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Reinsurance - Pricing Actuary job in Fairfield

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Fairfield, Ohio - OH The Cincinnati Insurance Companies

Job Ref:  2400298
Employer:  The Cincinnati Insurance Companies
Sector:  Life Insurance
P&C/General Insurance/Non-Life
Professional/Financial Services
Qualifications:  Part Qualified Actuary
Fully Qualified Actuary
Software:  Excel
SQL
VBA
Job Type:  Full Time
Salary and Benefits:  $75,000 - $140,000 per year
Remote:  No

Location

Country:  United States
State/Province/County:  Ohio - OH
City:  Fairfield
Post Code:  Not specified
Map: 

Description

Build your future with us

Cincinnati Re is currently seeking an individual to join the analytics team to support treaty reinsurance pricing. A strong quantitative and property/casualty reinsurance background is required. Candidate must have excellent communication, strong project management and analytical skills, and the ability to work in a fast-paced environment.

The pay range for this position is $75,000.00 - $140,000.00 annually. The pay determination is based on the applicant's education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to:
  • support the evaluation and pricing of reinsurance opportunities. This includes working with the 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


Be equipped with:
  • must be motivated, self-directed, and have the ability 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)
Desired Skills:
  • high proficiency using Microsoft Excel, experience with SQL Server and VBA a plus
Location:
  • preferably in Cincinnati, OH
  • may also consider remote location, provided candidate is able to travel for internal and external meetings
Bring education or experience from:
  • a bachelor's degree
  • actuarial student or near-credentialed property and casualty actuary (ACAS or FCAS).
  • 5+ years of experience in commercial lines such as general liability, auto, property and professional lines
  • 2+ years of experience in property/casualty reinsurance pricing preferred
Enjoy benefits and amenities

Your commitment to providing strong service, sharing best practices, and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.

Embrace a diverse team

As a relationship-based organization, we welcome and value a diverse workforce. We provide equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. Learn More.
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