Associate Actuary - Claims at Munich RE

All locations Amelia, United States; Cincinnati, United States; Grow Your Career as an Actuary: Take on new challenges with American Modern Insurance.Title: Associate Actuary - ClaimsLocation: current schedule is hybrid (40-50% in the Amelia, Ohio office) *Please add a cover letter with details if you are not local and plan to relocate for the hybrid scheduleRecruiter: Sonya FischesserExempt positionApplicants requiring employer sponsorship of a visa will not be considered for this position.American Modern is a widely recognized, national leader in the specialty insurance business. With more than 50-years' experience in the manufactured housing insurance sector, the company delivers specialized products and services for residential property, the recreational market, and pet healthinsurance. The company is headquartered in suburban Cincinnati, Ohio.We are looking for a credentialed actuary to join our organization as a Claims Actuary working in tandem with the Reserving and Claims teams to enhance the business' ability to achieve profitable growth. The Claims Actuary will be an integrated business partner of the Claims department and will provide an analytically focused view of claims, claim characteristics, and performance in the financial aspect of claims. Roles & Responsibilities: Analyses of frequency and severity trends and driversIdentify opportunity areas regarding claims performanceMonitor loss adjustment expenses and look for ways to optimize expensesValidate initial case reserving methodology and valuesMonitor case reserve adequacy and trendsCollaborate on Catastrophe bulk reserve establishmentMeasure and forecast the benefits of claims initiativesFacilitate interdepartmental discussions on claim observations and initiativesLead in the development of new or enhancements to claims reportingInteract regularly with Claims, Product Management, Actuarial Pricing, Reserving, and FinanceFurther opportunities exist to enhance and develop business acumen by working and interacting with associates from Underwriting, IT, and other Actuaries in the Munich Re organization Qualifications: Required:* Demonstrated commitment and continued pursuit of FCAS designation* 5+ Years' experience in an actuarial capacity in Property Casualty Insurance* Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.* Strong analytical abilities including understanding of advanced mathematics and statistical concepts.* Demonstrated ability to think logically and perform analysis in a timely manner.* Demonstrated superior level of written and oral communication skills.* Demonstrated ability to interact effectively with areas of the company outside Actuarial* Strong command of Excel and either Access or P/L SQL* Some knowledge of programming in Visual Basic for Applications (VBA)Preferred:* ACAS or FCAS* Experience working with Predictive Modeling* Some management experienceWe are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:Two options for your health insurance plan (PPO or High Deductible)Prescription drug coverage (included in your health insurance plan)Vision and dental insurance plansShort and Long Term Disability coverageSupplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)In addition to the above insurance offerings, our employees also enjoy:A robust 401k plan with up to a 5% employer matchA retirement savings plan that is 100% company fundedPaid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversariesEligibility to receive a yearly bonus as a Munich Re employeeA variety of health and wellness programs provided at no costA hybrid environment that gives you a choice in where and how you get work doneA corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shopAn on-site complimentary workout facility as well as walking trails on campus groundsOn-site wellness center complete with nurse practitionerFinancial assistance for adoptions and infertility treatmentPaid time off for eligible family care needsTuition assistance and educational achievement bonusesFree parkingA corporate matching gifts program that further enhances your charitable donationPaid time off to volunteer in your communityAt American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.#LI-SF1Claims Actuary, Actuary - Claims Reserving, Associate Actuary, Actuary, Reserving Apply Now Save job