Cincinnati OH

Munich

Remote

Graduate

Part Qualified

Associate

Qualified

Life

Health

Property & Casualty

Reserving

Reporting

Data

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Coding

Pricing

Excel

Power BI

Databricks

JavaScript

Microsoft Azure

Munich Re is a global reinsurance company based in Germany. Established in 1880, it is one of the world's largest reinsurers. Munich Re provides risk transfer and risk management solutions to insurance companies and clients worldwide. With a strong focus on technical expertise and innovation, it plays a vital role in supporting the insurance industry and managing complex risks.

Munich Re

Actuary - Claims ReservingCompany: American Modern Insurance GroupLocation: Cincinnati, United StatesTitle: Associate ActuaryLocation: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Applicants 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 of experience in the manufactured housing insurance sector, the company delivers specialized products and services for residential property, the recreational market, and pet health insurance.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:<ul><li>Analyses of frequency and severity trends and drivers</li><li>Identify opportunity areas regarding claims performance</li><li>Monitor loss adjustment expenses and look for ways to optimize expense</li><li>Validate initial case reserving methodology and values</li><li>Monitor case reserve adequacy and trends</li><li>Collaborate on Catastrophe bulk reserve establishment</li><li>Measure and forecast the benefits of claims initiatives</li><li>Facilitate interdepartmental discussions on claim observations and initiatives</li><li>Lead in the development of new or enhancements to claims reporting</li><li>Interact regularly with Claims, Product Management, Actuarial Pricing, Reserving, and Finance</li><li>Further 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</li></ul>Qualifications:Required:<ul><li>Demonstrated commitment and continued pursuit of FCAS designation</li><li>5+ years of experience in an actuarial capacity in Property Casualty Insurance</li><li>Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis</li><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts</li><li>Demonstrated ability to think logically and perform analysis in a timely manner</li><li>Demonstrated superior level of written and oral communication skills</li><li>Demonstrated ability to interact effectively with areas of the company outside Actuarial</li><li>Strong command of Excel and either Access or P/L SQL</li><li>Some knowledge of programming in Visual Basic for Applications (VBA)</li></ul>Preferred:<ul><li>ACAS or FCAS</li><li>Experience working with Predictive Modeling</li><li>Some management experience</li></ul>We are proud to offer our employees, their domestic partners, and their children a wide range of insurance benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents</li><li>Voluntary Benefit plans that supplement your health and life insurance plans</li></ul>In addition to the above insurance offerings, our employees also enjoy:<ul><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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 are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Associate Actuary (Remote or Hybrid)Company: American Modern Insurance GroupLocation: Cincinnati, United StatesGrow Your Career as an Associate Actuary: Take on new challenges with American Modern Insurance.Purpose:Manage/direct the development, analysis, evaluation, and modeling of potential solutions using actuarial and/or predictive modeling methods and processes to support the financial profitability and/or production goals of the company by acting as a high-level technical expert.Work with management and corporate areas to provide strategic direction. Lead projects associated with the development and update of actuarial/predictive models and databases through formula development, research on methodologies, and collaboration on technical items.Roles & Responsibilities:<ul><li>Complete actuarial and/or predictive modeling analyses appropriate for the functional area. May include rate filings, ultimate loss projections, pricing studies, risk capital modeling, portfolio analysis, and research projects. Lead projects/analysis requiring multiple resources including those who are not direct reports.</li><li>Direct the modification and enhancement of existing applications to address specific issues. Coordinate and help focus and prioritize the use of actuarial and/or predictive modeling resources for tasks that are assigned.</li><li>Direct the completion of required data preparation including data input. Identify complex data & operational issues requiring specialized actuarial attention and take action to address them.</li><li>Manage and/or lead communication, documentation, and coordination of information, resolution of technical issues, and activities between actuarial departments, as well as with internal & external colleagues.</li><li>Lead in the development of new methodologies, products, and procedures for American Modern. Maintain current knowledge of trends and products in the (re)insurance industries.</li><li>Peer review technical actuarial and/or predictive modeling work and provide constructive feedback as needed. Coach less experienced employees as needed.</li><li>Participate or lead in the training of others (underwriters, product analysts, accountants, actuaries, claims associates) on the use of models/studies/reviews and the interpretation of the results.</li><li>Manage the work for those who are not direct reports including other actuaries, predictive modelers, programmers, and support staff as needed.</li><li>Prepare for and pass actuarial exams. Attain appropriate continuing education according to the US Qualification Standard issued by the American Academy of Actuaries.</li><li>Ensure all work and work products adhere to applicable Actuarial Standards of Practice as promulgated by the American Academy of Actuaries.</li><li>Maintain an expert level of technical actuarial and statistical skills and concepts. Adapt to varying and changing sets of products and dynamics and provide the most efficient and effective methods appropriate for the functional area.</li><li>Demonstrate ability to apply judgment and problem-solving skills to address different, complex, and high-profile issues.</li></ul>Required Technical Skills:Proficient computer skills and application of MS Office Suite, including actuarial software used for reserving, ratemaking, pricing, modeling stochastic distributions, or data analysis as appropriate.Skills / Knowledge / Experience:Generally, six (6) or more years of (re)insurance/actuarial experience is required to possess the ability to manage/direct the development, analysis, evaluation, and modeling of potential solutions using actuarial and/or predictive modeling methods and processes.Pricing experience preferred.Education, Certifications & Designations:<ul><li>Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics, or related Field requiring modeling, programming, or quantitative analysis.</li><li>Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS).</li><li>Membership in the American Academy of Actuaries (MAAA).</li></ul>We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible).</li><li>Prescription drug coverage (included in your health insurance plan).</li><li>Vision and dental insurance plans.</li><li>Short and Long Term Disability coverage.</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents.</li><li>Voluntary Benefit plans that supplement your health and life insurance plans.</li></ul>In addition to the above insurance offerings, our employees also enjoy:<ul><li>A robust 401k plan with up to a 5% employer match.</li><li>A retirement savings plan that is 100% company funded.</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.</li><li>Eligibility to receive a yearly bonus.</li><li>A variety of health and wellness programs provided at no cost.</li><li>A hybrid environment that gives you a choice in where and how you get work done.</li><li>A corporately subsidized on-site cafeteria.</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds.</li><li>On-site wellness center complete with nurse practitioner.</li><li>Financial assistance for adoptions and infertility treatment.</li><li>Paid time off for eligible family care needs.</li><li>Tuition assistance and educational achievement bonuses.</li><li>Free parking.</li><li>A corporate matching gifts program that enhances your charitable donation.</li><li>Paid time off to volunteer in your community.</li></ul>At American Modern, 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.

