This position will be responsible for leading cross-functional teams to research, recommend, develop, and implement strategic segment-level pricing initiatives for Arch US MI.  Ensures initiatives are thoroughly developed, tested, and compliant before they are implemented.  Sets segment-level prices appropriately to achieve profitability and risk goals while maintaining regulatory compliance.  Leads resources to monitor the market and competitor strategies to ensure pricing provides customers a fair price while exceeding shareholder goals.  Plans, directs, and facilitates all segmentation pricing from inception through introduction into the marketplace.

Essential Responsibilities and Accountabilities

1. Refines current rating plans to support growth in targeted customer segments.
2. Utilizes actuarial resources to understand the actuarial price of the risk.
3. Utilizes market intelligence and market tests to understand the market price of the risk.
4. Assesses third-party research, unstructured data, and structured analysis to understand customer segmentation.
5. Develops recommended strategic vision for pricing Arch US MI’s first lien mortgage insurance. Communicates recommendations to management.
6. Coordinates market research to understand the role pricing plays in the experience of our customers and obtains market intelligence by working directly with sales leaders and customers.
7. Manages cash flow analysis to understand the return levels and profitability across various segments.
8. Provides details of price level performance to Senior Management.
9. Key player on cross-functional price implementation teams. Ensures regulatory compliance of pricing strategies and of our framework for segmentation and pricing.
10. Partners with actuarial colleagues to research and make improvements to predictive models, analyses, and data sources.