Actuarial - Associate Actuary, Actuary I - II

The Cincinnati Insurance Companies

About the role

The Cincinnati Insurance Companies are seeking an Associate Actuary, Actuary I, or Actuary II for their Commercial Pricing Analytics department. This position is based at their Headquarters in Fairfield, Ohio.

Responsibilities

• Review pricing proposals for large commercial accounts
• Provide recommendations to underwriters
• Collaborate throughout the pricing and decision-making process
• Perform loss-sensitive pricing and collateral evaluation
• Maintain and enhance large account pricing tools
• Research and implement pricing improvements, including construction of multi-variate pricing models
• Enhance business unit reporting by distilling and communicating key findings
• Build tools to enhance business unit productivity
• Perform ad-hoc analyses

Requirements

• Robust SQL experience (preferred)
• Strong SAS experience (preferred)
• Proficiency in Excel VBA (preferred)
• Basic Python experience, including pandas/NumPy, Excel/file system manipulation, and generalized linear models (preferred)
• Experience with penalized regression models (preferred)
• Excellent communication, interpersonal, and organizational skills

Qualifications

• A bachelor's degree or higher in actuarial science, mathematics, statistics, physics, economics, or a similar technical field of study (required)
• Business coursework (preferred)
• Four or more years of P&C actuarial experience (required)
• Commercial pricing experience (preferred)
• An ACAS designation (required)
• An FCAS designation (preferred)

Skills

• SQL experience
• SAS experience
• Excel VBA proficiency
• Python experience (including pandas/NumPy, Excel/file system manipulation, and generalized linear models)
• Experience with penalized regression models

Benefits

• Annual cash bonus
• Stock incentives based on company and individual performance

Pay

The pay range for this position is $110,000 - $180,000.00 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills, and abilities.

Schedule

The position is based at the Cincinnati Insurance Companies' Headquarters in Fairfield, Ohio.