Associate ActuaryCompany: American Modern Insurance GroupLocation: Cincinnati, United StatesThere is an exciting opportunity to join our team as an Associate Actuary.Title: Associate ActuaryLocation: Current schedule is hybrid (40-50% in the Amelia, Ohio office).Recruiter: Sonya FischesserExempt position.Applicants requiring employer sponsorship of a visa will not be considered for this position.American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property and the recreational market. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $1.9 billion.Headquartered in Amelia, Ohio, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day in a flexible environment.Purpose:Manage and direct the development, analysis, evaluation, and modeling of potential solutions using actuarial and/or predictive modeling methods to support the financial profitability and production goals of the company.Act as a high-level technical expert and work with management to provide strategic direction. Lead projects associated with the development and update of actuarial and predictive models and databases.Roles & Responsibilities:<ul><li>Complete actuarial and predictive modeling analyses appropriate for the functional area, including rate filings, ultimate loss projections, pricing studies, and portfolio analysis.</li><li>Direct the modification and enhancement of existing applications to address specific issues.</li><li>Coordinate and prioritize the use of actuarial and predictive modeling resources for assigned tasks.</li><li>Manage and lead communication, documentation, and coordination of information between actuarial departments and internal/external colleagues.</li><li>Lead in the development of new methodologies, products, and procedures for American Modern.</li><li>Peer review technical actuarial and predictive modeling work and provide constructive feedback.</li><li>Participate or lead in the training of others on the use of models and interpretation of results.</li><li>Manage the work for those who are not direct reports, including other actuaries and support staff.</li><li>Prepare for and pass actuarial exams and attain continuing education according to the US Qualification Standard.</li><li>Ensure all work adheres to applicable Actuarial Standards of Practice.</li><li>Maintain an expert level of technical actuarial and statistical skills.</li><li>Demonstrate ability to apply judgment and problem-solving skills to complex issues.</li></ul>Required Technical Skills:Proficient computer skills and application of MS Office Suite, including actuarial software used for reserving, ratemaking, pricing, and data analysis.Skills / Knowledge / Experience:Generally, six or more years of (re)insurance/actuarial experience is required.Pricing experience preferred.Education, Certifications & Designations:<ul><li>Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics, or related field.</li><li>Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS).</li><li>Membership in the American Academy of Actuaries (MAAA).</li></ul>We are proud to offer our employees a wide range of insurance benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible).</li><li>Prescription drug coverage included in your health insurance plan.</li><li>Vision and dental insurance plans.</li><li>Short and Long Term Disability coverage.</li><li>Supplemental Life and AD&D plans available for purchase.</li><li>Voluntary Benefit plans that supplement your health and life insurance plans.</li></ul>In addition to the above insurance offerings, our employees also enjoy:<ul><li>A robust 401k plan with up to a 5% employer match.</li><li>A retirement savings plan that is 100% company funded.</li><li>Paid time off that begins with 24 days each year.</li><li>Eligibility to receive a yearly bonus as a Munich Re employee.</li><li>A variety of health and wellness programs provided at no cost.</li><li>A hybrid environment that gives you a choice in where and how you work.</li><li>An on-site complimentary workout facility and walking trails.</li><li>Financial assistance for adoptions and infertility treatment.</li><li>Paid time off for eligible family care needs.</li><li>Tuition assistance and educational achievement bonuses.</li><li>Free parking.</li><li>A corporate matching gifts program.</li><li>Paid time off to volunteer in your community.</li></ul>At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Claims ActuaryCompany: American Modern Insurance GroupLocation: Cincinnati, United StatesTitle: Claims ActuaryLocation: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Applicants 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 of experience in the manufactured housing insurance sector, the company delivers specialized products and services for residential property, the recreational market, and pet health insurance. 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:<ul><li>Analyses of frequency and severity trends and drivers</li><li>Identify opportunity areas regarding claims performance</li><li>Monitor loss adjustment expenses and look for ways to optimize expense</li><li>Validate initial case reserving methodology and values</li><li>Monitor case reserve adequacy and trends</li><li>Collaborate on Catastrophe bulk reserve establishment</li><li>Measure and forecast the benefits of claims initiatives</li><li>Facilitate interdepartmental discussions on claim observations and initiatives</li><li>Lead in the development of new or enhancements to claims reporting</li><li>Interact regularly with Claims, Product Management, Actuarial Pricing, Reserving, and Finance</li><li>Further 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.</li></ul>Qualifications:Required:<ul><li>Demonstrated commitment and continued pursuit of FCAS designation</li><li>5+ years of experience in an actuarial capacity in Property Casualty Insurance</li><li>Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis</li><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts</li><li>Demonstrated ability to think logically and perform analysis in a timely manner</li><li>Demonstrated superior level of written and oral communication skills</li><li>Demonstrated ability to interact effectively with areas of the company outside Actuarial</li><li>Strong command of Excel and either Access or P/L SQL</li><li>Some knowledge of programming in Visual Basic for Applications (VBA)</li></ul>Preferred:<ul><li>ACAS or FCAS</li><li>Experience working with Predictive Modeling</li><li>Some management experience</li></ul>We are proud to offer our employees, their domestic partners, and their children a wide range of insurance benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents</li><li>Voluntary Benefit plans that supplement your health and life insurance plans</li></ul>In addition to the above insurance offerings, our employees also enjoy:<ul><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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.

