Actuarial Analyst

Great American Insurance GroupCincinnati, OH
Hybrid

About The Position

Great American Insurance Group's Corporate Actuarial Division is integral to managing financial risks and ensuring the company’s long-term financial stability. This shared service comprises two specialized teams: Pricing and Reserving. The Pricing Team is tasked with projecting future loss activity and assessing whether prospective rate levels will adequately cover all costs associated with risk transfer. The Reserving Team is responsible for establishing Incurred But Not Reported (IBNR) reserves and estimating the outstanding losses for past exposure periods. Together, these teams ensure that Great American maintains robust financial health and compliance with industry standards. The Corporate Actuarial Division is looking for an Actuarial Analyst to join their team. Great American’s culture is built on connection, shared learning, and strong relationships. Employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in-office days are Tuesday–Thursday, with the fourth day determined by business needs.

Requirements

  • Bachelor's degree or equivalent in Mathematics, Statistics, Finance, Computer Science or a related discipline.
  • Generally, 0-2 years of actuarial experience.
  • Has passed 1 or more exams toward Associateship in the Casualty Actuarial Society (ACAS).
  • Strong skills in Excel.

Responsibilities

  • Provide strong quantitative support for financial forecasts, rating, reserving, rating regulatory filings and ad hoc requests.
  • Coordinate actuarial research, perform systems updates, and develop new reports and output files.
  • Analyze and review reserves for existing products or business units.
  • Assemble materials for and conduct quarterly meetings with business unit management.
  • Provide input to accounting for recording loss and expense reserves in financial statements.
  • Perform other duties as assigned.

Benefits

  • medical coverage
  • dental coverage
  • vision coverage
  • wellness plans
  • parental leave
  • adoption assistance
  • tuition reimbursement
  • Paid Time Off
  • paid holidays
  • 401(k) plan with company match
  • employee stock purchase plan
  • commuter benefits
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