Associate Actuary/Senior Associate Actuary
Great American Insurance Group · Cincinnati, OH · 3 days ago
Full-time
Essential Job Functions and Responsibilities
- Evaluates pricing and profitability for individual business segments.
- Analyzes excess layer pricing and profitability of captive contracts; manages captive collateral requirements.
- Performs due diligence analyses for new business opportunities and provides feasibility recommendations.
- Initiates and performs research to identify trends, issues, and actionable insights.
- Produces clear and concise actuarial reports that effectively communicate findings and recommendations.
- Collaborates with underwriting, marketing, and product teams to provide actuarial support.
- Participates in cross-functional projects and contributes actuarial expertise.
- May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
- Performs other duties as assigned.
Job Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field.
- Generally, a minimum of 4-7 years of actuarial experience.
- Has attained an Associateship and typically is completing additional coursework toward Fellowship in the Casualty Actuarial Society (FCAS).
- Experienced in the development of rates, pricing strategies, reserve estimates, and/or predictive models.
- Advanced analytical skills with the ability to use data to inform decisions.
- Demonstrates excellent interpersonal and communication skills.
Qualifications
- Advanced degree in Actuarial Science, Mathematics, Statistics or a related field preferred.
- Experience in the insurance industry preferred.
- Knowledge of actuarial principles and practices.
- Strong problem-solving and decision-making skills.
- Excellent written and verbal communication skills.
Skills
- Actuarial software proficiency (e.g., Excel, SAS, R).
- Statistical analysis and modeling skills.
- Ability to manage multiple tasks and priorities.
- Strong attention to detail.
Benefits
- Competitive benefits packages including medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement.
- Paid time off and paid holidays.
- 401(k) plan with company match.
- Employee stock purchase plan.
- Commuter benefits.
Pay
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process.
Schedule
Employees are expected to be on-site four days a week (Tuesday-Thursday) in the Cincinnati, OH office, with the flexibility to work one day remotely.