Title: Actuarial AnalystLocation: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Recruiter: Sonya FischesserExempt positionPosting end date: 02/14/2025American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property, such as manufactured homes and specialty dwellings, and the recreational market, including boats, personal watercraft, classic cars, and more.We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division.Our employees receive boundless opportunity to grow their careers and make a difference every day, all in a flexible environment that helps them succeed both at work and at home.Actuarial Analysts with American Modern Insurance Group have the opportunity to work in three primary areas that will develop their actuarial skills: Pricing, Reserving, and Predictive Modeling.Work in these areas involves the following types of activities:Pricing<ul><li>Development of rate level indications for all lines of business</li><li>Selection of pricing levels for each state and line in close collaboration with Product Management</li><li>Development of strategies to drive profitable growth</li><li>Filing support for rate changes</li><li>Development of profitability scorecards that drive strategy and resource allocation</li><li>Annual Loss Ratio Planning</li><li>Special Projects</li></ul>Predictive Modeling<ul><li>Data preparation and cleansing for modeling</li><li>Statistical modeling using R</li><li>Pricing Model implementation support</li><li>Statistical Modeling to support Marketing, Underwriting, and Claims</li></ul>Reserving<ul><li>Analysis of Loss and Loss Adjustment Reserves</li><li>Monitoring of Reserve Adequacy</li><li>Development of Quarterly IBNR Booking Amounts</li><li>Special Projects</li><li>Financial Reporting including support for Annual Statement Reporting, IFRS Reporting, and Solvency II</li><li>Cooperation with Internal and External Auditors and Consultants</li><li>Interact with other Reserving Actuaries in North America</li></ul>In addition, actuarial analysts will have the opportunity to enhance and further develop their business acumen by working and interacting with associates from Claims, Underwriting, Product Management, Finance, IT, Portfolio Analysis, and other areas of the company.Required:<ul><li>Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis</li><li>GPA 3.2 or higher</li><li>Successful completion of 1 or more actuarial exams</li><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts</li><li>Demonstrated ability to think logically and perform analysis in a timely manner</li><li>Solid written and oral communication skills</li><li>Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic, and Macros</li><li>Completed at least 1 actuarial internship</li></ul>Preferred:<ul><li>GPA 3.5 or higher</li><li>Successful completion of 2 or more actuarial exams</li><li>2+ years experience in Property Casualty Insurance</li></ul>We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)</li><li>Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness, and Hospital Indemnity)</li></ul>In addition to the above insurance offerings, our employees also enjoy:<ul><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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.

Title: Actuarial Analyst II (with a Data Science focus)Location: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Recruiter: Sonya FischesserExempt positionAmerican Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property, such as manufactured homes and specialty dwellings, and the recreational market, including boats, personal watercraft, classic cars, and more.We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division.Our employees receive boundless opportunity to grow their careers and make a difference every day, all in a flexible environment that helps them succeed both at work and at home.Purpose:Provide required technical expertise in the appropriate evaluation of risk and profitability based on sound actuarial and statistical principles and techniques.Roles & Responsibilities:Because this role is a part of the rotation program within Predictive Analytics and Actuarial Services, initial emphasis will be on building Pricing models using R.<ul><li>Prepare and complete actuarial and/or predictive modeling analysis appropriate for the functional area. May include ultimate loss projections, pricing studies, rate filings, risk capital modeling, portfolio analysis, and research projects or claims analytical studies.</li><li>Participate in the development of actuarial presentations and present results/topics to managers or other team members.</li><li>Completion of required data preparation, including data input. Identify data issues requiring specialized actuarial attention.</li><li>Document and communicate results and alternatives to actuarial staff and internal customers.</li><li>Modify existing R based tools and expand knowledge of relevant software, tools and technology such as Databricks, DevOps, Earnix, etc.</li><li>Participate in the development of new methodologies, products, and procedures.</li><li>Complete peer reviews.</li><li>Prepare for and pass actuarial exams.</li><li>May assist in the training of new actuarial analysts and/or data scientists.</li></ul>Required Technical Skills:<ul><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts including GLMs, Principal Component Analysis, Clustering techniques, and Regularization techniques.</li><li>Strong background in Statistical programming in R, Python or related software for modeling and other analyses. General programming and data knowledge including SQL.</li><li>Strong command of Excel (including VBA and macros) and other computer and MS Office Suite applications.</li><li>Proven ability to pass actuarial exams.</li></ul>Skills / Knowledge / Experience:Level I<ul><li>Basic knowledge and understanding of actuarial and predictive modeling techniques and property/casualty insurance and reinsurance.</li><li>Still acquiring higher level skills.</li></ul>Level II<ul><li>Strong technical actuarial and statistical skills.</li><li>Assists in the training of new actuarial analysts.</li><li>Still acquiring higher level skills.</li><li>Two or more years of insurance/actuarial experience.</li><li>A graduate degree in physics, engineering, applied mathematics, or statistics may be substituted for experience.</li></ul>Education, Certifications & Designations:Level I: 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.Level II: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis. GPA 3.2 or higher. Passed a minimum of 3 exams for CAS designation. A graduate degree in physics, engineering, applied mathematics or statistics may be substituted for 1 actuarial exam.Benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)</li><li>Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)</li><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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.

