Great American Insurance Group is hiring: Actuarial Analyst/Senior Actuarial Ana

Actuarial Analyst/Senior Actuarial Analyst - Great American Risk Solutions

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 with Excel, SQL, R, Snowflake, and 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.

Physical Requirements

• Requires prolonged sitting.
• Requires continuous use of computer.
• May lift, carry, push, or pull objects up to 10 lbs.
• Requires regular and predictable attendance (may be required to work in a physical office location).

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Analyst

Industries

• Insurance