Start your journey with usCincinnati Re is currently seeking an individual to join the analytics team to support treaty reinsurance pricing. Responsibilities include the actuarial pricing and modeling of individual transactions. 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 $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. 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
- meet externally with current and prospective clients
- participate in special projects as needed
Be equipped with:- 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 desired; such as general liability, auto, property, professional liability, surety, cyber, marine and energy lines.
- 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 based on experience, location, and ability 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).
- 4+ years of experience in commercial or specialty lines such as general liability, auto, property, professional lines, cyber, marine & energy
- 2+ years of experience in property/casualty reinsurance pricing preferred
Enhance your talentsProviding 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 amenitiesYour 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.