Title: Actuarial Data EngineerLocation: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Recruiter: Sonya FischesserExempt positionPosting end date: 02/14/2025American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property, such as manufactured homes and specialty dwellings, and the recreational market, including boats, personal watercraft, classic cars, and more.We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division.Our employees receive boundless opportunity to grow their careers and make a difference every day, all in a flexible environment that helps them succeed both at work and at home.Purpose:Through the development and maintenance of data, systems, and tools, enable the evaluation of risk and profitability, customer experience, and operational improvement for the organization.Roles & Responsibilities:<ul><li>Contribute to the strategic and tactical planning, development, evaluation, and coordination of the information and technology systems for the department, division, or organization, where applicable.</li><li>Participate in projects that support the analysis, evaluation, and modeling of potential solutions analytical methods and processes that enable meeting the experience, operational, or financial profitability and/or production goals of the company.</li><li>Complete and prioritize multiple activities for assigned area. Balance sometimes conflicting goals.</li><li>Create and deliver value-added services to clients/company, integrating information from other areas into the AMIG enterprise system, databases, and models.</li><li>Participate in the development, maintenance, and enhancement of analytics, data management, predictive modeling analyses, and ad hoc work products into system-based solutions.</li><li>Translate complex business needs into system designs and specifications.</li><li>Contribute to the evaluation, selection, implementation, and maintenance of the enterprise internal information systems by supporting the evaluation of alternatives and performing appropriate cost benefit analysis.</li><li>Interact with internal and external contacts to improve quality and knowledge of work product.</li><li>Participate in the architecture/design and building of new automated solutions and procedures for the department, division, and organization.</li><li>Participate in various activities, client visits, or audits as needed. Act as liaison on information technology discussions as appropriate for the functional area.</li><li>Maintain current knowledge of trends and products in the system technology industries.</li><li>Train associates and other relevant areas regarding new and enhanced system solutions and system options.</li><li>Contribute to the creation of and follow standards of documentation, quality control, data governance, and Software Development Life Cycle (SDLC) methodology.</li><li>Be a steward of data quality at AMIG; identify issues and areas for improvement.</li><li>Create exhibits and visualizations of data that clarify and illuminate issues and insights in complex data.</li><li>Create data sets to be used by analysts that combine multiple complex data sources into a format that is suitable for analysis.</li><li>Explore alternative internal and external data sources.</li></ul>Required Technical Skills:<ul><li>Strong/In-depth knowledge of systems and data structures, with applicability towards (re)insurance operations, such as Azure SQL and Databricks.</li><li>Strong project management skills and experience.</li><li>Expert working knowledge of analytical tools including MS Excel and Access, VBA, TM1, Cognos, SAS, R, Power BI, Python.</li><li>Expert knowledge of SQL.</li><li>Knowledge of actuarial techniques, property/casualty (re)insurance, accounting, and finance.</li><li>In-depth analytical and mathematical skills.</li><li>Strong knowledge of industry sources of information.</li></ul>Education, Certifications & Designations:Graduate degree in Information Systems, Actuarial Science, Mathematics, Statistics, Economics or related field, or equivalent experience and bachelor degree in Information Systems, Actuarial Science, Mathematics, Statistics, Economics or related field.Benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents</li><li>Voluntary Benefit plans that supplement your health and life insurance plans</li><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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.

