Reinsurance - Sr. Pricing Actuary

Cincinnati Financial • Fairfield, OH

6h • $150,000 - $225,000 • Hybrid

About The Position

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.

Requirements

• credentialed property and casualty actuary (ACAS or FCAS)
• strong problem-solving skills
• ability to work in a fast-paced environment
• ability to work in a collaborative team environment, including effective listening and verbal communication skills
• professional, courteous and organized
• availability to travel for internal meetings (4-6 trips per year)
• availability for travel to meetings at client location (2-6 trips per year)
• High proficiency using Microsoft® Excel

Nice To Haves

• 5+ years of reinsurance or large account pricing knowledge and experience preferred
• 10+ years of experience in commercial and specialty lines pricing desired; such as general liability, property, workers compensation, environmental, marine & energy lines
• experience with SQL Server and VBA a plus

Responsibilities

• 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.

Benefits

• Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
• Learn more about our benefits and amenities packages.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed