• Actuarial Analyst

    Location US-OH-Cincinnati
    Posted Date 1 month ago(10/24/2019 3:07 PM)
    Job ID
    25892
    # Positions
    1
    Category
    Actuary
    Position Type
    Full Time
  • Overview

    Be Here. Be Great.  Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group, a member of American Financial Group, is a Fortune 500 company consistently recognized as a top place to work.  We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.

     

    Great American Insurance’s Annuity Group is looking for a talented and motivated candidate to join our annuity pricing and product development team.

    Responsibilities

    • Analyze the risk of product designs and suggest design changes to mitigate the exposures, as appropriate
    • Assist with the pricing and modeling of deferred and immediate annuities, as well as income riders
    • Communicate pricing results to more senior actuaries
    • Assist in the implementation and verification of new products and product updates in the administrative system and associated new business processes
    • Monitor differences between pricing assumptions vs. actual experience and analyze how  these differences impact product profitability
    • Build and maintain relationships with colleagues in Risk Management, Valuation, Planning, Finance, Sales and Marketing and IT
    • Be able to explain difficult concepts in straightforward and understandable terms to both actuarial groups and non-actuarial groups
    • Perform other duties as assigned

    Qualifications

    • Bachelor's degree or equivalent.
    • Passed 1 or more of the exams towards Associateship in the Society of Actuaries (ASA).
    • Excellent communication, interpersonal and organizational skills.
    • 1 to 3 years of life or annuity experience.

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