Title: Actuarial AnalystHiring Manager: Brian BellSalary Level: 6Location: Current schedule is hybrid (40-50% in the Amelia, Ohio office)Recruiter: Sonya FischesserExempt PositionAmerican Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property and the recreational market. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion.Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day in a flexible environment.Purpose:Provide required technical expertise in the appropriate evaluation of risk and profitability based on sound actuarial and statistical principles and techniques.Roles & Responsibilities:<ul><li>Prepare and complete actuarial and/or predictive modeling analysis appropriate for the functional area. May include ultimate loss projections, pricing studies, rate filings, risk capital modeling, portfolio analysis, and research projects or claims analytical studies.</li><li>Participate in the development of actuarial presentations and present results/topics to managers or other team members.</li><li>Completion of required data preparation, including data input. Identify data issues requiring specialized actuarial attention.</li><li>Document and communicate results and alternatives to actuarial staff and internal customers.</li><li>Modify existing tools and expand knowledge of relevant tools and technology.</li><li>Participate in the development of new methodologies, products and procedures.</li><li>Complete peer reviews.</li><li>Prepare for and pass actuarial exams.</li><li>May assist in the training of new actuarial analysts.</li></ul>Required Technical Skills:<ul><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts.</li><li>Strong command of Excel (including VBA and macros) and other computer and MS Office Suite applications.</li><li>Knowledge of data gathering and manipulation techniques and tools such as SAS, SQL, Access, R.</li><li>Proven ability to pass actuarial exams.</li></ul>Education, Certifications & Designations: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.Insurance Benefits:<ul><li>Two options for your health insurance plan (PPO or High Deductible)</li><li>Prescription drug coverage (included in your health insurance plan)</li><li>Vision and dental insurance plans</li><li>Short and Long Term Disability coverage</li><li>Supplemental Life and AD&D plans that you can purchase for yourself and dependents</li><li>Voluntary Benefit plans that supplement your health and life insurance plans</li></ul>Additional Employee Benefits:<ul><li>A robust 401k plan with up to a 5% employer match</li><li>A retirement savings plan that is 100% company funded</li><li>Paid time off that begins with 24 days each year, with more days added for milestone service anniversaries</li><li>Eligibility to receive a yearly bonus as a Munich Re employee</li><li>A variety of health and wellness programs provided at no cost</li><li>A hybrid environment that gives you a choice in where and how you get work done</li><li>A corporately subsidized on-site cafeteria as well as a coffee shop</li><li>An on-site complimentary workout facility as well as walking trails on campus grounds</li><li>On-site wellness center complete with nurse practitioner</li><li>Financial assistance for adoptions and infertility treatment</li><li>Paid time off for eligible family care needs</li><li>Tuition assistance and educational achievement bonuses</li><li>Free parking</li><li>A corporate matching gifts program that further enhances your charitable donation</li><li>Paid time off to volunteer in your community</li></ul>At 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.

