Actuary Manager I-II
Cincinnati Insurance Company
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.
Build your future with us
The Cincinnati Insurance Companies' Small Business Analytics department has an opening in our corporate headquarters located in Fairfield, Ohio, for an Actuary manager.
Salary: The pay range for this position is $110,000 - $180,000.00 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:
manage a team in the development and maintenance of multivariate predictive models for small business pricing and underwriting
use actuarial/modeling techniques to address new business problems that arise or to facilitate solutions
build relationships with business partners in Commercial Lines and Sales
conduct ad-hoc studies addressing a wide variety of modeling, actuarial, and other business concerns
ensure that relevant projects and studies are completed to specification in a timely manner
communicate results and recommendations to department managers and company management
explore new modeling techniques and methodologies
train and guide both new and experienced actuaries and modelers
Be equipped with:
Computer Skills – Use knowledge of available hardware and software to ensure that these tools are used effectively to solve business problems
Modeling Skills – Ability to use SAS and Python to build predictive models and other machine learning solutions at an expert level
Programming Skills – Ability to understand, design, de-bug, and optimize code segments and macros in a variety of programming and modeling platforms
Data Skills – Ability to query, organize, and scrub data to support any actuarial/modeling function
Communication Skills – Integrate actuarial, modeling, company, and insurance-industry lexicons effectively into discussions and analyses, whether oral or written, when dealing with company executives and other diverse audiences, including those with non-technical backgrounds
Presentation Skills – Develop content, style, and approach for presenting technical ideas and analyses to a variety of audiences, technical and non-technical
Management Skills – Manage associates, projects, and time, as circumstances dictate, to execute responsibilities faithfully and effectively
Problem-Solving Skills - Apply actuarial/modeling methods appropriately, assess their strengths and weaknesses, interpret data and findings appropriately in light of business knowledge, arrive at appropriate adjustments, and make sound decisions when weighing answers derived from competing methods
Detailed knowledge of insurance company operations including claims and underwriting
Detailed knowledge of the pricing of major P&C lines of insurance (commercial auto, general liability, commercial property, workers’ compensation, personal auto, homeowner, etc.) is preferred
Bring education or experience from:
advanced degree in Statistics, Mathematics, Economics, Actuarial Science, or other related fields and FCAS designation preferred
theoretical understanding and applied experience with multivariate predictive models and machine learning techniques
six or more years of P&C actuarial/modeling experience
prior management experience is preferred
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.