Actuarial Analyst I

Munich Re Careers - Cincinnati, OH

Full-time - Entry Level

Cincinnati, OH

About the position

The Actuarial Analyst I position at American Modern Insurance Group involves providing technical expertise in evaluating risk and profitability using actuarial and statistical principles. The role includes preparing actuarial analyses, participating in presentations, and developing methodologies while ensuring data integrity and communication of results to stakeholders.

Responsibilities

• Prepare and complete actuarial and/or predictive modeling analysis appropriate for the functional area.
• Participate in the development of actuarial presentations and present results/topics to managers or other team members.
• Complete required data preparation, including data input, and identify data issues requiring specialized actuarial attention.
• Document and communicate results and alternatives to actuarial staff and internal customers.
• Modify existing tools and expand knowledge of relevant tools and technology.
• Participate in the development of new methodologies, products, and procedures.
• Complete peer reviews.
• Prepare for and pass actuarial exams.
• May assist in the training of new actuarial analysts.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
• GPA 3.2 or higher.
• Passed at least 1 exam for CAS designation.
• Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
• Strong command of Excel (including VBA and macros) and other computer and MS Office Suite applications.
• Knowledge of data gathering and manipulation techniques and tools such as SAS, SQL, Access, R.
• Proven ability to pass actuarial exams.

Benefits

• Two options for health insurance plan (PPO or High Deductible)
• Prescription drug coverage
• Vision and dental insurance plans
• Short and Long Term Disability coverage
• Supplemental Life and AD&D plans
• Voluntary Benefit plans
• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year
• Eligibility to receive a yearly bonus
• A variety of health and wellness programs
• A hybrid environment
• A corporately subsidized on-site cafeteria
• An on-site complimentary workout facility
• On-site wellness center
• Financial assistance for adoptions and infertility treatment
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Free parking
• A corporate matching gifts program
• Paid time off to volunteer in your community