Actuarial Analyst - Senior Actuarial Analyst

Title: Actuarial Analyst/Senior Actuarial Analyst - Great American Risk Solutions

Location: Cincinnati, OH United States

Work Type: Hybrid, Full Time

Job ID:R7958

Job Description:

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American Risk Solutions is hiring for an Actuarial Analyst/Senior Actuarial Analyst to join their team! Risk Solutions writes a broad range of commercial insurance products in the Excess & Surplus space. The Actuarial team plays an integral part in developing and improving rating models and ensuring rate adequacy across the division's business.

This position is located in our Cincinnati, OH office and will work on a hybrid schedule. Remote applicants may be considered depending on experience level.

Essential Job Functions and Responsibilities

• Assist in developing and maintaining pricing models to support risk assessment and pricing strategies.

• Query and aggregate data to assess the profitability of our various business segments and provide preliminary insights to support decision-making.

• Collaborate with underwriting to implement new rates and rating algorithms.

• Assist in data preparation for reinsurance treaty renewals.

• Prepare clear and concise actuarial reports, focusing on accuracy and effective communication.

• Participate in cross-functional projects and contribute foundational actuarial knowledge.

• May identify opportunities for process improvements and assist with implementing changes to enhance efficiency and accuracy.

• Assist with presentations of actuarial concepts and results to non-technical audiences.

• Provide other analytical consultation as assigned.

Job Requirements

• Education: Bachelor's degree in Mathematics, Statistics, Actuarial Science or a related field.

• Experience: Generally, three years or less of actuarial experience. Has passed 1 or more exams toward Associateship in the Casualty Actuarial Society (ACAS). Experience w/ Excel, SQL, R, Snowflake, & Python is preferred.

• Scope of Job/Qualifications: Works on assignments of low to moderate technical complexity and variety. Proficient in various actuarial techniques and develops the capability to determine the most suitable method for each specific situation. Strong analytical skills with the ability to use data to inform decisions. Demonstrates interpersonal and communication skills, with the ability to work collaboratively in a fast-paced environment and across departments. Develops and maintains knowledge of changes in regulations and industry trends and participates in professional development activities to stay current with actuarial best practices. To advance within the actuary track, continued eligibility in the Actuarial Student Program and ongoing progress toward Fellowship are expected.

Business Unit:

Great American Risk Solutions

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.