enhance existing digital trading algorithms.
- Guide, support, mentor and develop the work of a growing team of data scientists who will be supporting the development of digital trading capabilities.
- Work closely with business partners to understand existing approaches to underwriting and pricing and translate these into appropriate digital capabilities.
- Design and oversee the monitoring and continuous improvement of algorithmic performance.
- Discover, explore and analyse internal and external datasets for the purpose of developing appropriate digital trading algorithms.
- 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 execute on the priorities set by the Head of Digital.
- Help establish best practices and repeatable processes around digital algorithm development and maintenance.
- Provide thought leadership on new, innovative techniques, approaches and software.
- Deep knowledge of a broad range of London Market lines of business and trading environment.
- Data manipulation and analytical skills in languages such as Python and SQL. Knowledge of visualization tools such as PowerBI or Sigma is a plus.
- Familiarity with cloud-based platforms such as Databricks, Snowflake and Azure is an advantage, but not essential.
- Strong coding practices which support robust algorithmic development and deployment.
- Understanding of a range of pricing approaches as well as knowledge of advanced analytical tools.
- Effective task / project management and general organization skills.
- Excellent verbal and written communications skills; ability to convey complex concepts to technical and non-technical people across the organization as well as external partners.
- 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.
- Ability to apply critical thinking and creative problem-solving skills.
- Experience in advanced analytics roles, a significant portion of which should be in the insurance industry.
- Experience working in an analytical role within a London Market and / or digital environment is an advantage.
- Hands-on experience developing and deploying pricing models and / or trading algorithms in the London Market.
- Experience working closely with non-technical stakeholders, such as underwriting and IT.
- Degree in statistics, mathematics, computer science, engineering or similar quantitative fields; or significant experience in advanced data analytics.
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.
AVP, Head of Digital Algorithms employer: Arch Insurance
At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As the Head of Digital Algorithms, you will not only lead a talented team in developing cutting-edge digital trading solutions but also benefit from ample opportunities for professional growth and mentorship within a supportive environment. Located in the heart of London, you'll be part of a dynamic team that drives meaningful change in the insurance industry, making Arch an exceptional employer for those seeking impactful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land AVP, Head of Digital Algorithms
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! Create a portfolio or GitHub repository showcasing your projects, especially those related to algorithms and analytics. This gives you a chance to demonstrate your expertise beyond just a CV.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and problem-solving skills. Practice explaining complex concepts in simple terms, as you'll need to communicate effectively with both technical and non-technical stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you can set up job alerts to stay updated on new opportunities that match your skills.
We think you need these skills to ace AVP, Head of Digital Algorithms
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Head of Digital Algorithms role. Highlight your experience in developing algorithms and working with data, as well as any relevant tools you've used.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about digital algorithms and how your background makes you a great fit for our team. Be sure to mention specific projects or achievements that showcase your expertise.
Showcase Your Teamwork Skills:Since collaboration is key at Arch, emphasise your ability to work in cross-functional teams. Share examples of how you've successfully partnered with others to solve complex problems or drive projects forward.
Apply Through Our Website:We encourage you to apply directly through our website. This way, your application will be processed efficiently, and you'll have access to all the latest updates about your application status.
How to prepare for a job interview at Arch Insurance
✨Know Your Algorithms
Make sure you brush up on your knowledge of algorithms, especially those relevant to digital trading. Be prepared to discuss specific examples of algorithms you've developed or worked with, and how they improved business outcomes.
✨Showcase Your Team Spirit
Since collaboration is key in this role, think of examples where you've successfully worked in cross-functional teams. Highlight your ability to mentor others and how you've built strong partnerships in previous roles.
✨Communicate Complex Ideas Simply
Practice explaining complex concepts in a way that non-technical stakeholders can understand. This will demonstrate your communication skills and your ability to bridge the gap between technical and non-technical teams.
✨Prepare for Problem-Solving Questions
Expect to face questions that assess your critical thinking and problem-solving abilities. Prepare by thinking through past challenges you've faced in analytics and how you approached them, particularly in the insurance industry.
