Cincinnati Financial Corp

Planning Analytics & Risk Management - Predictive Modeler

Cincinnati Financial Corp$120K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong analytical and technical skills, including coding proficiency in SAS, Excel, Python, R, or similar tools.
  • Experience with insurance data or other large datasets.
  • Knowledge of predictive modeling methodologies and best practices in model development.
  • Experience applying statistical or machine learning techniques to business problem solving.
  • Effective communication skills, both written and oral, for reporting and stakeholder interaction.
  • Bachelor’s degree in mathematics, statistics, economics, physics, engineering, or related field (required).
  • Three or more years of property and casualty actuarial or modeling experience (preferred).

Responsibilities

  • Develop and maintain multivariate underwriting models for business insurance.
  • Implement statistical and machine-learning models for claims management.
  • Create tools for assessing and monitoring predictive models.
  • Conduct studies analyzing profitability and growth.
  • Research to identify innovative models for insurance pricing and underwriting.
  • Coordinate with departments including Commercial Lines, Personal Lines, Claims, and IT.

Benefits

  • Comprehensive benefits package promoting employee well-being and satisfaction.
  • Lifelong learning environment with tools and training for career success.
  • Emphasis on building strong relationships with independent agents.
  • Support for professional development, including ACAS or FCAS designation pathways.
  • Diversity and inclusion within a collaborative team atmosphere.
Full Job Description
Our commercial & operations modeling department is currently seeking an experienced predictive modeler. This role is responsible for developing and maintaining multivariate underwriting models that analyzing multiple risk factors simultaneously, enabling more accurate assessment, pricing, and selection of insurance risks while improving profitability and portfolio performance. This position is based at our Headquarters in Fairfield, Ohio. The pay range for this position is $120,000 - $200,000 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: • develop and maintain multivariate underwriting models for business insurance • develop and implement multivariate statistical and machine-learning models for claims management • develop and maintain tools for assessment and monitoring of predictive models • develop analytic studies of profitability and growth • conduct research leading to potentially useful models for insurance pricing, underwriting, and claims • interact with several departments within the company, including Commercial Lines, Personal Lines, Claims, and IT Be equipped with: • strong analytical and technical skills, including coding, and use of tools such as SAS, Excel, Python, R or other statistical software tools • experience working with insurance data or other large datasets • knowledge of predictive modeling methodologies and model development best practices • practice in applying statistical, machine learning, predictive modeling, or analytical techniques to solve business problems • effective written, verbal, and presentation skills, with the ability to communicate actuarial analyses through reports, charts, and stakeholder discussions Bring education and experience from: • a bachelor's degree in mathematics, statistics, economics, physics, engineering, actuarial science, or some other related field (required) • three or more years of property and casualty actuarial or modeling experience (preferred) • a master's or PhD in a quantitative field of study (preferred) • ACAS or FCAS designation, or commitment to attaining the FCAS designation 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

About Cincinnati Financial Corp

Cincinnati Financial Corporation is a property casualty insurance company that primarily operates in the Midwest and Southeastern regions of the United States. The company offers a wide range of insurance products, including personal, commercial, and life insurance. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio. The company has a strong financial position and has consistently paid dividends for over 60 years. Cincinnati Financial Corporation is committed to providing excellent customer service and has received numerous awards for its claims handling and customer satisfaction.
Learn more about Cincinnati Financial Corp
Size
5,166 employees
Market Cap
$16.5 billion
Industry
Net Income
$1.2 billion
Founded
1950
5 Year Trend
+12.1%
Revenue
$7.5 billion
NASDAQ

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