Full Job Description
The Cincinnati Insurance Companies' Commercial Pricing Analytics department has an opening for an associate actuary, actuary I, or actuary II in large commercial account pricing. This position is based at our Headquarters in Fairfield, Ohio.
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. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
Be ready to:
• review pricing proposals for large commercial accounts, provide recommendations to underwriters and 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
Be equipped with:
• 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 organization skills
Bring education or experience from:
• a bachelor's degree or higher in actuarial science, mathematics, statistics, physics, economics or a similar technical field of study (required)
• an ACAS designation (required)
• business coursework (preferred)
• four or more years of P&C actuarial experience (required) and commercial pricing experience (strongly preferred)
• an FCAS designation (preferred)
Enhance your talents
Providing outstanding service and developing 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.
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.
Embrace a diverse team