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 and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Alternative Markets specialized in mono-line and/or multi-line primary programs on either a traditional guaranteed cost (Specialty Programs) or risk-sharing basis (Agency, Association or Group Captives). Alternative Markets focuses on niche programs.

https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/alternative-markets

Alternative Markets is looking for an Associate Actuary/Senior Associate Actuary. Job title and salary will be dependent upon successful applicant's level of experience. Great American’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week (Tuesday-Thursday) in the Cincinnati, OH office, with the flexibility to work one day remotely.

Essential Job Functions and Responsibilities

• Evaluates pricing and profitability for individual business segments.

• Analyzes excess layer pricing and profitability of captive contracts; manages captive collateral requirements.

• Performs due diligence analyses for new business opportunities and provides feasibility recommendations.

• Initiates and performs research to identify trends, issues, and actionable insights.

• Produces clear and concise actuarial reports that effectively communicate findings and recommendations.

• Collaborates with underwriting, marketing, and product  teams to provide actuarial support.

• Participates in cross-functional projects and contributes actuarial expertise.

• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.

• Performs other duties as assigned.

Job Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field.

• Generally, a minimum of 4-7 years of actuarial experience.

• Has attained an Associateship and typically is completing additional coursework toward Fellowship in the Casualty Actuarial Society (FCAS).

• Experienced in the development of rates, pricing strategies, reserve estimates, and/or predictive models. 

• Advanced analytical skills with the ability to use data to inform decisions.

• Demonstrates excellent interpersonal and communication skills.

Business Unit:

Alternative Markets

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.

 

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. Learn more at http://www.gaig.com/careers.

 

*Excludes seasonal employees and interns.