Associate ActuaryCompany: American Modern Insurance GroupLocation: Cincinnati, United StatesExciting opportunity to join our team as an Associate Actuary.Location: current schedule is hybrid (40-50% in the Amelia, Ohio office).American Modern Insurance Group, Inc., a Munich Re company, is a recognized specialty insurance leader that delivers products and services for residential property and the recreational market. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $1.9 billion.Headquartered in Amelia, Ohio, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day in a flexible environment.Purpose:Manage/direct the development, analysis, evaluation, and modeling of potential solutions using actuarial and/or predictive modeling methods to support the financial profitability and production goals of the company. Act as a high-level technical expert and work with management to provide strategic direction.Lead projects associated with the development and update of actuarial/predictive models and databases through formula development, research on methodologies, and collaboration on technical items.Roles & Responsibilities:<ul><li>Complete actuarial and/or predictive modeling analyses appropriate for the functional area, including rate filings, ultimate loss projections, pricing studies, and portfolio analysis.</li><li>Direct the modification and enhancement of existing applications to address specific issues.</li><li>Manage and lead communication, documentation, and coordination of information between actuarial departments and internal/external colleagues.</li><li>Lead in the development of new methodologies, products, and procedures for American Modern.</li><li>Peer review technical actuarial and/or predictive modeling work and provide constructive feedback.</li><li>Participate or lead in the training of others on the use of models and the interpretation of results.</li><li>Prepare for and pass actuarial exams and attain appropriate continuing education.</li><li>Ensure all work adheres to applicable Actuarial Standards of Practice.</li><li>Maintain an expert level of technical actuarial and statistical skills.</li><li>Demonstrate ability to apply judgment and problem-solving skills to address complex issues.</li></ul>Required Technical Skills:Proficient computer skills and application of MS Office Suite, including actuarial software used for reserving, ratemaking, pricing, and data analysis.Skills / Knowledge / Experience:Generally, six (6) or more years of (re)insurance/actuarial experience is required.Pricing experience preferred.Education, Certifications & Designations:<ul><li>Bachelor’s Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics, or related field.</li><li>Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS).</li><li>Membership in the American Academy of Actuaries (MAAA).</li></ul>Benefits:<ul><li>Two options for health insurance (PPO or High Deductible).</li><li>Prescription drug coverage.</li><li>Vision and dental insurance plans.</li><li>Short and Long Term Disability coverage.</li><li>Supplemental Life and AD&D plans.</li><li>Voluntary Benefit plans that supplement health and life insurance.</li><li>A robust 401k plan with up to a 5% employer match.</li><li>Paid time off that begins with 24 days each year.</li><li>Eligibility to receive a yearly bonus.</li><li>A variety of health and wellness programs provided at no cost.</li><li>A hybrid environment that gives you a choice in where and how you work.</li><li>An on-site complimentary workout facility and walking trails.</li><li>Financial assistance for adoptions and infertility treatment.</li><li>Tuition assistance and educational achievement bonuses.</li><li>Free parking.</li><li>Paid time off to volunteer in your community.</li></ul>At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve.We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Purpose:Through the development and maintenance of data, systems, and tools, enable the evaluation of risk and profitability by the Actuarial Services department. The candidate should be an individual who works in the actuarial field and has a high interest / experience in data management & application development.Roles & Responsibilities:<ul><li>Direct strategic and tactical planning, development, evaluation and coordination of the information and technology systems for the department and division, where applicable.</li><li>Lead projects that support the analysis, evaluation and modeling of potential solutions using actuarial methods and processes that enable meeting the financial profitability and/or production goals of the company. Work with management and corporate areas to understand and incorporate strategic direction.</li><li>Direct the prioritization of multiple activities for functional area. Lead and manage projects requiring multiple resources which are not direct reports. Balance sometimes conflicting goals.</li><li>Lead in the development of and delivery of value-added services to clients/company, integrating information from other areas into the actuarial system based databases and models.</li><li>Direct the development, maintenance, and enhancement of actuarial analyses as well as ad hoc work products into system-based solutions. Translate complex actuarial models into system designs and specifications.</li><li>Direct the evaluation, selection, implementation and maintenance of the division's internal information systems by supporting the evaluation of alternatives and performing appropriate cost benefit analysis.</li><li>Interact with internal and external contacts to improve quality and knowledge of work product.</li><li>Direct and lead the architecture/design and building of new automated solutions and procedures for the department and division.</li><li>Participate in various activities, client visits or audits as needed. Act as liaison on information technology discussions as appropriate for the functional area. Maintain current knowledge of trends and products in the system technology industries and address the need for development of new methods, products and procedures.</li><li>Provide leadership in the training of actuaries and other relevant areas regarding new and enhanced system solutions and system options, including advanced excel training specific to daily tasks.</li><li>Lead in the creation of and ensure adherence to standards of documentation, quality control, data governance, and Software Development Life Cycle (SDLC) methodology, including design, peer, and code review as well as ICS and IDP policies/controls. May lead in testing of internal controls for other units within the department.</li><li>Be a steward of data quality at AMIG; identify issues and areas for improvement. Take known issues to Data Governance and represent the department in efforts to correct data issues and promote data quality for the broader organization.</li><li>Lead in the creation of data sets to be used by analysts that combine multiple complex data sources into a format that is suitable for analysis</li><li>Lead in the exploration of alternative internal and external data sources</li></ul>Required Technical Skills:<ul><li>Knowledge of actuarial techniques, property/casualty (re)insurance, accounting and finance</li><li>Strong/In-depth knowledge of systems and data structures, with applicability towards insurance operations, such as Databricks, Azure Data Lake Service, SQL Server Databases, and Azure Data Factory</li><li>Expert working knowledge of analytical tools including Python, R, MS Excel and Access, VBA, TM1, Cognos, SAS, R, Power BI</li><li>Some experience of user interface coding such as JavaScript</li><li>Strong project management skills and experience.</li><li>Expert knowledge of SQL</li><li>In depth analytical and mathematical skills</li><li>Strong knowledge of industry source of information</li></ul>Required Core Competencies:<ul><li>Cultivates Innovation</li><li>Interpersonal Savvy</li><li>Strategic Mindset</li><li>Plans and Aligns</li><li>Communicates Effectively</li><li>Develops Talent</li></ul>Additional Details:Excellent oral and written communication skills including the ability to explain technical concepts to non-technical people. Ability to schedule and prioritize work demands, including multi-tasking and ability to coordinate projects. Ability to develop relationships in the organization. Ability to apply judgment and problem-solving skills to address complex issues. Must be action-oriented.Education & Experience:<ul><li>Bachelor's degree in Information Systems, Actuarial Science, Mathematics, Statistics, Economics or related field, graduate degree preferred.</li><li>4+ years of technical experience and 2+ years of experience working with Actuaries required.</li><li>Passed at least 2 exams for CAS/SOA designation.</li></ul>

