Long Term Actuarial Intern

3 weeks ago

Cincinnati, United States Munich Re Full time
Long Term Actuarial Intern Company American Modern Insurance Group Location Cincinnati , United States

Actuarial Long Term Intern

Location: Amelia / Cincinnati, Ohio (open to remote, working Eastern Time Zone business hours)

Applicants requiring employer sponsorship of a visa will not be considered for this position.

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Job Description :
  • Development of rate level indications for all lines of business
  • Selection of pricing levels for each state and line in close collaboration with Product Management
  • Development of strategies to drive profitable growth
  • Filing support for rate changes
  • Development of profitability scorecards that drive strategy and resource allocation
  • Annual Loss Ratio Planning
  • Special Projects


Qualifications :

* Must be a recent graduate or graduating in the next 12 months.
  • Completed Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis.
  • GPA 3.2 or higher
  • Successful completion of 1 or more actuarial exams
  • Strong analytical abilities including understanding of advanced mathematics and statistical concepts.
  • Demonstrated ability to think logically and perform analysis in a timely manner.
  • Solid written and oral communication skills.
  • Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros


At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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