VP, Business Solutions Lead at Arch Capital Group in New Jersey

VP, Business Solutions Lead
Location: Home Base, NJ
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
Reporting to VP, Head of Business Solutions Product Management, this role is responsible for optimizing operations and technology across the customer/employee journey; they serve as the initiative owner for improvement and transformation initiatives to connect UW, Ops, IT, Data, and other functions and identify operational analytics across the enterprise.
RESPONSIBILITIES
Strategy and Planning:
Partner with Strategic Ops leaders, partners and key stakeholders to understand strategic priorities across the enterprise, analyze customer/employee journeys, and identify improvement opportunities
Identify Operational and Tech initiatives required to support UW across the enterprise
Partner with IT and various UW leaders across the enterprise to define the short- and long-term Ops and Tech roadmap
Incorporate Strategic Analytics capabilities into Operations workflows across the organization
Advise on transformation initiative prioritizations by providing an enterprise-wide perspective
Create business requirements and act as the glue between UW and IT
Bring market insights on leading practices to inform business priorities across the organization
Execution
Facilitate cross-functional transformation efforts by serving as an Initiative Owner
Lead implementation of technology and analytics-enabled workflows in collaboration with IT, SA, and other enabling functions as needed
Partner with IT and Lean Deployment Specialists to implement automation strategies and other technology-driven workflows
Partner with IT to review and provide feedback on IT value generation
Triangulation CoE
Participate in the development of the Triangulation COE muscle and position the CoE to act as the central point for people, process, tech and data to support enterprise-wide business objectives.
Engage in cross-functional problem-solving across IT, Data, Strategic Analytics, and other functions
KEY COMPETENCIES
Deep knowledge and ability to discern operational and tech implications of strategic business plans
Effective communication of enterprise strategy and operational plan to stakeholders and operational enablers across the org
Ability to engage IT and Business partners to deliver solutions that meet customer & business needs
Capacity to lead large-scale transformation efforts
Experience documenting strategic requirements and identifying opportunities to improve customer and employee journeys
Proven experience in the development of large scale commercial and specialty Underwriting Systems (DuckCreek, Guidewire, Unqork, UW Platforms, etc.) and demonstrated value creation and business outcomes
EDUCATION/CREDENTIALS
Bachelor’s Degree in related field
Minimum 10 years’ prior experience in Insurance Operations, Underwriting, Business Planning, IT, or other relevant role(s)
SKILLS
Excellent written and oral communication skills, including the ability to exert significant influence and present complex information to varying stakeholder groups
Must demonstrate proficiency in teamwork and interpersonal skills, communication, technical and organization, complex problem-solving and service skills
Must be a self-starter, demonstrate flexibility and adaptability
Proficiency with Unqork, Image Right, Policy Decisions Evolution and Policy Writer are a plus.
Familiarity with Process Mapping, Lean Process Improvement principles, and Agile frameworks
Experience partnering with IT development teams in Agile delivery & execution through software development lifecycle, Product Management and Agile/Scrum framework
Deep understanding of insurance product lifecycle
Certified Product Manager preferred.
Experience in consulting or working at large commercial insurers.
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$157,400 - $244,300/year
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 pay range may be modified in the future.
Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. 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.
14400 Arch Insurance Group Inc.