Reinsurance - Pricing Actuary

MAKE A DIFFERENCE Share your talents and develop your skills as you build a career in a professional environment with a personal feel. Description Make a difference with a career in insurance At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. Start your journey with us Cincinnati Re is currently seeking an individual to join the actuarial team to support the reinsurance business. Responsibilities include the actuarial pricing of individual transactions and the modeling of transactions. A strong quantitative background and property/casualty reinsurance pricing experience are required. Salary The pay range for this position is $125,000-$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: 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. Close collaboration with members of the broader reinsurance team. 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). High proficiency using Microsoft Excel, experience with SQL Server and VBA a plus. You've Earned: 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. Learn more about our benefits and amenities packages. Embrace a diverse team As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation; religion; national origin; age; disability; or any other basis prohibited by law. Learn more about the Federal Employment Notices. #J-18808-Ljbffr Cincinnati Insurance Company