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 innovation.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Be part of a talented team solving complex business problems in a supportive culture.
- Why this job: Make a real impact in the insurance industry with cutting-edge analytics and algorithms.
- Qualifications: Experience in advanced analytics, coding skills in Python/SQL, and a degree in a quantitative field.
The predicted salary is between 80000 - 120000 £ 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 PossibilitySM.
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.
VP, Digital Algorithms & Trading Leader in London employer: Arch
At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As the VP of Digital Algorithms & Trading Leader, you will not only lead a talented team in developing cutting-edge digital trading solutions but also benefit from extensive professional growth opportunities within a dynamic environment that values creativity and analytical excellence. Located in the heart of London, you'll enjoy the unique advantage of working in a vibrant city known for its financial prowess and diverse talent pool.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Digital Algorithms & Trading Leader in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Arch or have insights into the company culture. A friendly chat can open doors and give you an edge over other candidates.
✨Tip Number 2
Prepare for interviews by diving deep into Arch's digital trading strategies. Familiarise yourself with their algorithms and tools, and think about how your experience aligns with their goals. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After interviews or networking chats, send a quick thank-you note. It shows your enthusiasm and keeps you on their radar. Plus, it’s a great way to reiterate your interest in the role.
✨Tip Number 4
Keep an eye on our website for new openings and updates. If you see something that sparks your interest, don’t hesitate to apply! We’re always looking for innovative minds to join our team and help us enable possibility.
We think you need these skills to ace VP, Digital Algorithms & Trading Leader in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with digital algorithms and trading. We want to see how your skills align with our mission to enable possibility, so don’t hold back on showcasing your relevant achievements!
Showcase Your Technical Skills:Since this role involves a lot of data manipulation and algorithm development, be sure to mention your proficiency in Python, SQL, and any visualisation tools you’ve used. We love seeing candidates who can blend creativity with technical know-how!
Communicate Clearly:Your written communication skills are key! Make sure you convey complex concepts in a way that’s easy to understand. Remember, we’re looking for someone who can bridge the gap between technical and non-technical stakeholders.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you can easily set up job alerts for future opportunities!
How to prepare for a job interview at Arch
✨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 trading outcomes. This will show your technical expertise and understanding of the role.
✨Showcase Your Team Spirit
Since collaboration is key in this role, think of examples where you've successfully worked in cross-functional teams. Highlight how you’ve mentored others or built strong partnerships with business partners. This will demonstrate your ability to lead and support a growing team effectively.
✨Communicate Complex Ideas Simply
Practice explaining complex concepts in a way that’s easy to understand for non-technical stakeholders. You might be asked to do this during the interview, so having a few examples ready can help you shine. It shows you can bridge the gap between technical and non-technical teams.
✨Be Curious and Problem-Solving Minded
Prepare to discuss how you approach ambiguous problems and your thought process in breaking them down. Share instances where your curiosity led to innovative solutions. This aligns perfectly with the company culture of promoting progress and inspiring others.
