VP, IT Applications, Investment Services

Arch - Raleigh, NC (30+ days ago)4.2

The Company

Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.

The Position

The VP, IT Applications, Investment Systems will responsible for IT strategy and implementation in support of Arch Investment Management (AIM) including the product strategy, product roadmap development, and market delivery/operation of the product offerings. This position will report to the Chairman, GSO and the SVP, Chief Investment Services Officer. A successful candidate would be an experienced dynamic, multidimensional digital professional who is strategic, technologically savvy, and skilled in both product strategy and operational efficiencies.

Job Responsibilities

Understand the strategic direction of AIM and manage the technology applications and data integrations to enhance the operation of the business

Define requirements, test plans, and deployment plans in support of the investment group

Active in the design, planning, system selection, development and configuration, implementation, testing, and support
Prioritize, manage, and communicate plans for system capabilities and deployment

Work within the Information Technology (IT) group and manage service providers to implement the needs of the business

Function as IT project manager and business analyst

Communicate the status of projects and deliverables to individuals involved

Perform market research, market validation and whitespace analysis to identify new opportunities for existing and new features and functionality

Foster close relationships with key market constituents to validate product strategy and roadma

Deeply understand the business case for proposed products and initiatives in assigned business segment, including cost/benefit estimates, market trends, competitive and risk analysis, industry best practices and product development timelines

Desired Skills

Communication Skills:
Excellent interpersonal and communication skills, including strong listening skills
Ability to effectively communicate business and technical information to audiences with varying backgrounds
Ability to communicate with offshore teams and technical development teams
Ability to interact with senior management in a professional manner

Problem Solving Skills:
Collaborate with personnel from many departments to resolve issues
Work cross-functionally and think creatively, critically and strategically
Able to translate business needs into efficient technology solutions

Leadership Skills:
Ability to effectively plan, facilitate, and participate in meetings with employees from all organizational levels
Effectively use teamwork to contribute to a high-morale/high-performance team culture, leading by example
Effective team player and collaborator
Strong skills in prioritization and reprioritization to react to a dynamic environment as Arch continues to evolve
Results driven with the ability to work independently as a self-starter
Desired Education/Experience

Bachelor's Degree required
Investment management experience is required with 10+ years in the industry; direct experience with Risk, Performance Attribution, Accounting, Data Warehousing, Workflow and Reconciliation systems for Investment teams and asset manager is ideal
Experience with project management and/or implementation of system requirements based on changes in workflow or changes in business requirements
15+ years business analysis experience including writing detailed business plans and business cases with detailed scopes of work, business process reengineering, building test case scenarios and data quality initiatives for system integration projects
Prior experience with the suite of Blackrock Aladdin tools, Bloomberg and Clearwater is preferred