Reinsurance - Pricing Actuary

Cincinnati Insurance Company; United States; Remote; USD 75,000 - 140,000; Full time

Job summary

Join a forward-thinking company as part of the analytics team, where you will support treaty reinsurance pricing in a dynamic environment. This role offers the opportunity to leverage your quantitative skills while collaborating with a diverse group of professionals. You'll engage in evaluating reinsurance opportunities, conducting financial modeling, and developing pricing models. With a strong focus on communication and project management, you'll play a vital role in driving success and innovation. If you're ready to make a significant impact in the reinsurance industry, this position is perfect for you!

Qualifications

• Actuarial student or near-credentialed property and casualty actuary (ACAS or FCAS).
• 5+ years in commercial lines (general liability, auto, property, professional lines).
• 2+ years in property/casualty reinsurance pricing preferred.

Responsibilities

• Support evaluation and pricing of reinsurance opportunities.
• Conduct stochastic and financial modeling of transactions.
• Assist in development and maintenance of pricing models.

Skills

Quantitative Analysis

Property/Casualty Reinsurance

Communication Skills

Project Management

Analytical Skills

Collaboration

Organizational Skills

Time Management

Travel Availability

Education

Actuarial Student or Near-Credentialed

5+ Years in Commercial Lines

2+ Years in Reinsurance Pricing

Tools

Microsoft Excel

SQL Server

VBA

Job description

MAKE A DIFFERENCE Share your talents and develop your skills as you build a career in a professional environment with a personal feel.

Description

Build your future with us

Cincinnati Re is currently seeking an individual to join the analytics team to support treaty reinsurance pricing. A strong quantitative and property/casualty reinsurance background is required. Candidate must have excellent communication, strong project management and analytical skills, and the ability to work in a fast-paced environment.

The pay range for this position is $75,000 - $140,000 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.

Responsibilities include:

• Supporting the evaluation and pricing of reinsurance opportunities, including analyzing contracts, developing loss costs, quantifying the impact of contract features, and understanding key risk drivers.
• Performing actuarial pricing, including experience rating and exposure rating of subject business.
• Conducting stochastic and financial modeling of transactions.
• Assisting in the development and maintenance of pricing models.
• Collaborating with the broader reinsurance team.
• Meeting externally with current and prospective clients.
• Participating in special projects as needed.

Required skills and qualities:

• Motivated, self-directed, and able to work collaboratively.
• Excellent written and verbal communication skills.
• Strong organizational, time, and project management skills.
• Availability for travel (4-8 trips/year for internal meetings, 2-6 trips/year for client meetings).

Preferred skills:

• Proficiency in Microsoft Excel; experience with SQL Server and VBA is a plus.

Location:

• Preferably in Cincinnati, OH, or remote with ability to travel.

Qualifications:

• Actuarial student or near-credentialed property and casualty actuary (ACAS or FCAS).
• 5+ years in commercial lines (general liability, auto, property, professional lines).
• 2+ years in property/casualty reinsurance pricing preferred.

Benefits and Diversity

We offer a variety of benefits and amenities to support our associates' well-being and satisfaction. We embrace diversity and are committed to equal employment opportunity regardless of race, creed, color, sex, or other protected characteristics. Learn more about our benefits and our commitment to diversity.