American Modern Insurance Group · 1 day ago
Associate Actuary - Claims
Cincinnati Metro
Full-time
Hybrid
Mid, Senior Level
5+ years expAmerican Modern Insurance Group is a national leader in the specialty insurance business, seeking a credentialed actuary to join their Claims department. The Claims Actuary will analyze claims performance, monitor loss adjustment expenses, and collaborate with various teams to enhance business growth.
InsuranceReal Estate
No H1B
Responsibilities
Analyses of frequency and severity trends and drivers
Identify opportunity areas regarding claims performance
Monitor loss adjustment expenses and look for ways to optimize expenses
Validate initial case reserving methodology and values
Monitor case reserve adequacy and trends
Collaborate on Catastrophe bulk reserve establishment
Measure and forecast the benefits of claims initiatives
Facilitate interdepartmental discussions on claim observations and initiatives
Lead in the development of new or enhancements to claims reporting
Interact regularly with Claims, Product Management, Actuarial Pricing, Reserving, and Finance
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
Qualification
Required
Demonstrated commitment and continued pursuit of FCAS designation
5+ Years' experience in an actuarial capacity in Property Casualty Insurance
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis
Strong analytical abilities including understanding of advanced mathematics and statistical concepts
Demonstrated ability to think logically and perform analysis in a timely manner
Demonstrated superior level of written and oral communication skills
Demonstrated ability to interact effectively with areas of the company outside Actuarial
Strong command of Excel and either Access or P/L SQL
Some knowledge of programming in Visual Basic for Applications (VBA)
Preferred
ACAS or FCAS
Experience working with Predictive Modeling
Some management experience
Benefits
Two options for your health insurance plan (PPO or High Deductible)
Prescription drug coverage (included in your health insurance plan)
Vision and dental insurance plans
Short and Long Term Disability coverage
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
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, with more days added when you celebrate milestone service anniversaries
Eligibility to receive a yearly bonus as a Munich Re employee
A variety of health and wellness programs provided at no cost
A hybrid environment that gives you a choice in where and how you get work done
A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
An on-site complimentary workout facility as well as walking trails on campus grounds
On-site wellness center complete with nurse practitioner
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 that further enhances your charitable donation
Paid time off to volunteer in your community
Company
American Modern Insurance Group
American Modern companies provide insurance solutions for customers.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Andreas Kleiner
CEO & President
Shannon Lewandowski
Innovation and Digtal
Recent News
2025-12-16
2025-11-21
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