American Modern Insurance Group
Associate Actuary (ACAS)
American Modern Insurance Group – Location: Remote candidates in Eastern Time Zone (Hybrid for local candidates; 40‑50% in Amelia, OH). Exempt position.
Recruiter: Sonya Fischesser is the contact.
(Applicants requiring employer sponsorship of a visa will not be considered.)
Purpose Manage/direct the development, analysis, evaluation and modeling of potential solutions to support the company’s financial profitability and production goals. Act as a high‑level technical expert, lead actuarial and predictive model projects, and provide strategic direction to management and corporate areas.
Roles & Responsibilities
Complete actuarial and/or predictive modeling analyses appropriate for the functional area, including rate filings, ultimate loss projections, pricing studies, risk capital modeling, portfolio analysis, and research projects. Lead projects requiring multiple resources, including those who are not direct reports.
Direct the modification and enhancement of existing applications to address specific issues and prioritize the use of actuarial and predictive modeling resources.
Direct completion of required data preparation, identify complex data and operational issues requiring specialized actuarial attention, and take action to resolve them.
Manage and/or lead communication, documentation and coordination of information, resolution of technical issues, and activities between actuarial departments and internal & external colleagues (business units, IT, etc.).
Lead the development of new methodologies, products and procedures for American Modern and maintain current knowledge of trends and products in the reinsurance industries.
Peer‑review technical actuarial and/or predictive modeling work, provide constructive feedback, and coach less experienced employees.
Participate or lead training of others (underwriters, product analysts, accountants, actuaries, claims associates) on the use of models/studies/reviews and the interpretation of the results.
Manage the work for those who are not direct reports, including other actuaries, predictive modelers, programmers and support staff.
Prepare for and pass Actuarial Exams; attain continuing education per the US Qualification Standard issued by the American Academy of Actuaries.
Ensure all work and work products adhere to applicable Actuarial Standards of Practice.
Maintain an expert level of technical actuarial and statistical skills and concepts; adapt to varying products and dynamics and share knowledge with others.
Demonstrate judgment and problem‑solving skills to address complex high‑profile issues.
Required Technical Skills Proficient with MS Office Suite and actuarial software used for reserving, ratemaking, pricing, modeling stochastic distributions or data analysis.
Skills / Knowledge / Experience Generally, six (6) or more years of (re)insurance/actuarial experience is required to manage or direct the development, analysis, evaluation and modeling of potential solutions and to act as a high‑level technical expert.
Pricing Experience Preferred Experience in pricing is preferred.
Education, Certifications & Designations
Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related field requiring modeling, programming, or quantitative analysis.
Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS).
Membership in the American Academy Of Actuaries (MAAA).
Benefits We offer the following benefits to employees, domestic partners and children:
Health insurance – PPO or High Deductible plans.
Prescription drug coverage; vision and dental insurance plans.
Short‑ and long‑term disability coverage.
Supplemental life, AD&D and voluntary benefit plans.
Robust 401(k) plan with up to 5% employer match; retirement savings plan fully funded by the company.
Paid time off starting at 24 days per year.
Yearly bonus as a Munich Re employee.
Health and wellness programs at no cost.
Hybrid work environment.
On‑site cafeteria, coffee shop, workout facility and walking trails.
On‑site wellness center with a nurse practitioner.
Financial assistance for adoptions and infertility treatments.
Paid time off for family care and volunteer opportunities.
Tuition assistance and educational achievement bonuses.
Free parking; corporate matching gifts program.
Workplace Culture At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to challenges and opportunities. We aim to foster an inclusive culture and a workforce that reflects our customers and communities.
We are an equal‑opportunity employer. Reasonable accommodations may be made for individuals with disabilities.
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Recruiter: Sonya Fischesser is the contact.
(Applicants requiring employer sponsorship of a visa will not be considered.)
Purpose Manage/direct the development, analysis, evaluation and modeling of potential solutions to support the company’s financial profitability and production goals. Act as a high‑level technical expert, lead actuarial and predictive model projects, and provide strategic direction to management and corporate areas.
Roles & Responsibilities
Complete actuarial and/or predictive modeling analyses appropriate for the functional area, including rate filings, ultimate loss projections, pricing studies, risk capital modeling, portfolio analysis, and research projects. Lead projects requiring multiple resources, including those who are not direct reports.
Direct the modification and enhancement of existing applications to address specific issues and prioritize the use of actuarial and predictive modeling resources.
Direct completion of required data preparation, identify complex data and operational issues requiring specialized actuarial attention, and take action to resolve them.
Manage and/or lead communication, documentation and coordination of information, resolution of technical issues, and activities between actuarial departments and internal & external colleagues (business units, IT, etc.).
Lead the development of new methodologies, products and procedures for American Modern and maintain current knowledge of trends and products in the reinsurance industries.
Peer‑review technical actuarial and/or predictive modeling work, provide constructive feedback, and coach less experienced employees.
Participate or lead training of others (underwriters, product analysts, accountants, actuaries, claims associates) on the use of models/studies/reviews and the interpretation of the results.
Manage the work for those who are not direct reports, including other actuaries, predictive modelers, programmers and support staff.
Prepare for and pass Actuarial Exams; attain continuing education per the US Qualification Standard issued by the American Academy of Actuaries.
Ensure all work and work products adhere to applicable Actuarial Standards of Practice.
Maintain an expert level of technical actuarial and statistical skills and concepts; adapt to varying products and dynamics and share knowledge with others.
Demonstrate judgment and problem‑solving skills to address complex high‑profile issues.
Required Technical Skills Proficient with MS Office Suite and actuarial software used for reserving, ratemaking, pricing, modeling stochastic distributions or data analysis.
Skills / Knowledge / Experience Generally, six (6) or more years of (re)insurance/actuarial experience is required to manage or direct the development, analysis, evaluation and modeling of potential solutions and to act as a high‑level technical expert.
Pricing Experience Preferred Experience in pricing is preferred.
Education, Certifications & Designations
Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related field requiring modeling, programming, or quantitative analysis.
Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS).
Membership in the American Academy Of Actuaries (MAAA).
Benefits We offer the following benefits to employees, domestic partners and children:
Health insurance – PPO or High Deductible plans.
Prescription drug coverage; vision and dental insurance plans.
Short‑ and long‑term disability coverage.
Supplemental life, AD&D and voluntary benefit plans.
Robust 401(k) plan with up to 5% employer match; retirement savings plan fully funded by the company.
Paid time off starting at 24 days per year.
Yearly bonus as a Munich Re employee.
Health and wellness programs at no cost.
Hybrid work environment.
On‑site cafeteria, coffee shop, workout facility and walking trails.
On‑site wellness center with a nurse practitioner.
Financial assistance for adoptions and infertility treatments.
Paid time off for family care and volunteer opportunities.
Tuition assistance and educational achievement bonuses.
Free parking; corporate matching gifts program.
Workplace Culture At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to challenges and opportunities. We aim to foster an inclusive culture and a workforce that reflects our customers and communities.
We are an equal‑opportunity employer. Reasonable accommodations may be made for individuals with disabilities.
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