Actuarial Research Analyst

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’s Corporate Actuarial Division is integral to managing financial risks and ensuring the company’s long-term financial stability. This shared service comprises two specialized teams: Pricing and Reserving.

• Pricing Team: This team is tasked with projecting future loss activity and assessing whether prospective rate levels will adequately cover all costs associated with risk transfer.

• Reserving Team: This team is responsible for establishing Incurred But Not Reported (IBNR) reserves and estimating the outstanding losses for past exposure periods.

Together, these teams ensure that Great American maintains robust financial health and compliance with industry standards.

The Corporate Actuarial Division is looking for an Actuarial Research Analyst to join the Reserving team. This position will be based out of the office in Cincinnati, OH on a hybrid schedule.

Essential Job Functions and Responsibilities

• Responsible to provide strong quantitative support for financial forecasts, rating, reserving, rating regulatory filings and ad hoc requests.

• Coordinates actuarial research, performs systems updates, and develops new reports and output files.

• Analyzes and reviews reserves for existing products or business units. Assembles materials for and conducts quarterly meetings with business unit management.

• Provides input to accounting for recording loss and expense reserves in financial statements.

• Performs other duties as assigned.

Job Requirements

• Bachelor's degree or equivalent in Mathematics, Statistics, Finance, Computer Science or a related discipline.

• Generally, 3 to 10+ years of related experience. P&C Insurance experience is preferred.

• May have one or two exams, but not actively pursuing exams. Typically, does not have and is not pursuing an actuarial designation.

• Strong skills in Excel

Business Unit:

Property & Casualty Finance

Benefits:

We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.