Actuarial Analyst

Great American Insurance Group; Cincinnati (OH); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan with company match

Tuition reimbursement

Paid time off and paid holidays

Job summary

Great American Insurance Group in Cincinnati, Ohio, is seeking an Actuarial Analyst to support financial forecasts and reserve analysis. The role involves strong quantitative skills and collaboration with business management.

The ideal candidate will have a Bachelor's degree in a related field and 0-2 years of actuarial experience. Competitive benefits include medical coverage, 401(k), and paid time off, forming part of a robust employee package.

Qualifications

• 0-2 years of actuarial experience.
• Has passed 1 or more exams toward Associateship in the Casualty Actuarial Society (ACAS).

Responsibilities

• Provide quantitative support for financial forecasts and rating.
• Coordinate actuarial research and perform systems updates.
• Analyze and review reserves for existing products.

Skills

Strong skills in Excel

Education

Bachelor’s degree in Mathematics, Statistics, Finance, or related discipline

Job description

Great American’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 Team: This team is tasked with projecting future loss activity and assessing whether prospective rate levels will adequately cover all costs associated with risk transfer.
• Reserving Team: This team is responsible for establishing Incurred But Not Reported (IBNR) reserves and estimating the outstanding losses for past exposure periods.

We are seeking an Actuarial Analyst to join our team.

Essential Job Functions and 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.

Job 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.

Business Unit

Property & Casualty Finance

Benefits

We offer competitive benefits packages for full‑time and part‑time employees. Full‑time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full‑time and eligible part‑time employees also enjoy paid time off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Excludes seasonal employees and interns.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process.