Associate Actuary

Passionate about Actuarial Science? Join American Modern Insurance and make a difference in the industry.

Title:

Associate Actuary (ACAS)

Location:

Open to remote candidates that are available to work the typical business hours in the Eastern Time Zone. Hybrid schedule for local candidates (40-50% in the Amelia, OH office)

Recruiter:
Sonya Fischesser

Exempt 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 — 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.

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.

• Complete actuarial and/or predictive modeling analyses appropriate for the functional area, including 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.
• Direct the modification and enhancement of existing applications to address specific issues; coordinate and prioritize the use of actuarial and/or predictive modeling resources for assigned tasks.
• Direct the completion of required data preparation, including data input; identify complex data and operational issues requiring specialized actuarial attention and take action to address them.
• Manage and/or lead communication, documentation and coordination of information; resolve technical issues and facilitate activities between actuarial departments and internal & external colleagues (business units, IT, etc.).
• Lead development of new methodologies, products and procedures; maintain current knowledge of trends and products in the (re) insurance industries.
• Peer‑review technical actuarial and/or predictive modeling work and provide constructive feedback; coach less experienced employees as needed.
• Participate or lead training of others (underwriters, product analysts, accountants, actuaries, claims associates) on the use of models/studies/reviews and interpretation of results.
• Manage the work of those who are not direct reports, including other actuaries, predictive modelers, programmers and support staff as needed.
• Prepare for and pass actuarial exams; attain appropriate continuing education according to the American Academy of Actuaries' US Qualification Standard.
• Ensure all work and work products adhere to applicable Actuarial Standards of Practice as promulgated by the American Academy of Actuaries.
• Maintain an expert level of technical actuarial and statistical skills and concepts; adapt to varying and changing product dynamics and provide efficient, effective methods appropriate for the functional area; share this knowledge with others.
• Demonstrate ability to apply judgment and problem‑solving skills to address complex, high‑profile issues.

Proficient computer skills and application of MS Office Suite, including actuarial software used for…