Location: Amelia / Cincinnati, Ohio (hybrid schedule 40-50% in office)
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 (please include transcripts if recent grad - within 6 months)
Passed at least 1 exam for CAS designation
Previous internship preferred
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.