Actuary - Predictive Modeler
Company: Cincinnati Insurance Company, Inc.
Posted on: September 21, 2023
Make a difference with a career in insurance
At The Cincinnati Insurance Companies, we put people first and
apply the Golden Rule to our daily operations. To put this into
action, we're looking for extraordinary people to join our talented
team. Our service-oriented, ethical, knowledgeable, caring
associates are the heart of our vision to be the best company
serving independent agents. We help protect families and businesses
as they work to prevent or recover from a loss. Share your talents
to help us reach for continued success as we bring value to the
communities we serve and demonstrate that Actions Speak Louder in
If you're ready to build productive relationships, collaborate
within a diverse team, embrace challenges and develop your skills,
then Cincinnati may be the place for you. We offer career
opportunities where you can contribute and grow.
Start your journey with us
Our Small Business Analytics department has an opening in our
corporate headquarters located in Fairfield, Ohio. We are seeking a
predictive modeler to support predictive analytics efforts in small
business commercial lines, including implementation of models.
The starting salary range for this position is $85,000 - $140,000
annually. The pay determination is based on the applicant's
education, experience, location, knowledge, skills and abilities.
Eligible associates may also receive an annual cash bonus and stock
incentives based on company and individual performance.
Be ready to :
- produce actuarial/modeling analyses related to rate adequacy,
competitive market position, model bias, and residual lift.
- gain high-level knowledge of actuarial techniques for
ratemaking and insurance modeling
- gain expertise in all data systems available to Predictive
Analytics and understand the contents and limitations of each
- explore new data systems as they become available and document
the contents and limitations of each Qualification: Be equipped
Qualified candidates will possess many, but not necessarily all, of
- at least three years of predictive modeling or
property/casualty actuarial experience
- proficiency with Microsoft Excel
- experience with VBA, SQL, SAS, R and/or Python
- experience with other programming languages, such as Java or
- ability to research data contents, evaluate data quality, scrub
data, and validate results
- ability to write business requirements and to relate business
and actuarial needs to data construction and coding
- ability to articulate complex technical concepts to
- thorough understanding of insurance concepts and P/C insurance
- excellent documentation standards and communication skills
- advanced degree in statistics, mathematics, economics,
actuarial science, or other related fields
- graduate degree or Ph.D. is preferred Enhance your talents
Providing outstanding service and developing strong relationships
with our independent agents are hallmarks of our company. Whether
you have experience from another carrier or you're new to the
insurance industry, we promote a lifelong learning approach.
Cincinnati provides you with the tools and training to be
successful and to become a trusted, respected insurance
professional - all while enjoying a meaningful career.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices
and creating solutions that impact lives is appreciated.To increase
the well-being and satisfaction of our associates, we offer a
variety of benefits and amenities. Learn more about our benefits
and amenities packages.
Many departments at our Headquarters in Fairfield, Ohio, offer
hybrid work options, empowering associates to work from home
several days a week. Depending on your role and responsibilities,
hybrid options may be available.
Embrace a diverse team
As a relationship-based organization, we welcome and value a
diverse workforce. We provide equal employment opportunity to all
qualified persons without regard to race; creed; color; sex,
including sexual orientation, gender identity and transgender
status; religion; national origin; age; disability; military
service; veteran status; pregnancy; AIDS/HIV or genetic
information; or any other basis prohibited by law. Learn More.
Keywords: Cincinnati Insurance Company, Inc., Middletown , Actuary - Predictive Modeler, Accounting, Auditing , Somerville, Ohio
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