Reinsurance - Pricing Actuary

Responsibilities

• Support the evaluation and pricing of reinsurance opportunities.
• Work with reinsurance underwriters to analyze contracts, develop loss costs, quantify the impact of contract features, ascertain capital requirements, and provide an understanding of the key risk drivers.
• Perform actuarial pricing including experience rating and exposure rating of subject business.
• Perform stochastic and financial modeling of transactions.
• Provide assistance in the development and maintenance of pricing models.
• Close collaboration with members of the broader reinsurance team.
• Meet externally with current and prospective clients.
• Participate in special projects as needed.

Requirements

• Actuarial student or credentialed property and casualty actuary (ACAS or FCAS).
• 2+ years of experience in property/casualty reinsurance pricing.
• 4+ years of experience in commercial or specialty lines pricing desired; such as general liability, auto, property, professional liability, surety, cyber, marine and energy lines.
• Motivated, self-directed, and able to work in a collaborative team environment.
• Excellent written and verbal communication skills.
• Strong organizational, time and project management experience.
• Availability for travel for internal meetings (4-8 trips per year).
• Availability for travel to meetings at client locations (2-6 trips per year).
• High proficiency using Microsoft Excel, experience with SQL Server and VBA a plus.

Qualifications

You have earned a bachelor's degree.

Skills

Actuarial student or credentialed property and casualty actuary (ACAS or FCAS).

Benefits

Enhance your talents. Provide outstanding service and develop strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.

To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities.