Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.
At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.
Great American Financial Institution Services specializes in providing risk management and product enhancement programs to vehicle lenders and lessors, commercial equipment lenders, auto dealers and mortgage lenders throughout the U.S. and Canada. Target clients include commercial banks, credit unions, finance companies, buy-here pay-here dealers and leasing and rental concerns.
The Division insures all forms of collateral securing mortgages, retail installment contracts and loans. This includes but is not limited to residential and commercial real property, commercial vehicles, commercial contents and equipment, motorcycles, recreational vehicles, watercraft and aircraft.
Great American Financial Institution Services provides insurance products through agents and General Agents specializing in providing solutions for financial institutions' needs. With an average experience level of over 20 years, Great American Financial Institution Services is staffed with an energetic team of professionals empowered to respond quickly and decisively to the needs of our target clients and producer partners.
Our Financial Institution Services Division is looking for a Senior Actuarial Analyst to join their team! This position will be located in our Cincinnati, OH office and will operate on a hybrid schedule.
Financial Institution Services - Great American Insurance Group
Essential Job Functions and Responsibilities
- Develops rate indications, evaluates pricing levels, analyzes profitability, and communicates results to business unit management.
- Develop actuarial support for complex or countrywide rate filings. Provide responses to regulators' requests for information.
- Develops predictive models using advanced statistical and machine learning techniques and communicates modeling results to business unit management.
- Improves upon advanced knowledge in Excel and utilizes R, SQL, or similar programming language to increase efficiency in ratemaking or reserving.
- May perform research, experience studies, and other ad hoc analyses.
- Maintains documentation of actuarial analysis.
- Performs other duties as assigned.
Job Requirements
Education: Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, or a related field.
Experience: Generally, a minimum of 2 years of experience and has passed 1/3 or more of the exams required toward Associateship in the Casualty Actuarial Society (ACAS).
Scope of Job/Qualifications: Performs work under moderate supervision and able to balance competing priorities. Familiar with intermediate concepts, practices and procedures. Relies on experience and judgment to plan and accomplish goals. Works on assignments of moderate technical complexity and demonstrates understanding of insurance concepts.
Physical Requirements
- Requires prolonged sitting.
- Requires continuous use of computer.
- May lift, carry, push, or pull objects up to 10 lbs.
- Requires regular and predictable attendance.
Business Unit:
Financial Institution Services
Benefits:
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.
Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
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What We Do
Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. We have more than 30 specialty property and casualty insurance businesses, and in 2021, approximately 50% of our gross written premium in our property and casualty operations was generated by business units with a Top 10 market ranking. Great American Insurance Company has received an "A" (Excellent) or higher rating from the AM Best Company for more than 110 years (most recent rating evaluation of "A+" (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio.
