Reinsurance - Pricing Actuary

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.

If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Start your journey with us

Cincinnati Re is currently seeking an individual to join the analytics team to support treaty reinsurance pricing.   A strong quantitative and property & casualty reinsurance background is required.  The ideal candidate must have excellent communication, strong analytical skills, and the ability to work in a fast-paced environment. For candidates not located near our Fairfield, OH headquarters, this role may be designated as remote. Individuals in remote locations will be required to travel on a more frequent basis.

The pay range for this position is $100,000.00 - $160,000.00 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to:

• support the evaluation and pricing of reinsurance opportunities 
• work with the reinsurance underwriters to analyze contracts, develop loss costs, and quantify the impact of contract features
• assess capital requirements and provide insights into key risk drivers to support strategic decision-making and financial planning
• perform actuarial pricing, including experience rating and exposure rating of subject business
• perform stochastic and financial modeling of transactions
• assist in the development and maintenance of pricing models
• meet externally with current and prospective clients
• participate in special projects as needed
• periodically travel to support business objectives, meetings, and events
   

Be equipped with:

• ability to independently manage priorities, take initiative, and drive success
• demonstrated ability to collaborate effectively within cross-functional team
• excellent written and verbal communication skills
• strong organizational, time and project management experience
• strong Excel and actuarial software proficiency
• ability to interpret and communicate complex data to technical and non-technical audiences
   

Bring education or experience from: 

• a bachelor’s degree (required)
• progress toward CAS designation required; candidates should be an actuarial student with advanced exam progress or a near-credentialed Property & Casualty actuary (ACAS/FCAS)
• two or more years of experience in property/casualty reinsurance pricing (required)
• two or more years of experience in commercial or specialty lines such as general liability, auto, property, professional lines, cyber, marine & energy (preferred)
• experience with SQL Server and VBA (preferred)

Enhance your talents 

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career. 

Enjoy benefits and amenities 

Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. 

Embrace a diverse team 

As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.