Actuarial Analysts with American Modern Insurance Group (part of Munich Re) have the opportunity to work in three primary areas that will develop their actuarial skills: Pricing, Reserving and Predictive Modeling. Work in these areas involves the following types of activities:<ul><li>Pricing</li><li>Development of rate level indications for all lines of business</li><li>Selection of pricing levels for each state and line in close collaboration with Product Management</li><li>Development of strategies to drive profitable growth</li><li>Filing support for rate changes</li><li>Development of profitability scorecards that drive strategy and resource allocation</li><li>Annual Loss Ratio Planning</li><li>Special Projects</li><li>Predictive Modeling</li><li>Data preparation and cleansing for modeling</li><li>Statistical modeling using R</li><li>Pricing Model implementation support</li><li>Statistical Modeling to support Marketing, Underwriting and Claims</li><li>Reserving</li><li>Analysis of Loss and Loss Adjustment Reserves</li><li>Monitoring of Reserve Adequacy</li><li>Development of Quarterly IBNR Booking Amounts</li><li>Special Projects</li><li>Financial Reporting including support for Annual Statement Reporting, IFRS Reporting and Solvency II</li><li>Cooperation with Internal and External Auditors and Consultants</li><li>Interact with other Reserving Actuaries in North America</li></ul>In addition, actuarial analysts will have the opportunity to enhance and further develop their business acumen by working and interacting with associates from Claims, Underwriting, Product Management, Finance, IT, Portfolio Analysis and other areas of the company.Required:<ul><li>Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.</li><li>GPA 3.2 or higher</li><li>Successful completion of 1 or more actuarial exams</li><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts.</li><li>Demonstrated ability to think logically and perform analysis in a timely manner.</li><li>Solid written and oral communication skills.</li><li>Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros</li></ul>Preferred:<ul><li>GPA 3.5 or higher</li><li>Successful completion of 2 or more actuarial exams</li><li>2+ years experience in Property Casualty Insurance</li><li>Actuarial Internship strongly desired</li></ul>Location: Amelia/Cincinnati, Ohio (open to remote working Eastern Time zone)

Company: American Modern Insurance Group (part of Munich Re)Location: Cincinnati, United States (open to remote working Eastern Time zone)Actuarial Analysts with American Modern Insurance Group have the opportunity to work in three primary areas that will develop their actuarial skills: Pricing, Reserving and Predictive Modeling. Work in these areas involves the following types of activities:<ul><li>Pricing</li><li>Development of rate level indications for all lines of business</li><li>Selection of pricing levels for each state and line in close collaboration with Product Management</li><li>Development of strategies to drive profitable growth</li><li>Filing support for rate changes</li><li>Development of profitability scorecards that drive strategy and resource allocation</li><li>Annual Loss Ratio Planning</li><li>Special Projects</li><li>Predictive Modeling</li><li>Data preparation and cleansing for modeling</li><li>Statistical modeling using R</li><li>Pricing Model implementation support</li><li>Statistical Modeling to support Marketing, Underwriting and Claims</li><li>Reserving</li><li>Analysis of Loss and Loss Adjustment Reserves</li><li>Monitoring of Reserve Adequacy</li><li>Development of Quarterly IBNR Booking Amounts</li><li>Special Projects</li><li>Financial Reporting including support for Annual Statement Reporting, IFRS Reporting and Solvency II</li><li>Cooperation with Internal and External Auditors and Consultants</li><li>Interact with other Reserving Actuaries in North America</li></ul>In addition, actuarial analysts will have the opportunity to enhance and further develop their business acumen by working and interacting with associates from Claims, Underwriting, Product Management, Finance, IT, Portfolio Analysis and other areas of the company.Required:<ul><li>Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.</li><li>GPA 3.2 or higher</li><li>Successful completion of 1 or more actuarial exams</li><li>Strong analytical abilities including understanding of advanced mathematics and statistical concepts.</li><li>Demonstrated ability to think logically and perform analysis in a timely manner.</li><li>Solid written and oral communication skills.</li><li>Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros</li></ul>Preferred:<ul><li>GPA 3.5 or higher</li><li>Successful completion of 2 or more actuarial exams</li><li>2+ years experience in Property Casualty Insurance</li><li>Actuarial Internship strongly desired</li></ul>

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