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Junior Actuarial Specialist
Junior Actuarial SpecialistMunich Reinsurance America, Inc. • Norfolk, VA, United States
Junior Actuarial Specialist

Junior Actuarial Specialist

Munich Reinsurance America, Inc. • Norfolk, VA, United States
[job_card.variable_days_ago]
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  • [job_card.full_time]
[job_card.job_description]

Join American Modern Insurance and take your passion for actuarial science to the next level!

Title : Junior Actuarial Specialist (ACAS)

Location : Remote candidates must be available during typical business hours in the Eastern Time Zone. Local candidates may follow a hybrid schedule, working 40-50% in the Amelia, OH office.

Recruiter : Sonya Fischesser

This is an exempt position. Please note that applicants requiring employer visa sponsorship will not be considered.

American Modern Insurance Group, Inc., a subsidiary of Munich Re, is a recognized leader in specialty insurance, offering innovative products for residential properties and recreational markets, including manufactured homes and classic cars. With a premium volume of $1.9 billion and operations in all 50 states, we provide solutions that the competition often misses.

Located in Amelia, Ohio, we are part of Munich Re's Global Specialty Insurance division. Our employees encounter endless opportunities to advance their careers in a flexible environment that nurtures both professional and personal success.

Purpose :

As a Junior Actuarial Specialist, you will assist in developing and evaluating actuarial and predictive modeling solutions to support our financial goals. You will collaborate with management and other corporate areas to provide strategic insights and lead projects related to actuarial models.

Key Responsibilities :

  • Conduct actuarial and predictive modeling analyses, including rate filings and pricing studies.
  • Lead the enhancement of existing applications to address specific business needs.
  • Oversee the preparation of data for analysis, identifying and resolving complex operational issues.
  • Coordinate communication and documentation of technical issues between actuarial departments and cross-functional teams.
  • Contribute to the development of new methodologies and maintain knowledge of industry trends.
  • Review technical actuarial work for quality and coach junior team members.
  • Facilitate training for colleagues on model usage and interpretation of results.
  • Manage collaborations with indirect reports, including actuaries and data specialists.
  • Pursue continued education by preparing for and passing actuarial exams.
  • Ensure all work adheres to applicable actuarial standards.
  • Demonstrate strong judgment and problem-solving skills in addressing complex issues.

Required Technical Skills :

Proficient with MS Office Suite and actuarial software for data analysis and modeling.

Qualifications :

  • Bachelor's Degree in Mathematics, Actuarial Science, Economics, Finance, Statistics, or a related field.
  • Membership in the Casualty Actuarial Society with Associateship (ACAS).
  • Membership in the American Academy of Actuaries (MAAA).
  • We offer our employees a comprehensive range of benefits :

  • Health insurance options (PPO or High Deductible).
  • Prescription drug coverage.
  • Vision and dental insurance.
  • Short and long-term disability coverage.
  • Supplemental life and AD&D plans.
  • Voluntary benefits, including critical illness and accident coverage.
  • Additional employee perks include :

  • A robust 401k plan with up to 5% employer match.
  • A fully company-funded retirement savings plan.
  • Generous paid time off, starting at 24 days annually.
  • Eligibility for annual bonuses as a Munich Re employee.
  • A variety of no-cost health and wellness programs.
  • A hybrid work environment.
  • On-site cafeteria and coffee shop.
  • Complimentary on-site workout facilities.
  • A wellness center with a nurse practitioner.
  • Financial assistance for adoptions and infertility treatments.
  • Tuition assistance and educational achievement bonuses.
  • Paid time off for volunteering in the community.
  • American Modern values diversity and inclusion, striving to create an inclusive workplace where everyone feels respected and empowered. We aim to hire and develop talent that reflects the communities we serve.

    We are an equal opportunity employer and reasonable accommodations may be made for individuals with disabilities.

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