Cincinnati Financial Corp

Reinsurance - Pricing Actuary

Cincinnati Financial Corp$100K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 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 such as general liability, auto, property, professional liability, cyber, marine and energy
  • Self-motivated with strong collaborative skills
  • Excellent written and verbal communication skills
  • Strong project management and organizational skills
  • Availability for travel for both internal meetings and client locations

Responsibilities

  • Support evaluation and pricing of reinsurance opportunities
  • Perform actuarial pricing including experience and exposure rating
  • Conduct stochastic and financial modeling of transactions
  • Assist in development and maintenance of pricing models
  • Meet with current and prospective clients
  • Participate in special projects as needed

Benefits

  • Annual cash bonus and stock incentives based on performance
  • Tools and training for lifelong learning in the insurance field
  • Opportunities for professional development
  • Supportive company culture emphasizing strong service and relationships
  • Amenities to enhance associate well-being and job satisfaction
Full Job Description
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. The ideal candidate must have excellent communication, strong analytical skills, and the ability to work in a fast-paced environment. For candidates not located near our Fairfield, OH headquarters, this role may be designated as remote. Individuals in remote locations will be required to travel on a more frequent basis. The pay range for this position is $100,000.00 - $160,000.00 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 • work with the reinsurance underwriters to analyze contracts, develop loss costs, and quantify the impact of contract features • assess capital requirements and provide insights into key risk drivers to support strategic decision-making and financial planning • perform actuarial pricing, including experience rating and exposure rating of subject business • perform stochastic and financial modeling of transactions • assist in the development and maintenance of pricing models • meet externally with current and prospective clients • participate in special projects as needed • periodically travel to support business objectives, meetings, and events Be equipped with: • ability to independently manage priorities, take initiative, and drive success • demonstrated ability to collaborate effectively within cross-functional team • excellent written and verbal communication skills • strong organizational, time and project management experience • strong Excel and actuarial software proficiency • ability to interpret and communicate complex data to technical and non-technical audiences Bring education or experience from: • a bachelor's degree (required) • progress toward CAS designation required; candidates should be an actuarial student with advanced exam progress or a near-credentialed Property & Casualty actuary (ACAS/FCAS) • two or more years of experience in property/casualty reinsurance pricing (required) • two or more years of experience in commercial or specialty lines such as general liability, auto, property, professional lines, cyber, marine & energy (preferred) • experience with SQL Server and VBA (preferred)

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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