Location: current schedule is hybrid (40-50% in the Amelia, Ohio office)
Exempt position
American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion.
Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.
Purpose:
Provide required technical expertise in the appropriate evaluation of risk and profitability based on sound actuarial and statistical principles and techniques.
Roles & Responsibilities:
- Prepare and complete actuarial and/or predictive modeling analysis appropriate for the functional area. May include ultimate loss projections, pricing studies, rate filings, risk capital modeling, portfolio analysis, and research projects or claims analytical studies.
- Participate in the development of actuarial presentations and present results/topics to managers or other team members.
- Completion of required data preparation, including data input. Identify data issues requiring specialized actuarial attention.
- Document and communicate results and alternatives to actuarial staff and internal customers.
- Modify existing tools and expand knowledge of relevant tools and technology.
- Participate in the development of new methodologies, products and procedures.
- Complete peer reviews.
- Prepare for and pass actuarial exams.
- May assist in the training of new actuarial analysts.
Required Technical Skills:
- Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
- Strong command of Excel (including VBA and macros) and other computer and MS Office Suite applications.
- Knowledge of data gathering and manipulation techniques and tools such as SAS, SQL, Access, R.
- Proven ability to pass actuarial exams.
Education, Certifications & Designations:
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
GPA 3.2 or higher.
Passed at least 1 exam for CAS designation
We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
- Two options for your health insurance plan (PPO or High Deductible)
- Prescription drug coverage (included in your health insurance plan)
- Vision and dental insurance plans
- Short and Long Term Disability coverage
- Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
- Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
In addition to the above insurance offerings, our employees also enjoy:
- A robust 401k plan with up to a 5% employer match
- A retirement savings plan that is 100% company funded
- Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
- Eligibility to receive a yearly bonus as a Munich Re employee
- A variety of health and wellness programs provided at no cost
- A hybrid environment that gives you a choice in where and how you get work done
- A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
- An on-site complimentary workout facility as well as walking trails on campus grounds
- On-site wellness center complete with nurse practitioner
- Financial assistance for adoptions and infertility treatment
- Paid time off for eligible family care needs
- Tuition assistance and educational achievement bonuses
- Free parking
- A corporate matching gifts program that further enhances your charitable donation
- Paid time off to volunteer in your community
At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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Working at
Munich Re
Munich Re is a leading reinsurance company that provides insurance products to other insurance companies. The company was founded in 1880 and has grown to become one of the largest reinsurers in the world. Munich Re offers a wide range of reinsurance products, including property and casualty reinsurance, life and health reinsurance, and specialty reinsurance. In addition to traditional reinsurance products, the company also offers risk consulting and management services to help clients identify and mitigate potential risks. Munich Re has a strong reputation in the industry and is known for its expertise in underwriting and risk assessment. The company has operations in numerous countries around the world and is a key player in the global insurance market.