Senior Commercial Pricing Actuary – Large Accounts

The Cincinnati Insurance Companies; Fairfield (OH); On-site; USD 110,000 - 180,000; Full time

Benefits offered by this job

Annual bonus

Stock incentives

Job summary

The Cincinnati Insurance Companies in Fairfield, Ohio, seeks an associate actuary, actuary I, or actuary II in large commercial account pricing. This role is based at our Headquarters in Fairfield, OH.

The pay range for this position is $110,000 - $180,000 annually, with potential annual cash bonus and stock incentives based on performance. Responsibilities include reviewing pricing proposals, loss-sensitive pricing, maintaining pricing tools, building models, and delivering actionable insights

Qualifications

• Bachelor's degree or higher in actuarial science, mathematics, statistics, physics, economics or a similar technical field of study (required)
• ACAS designation (required)
• Business coursework (preferred)
• Four or more years of P&C actuarial experience (required) and commercial pricing experience (strongly preferred)
• FCAS designation (preferred)

Responsibilities

• Review pricing proposals for large commercial accounts, provide recommendations to underwriters and collaborate throughout pricing and decision-making process
• Perform loss-sensitive pricing and collateral evaluation
• Maintain and enhance large account pricing tools
• Research and implement pricing improvements, including construction of multi-variate pricing models
• Enhance business unit reporting by distilling and communicating key findings
• Build tools to enhance business unit productivity
• Perform ad-hoc analyses

Skills

Communication skills

Interpersonal skills

Education

Bachelor's degree or higher in actuarial science or similar

ACAS designation

FCAS designation (preferred)

Tools

SQL

SAS

Excel VBA

Python (pandas/NumPy)

GLMs

Penalized regression models

Job description

The Cincinnati Insurance Companies in Fairfield, Ohio, seeks an associate actuary, actuary I, or actuary II in large commercial account pricing. This role is based at our Headquarters in Fairfield, OH.

The pay range for this position is $110,000 - $180,000 annually, with potential annual cash bonus and stock incentives based on performance. Responsibilities include reviewing pricing proposals, loss-sensitive pricing, maintaining pricing tools, building models, and delivering actionable insights