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American Modern Insurance Group · 9 hours ago

Sr. Product Operations Manager (P&C Insurance)

Cincinnati Metro

Full-time

Hybrid

Senior Level

6+ years exp

American Modern Insurance Group is a widely recognized specialty insurance leader that delivers products and services for residential property and recreational markets. The Sr. Product Operations Manager will manage and direct the development, analysis, evaluation, and modeling of potential solutions using actuarial and predictive modeling methods to support the company's financial profitability and production goals.

InsuranceReal Estate

No H1B

Responsibilities

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

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

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

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 (business units, IT, etc

Lead in development of new methodologies, products and procedures for American Modern. 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 as needed. Coach less experienced employees as needed

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

Manage the work for 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 US Qualification Standard issued by the American Academy of Actuaries

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 set of products and dynamics and provide the most efficient and effective methods appropriate for the functional area. Ability to share this knowledge with others

Demonstrate ability to apply judgment and problem solving skills to address different, complex and high profile issues

Qualification

Actuarial SciencePredictive ModelingData AnalysisACAS CertificationMS Office SuiteMathematics DegreeCommunication SkillsProblem SolvingTeam Leadership

Required

Bachelor's Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics or related Field requiring modeling, programming, or quantitative analysis

Membership in the Casualty Actuarial Society with the attainment of Associateship (ACAS)

Membership in the American Academy Of Actuaries (MAAA)

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 and to possess the skills to act as a high level technical expert

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