What are the responsibilities and job description for the Market Model Analyst position at American Modern Insurance Group?
Company
American Modern Insurance Group
Location
Cincinnati , United States
Title: Market Model Analyst
Location: current schedule is hybrid (40-50% in the Amelia, Ohio office)
Recruiter: Sonya Fischesser
Exempt position
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.
Purpose:
Market Model Analysts assist the Product Leads in making model pricing selections while also researching competitor activity in the marketplace. This role will work towards being a disruptor in the industry.
Roles & Responsibilities:
- Work with Predictive Modeling on finding support and determining new model selections.
- Maintain all countrywide filing support documentation based on new models.
- Assist in analyzing, identifying, and tracking new market trends, including underwriting, rate actions, and proposing what actions to take.
- Assist in line specific make/model updates.
- Facilitate, while working with other departments, creation of product strategy, countrywide underwriting revisions, and countrywide requirement updates.
- Assist in audit functions as needed.
Required Technical Skills:
- Strong command of Excel (including macros), MS Office Suite applications, and computer systems.
- Knowledge of data gathering and manipulation techniques and tools such as Access, SQL.
- Strong analytical abilities including mathematics and statistical concepts.
- Use of RADAR for impact, rate structure, quality and market analysis.
Required Core Competencies:
- Financial Acumen
- Customer Focus
- Business Insight
- Collaborates
Education, Certifications & Designations:
Preferred: Bachelor’s degree Business, Accounting, Finance or similar field
Required: MBA or similar advanced degree, CPCU and/or FCAS
We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
- Two options for your health insurance plan (PPO or High Deductible)
- Prescription drug coverage (included in your health insurance plan)
- Vision and dental insurance plans
- Short and Long Term Disability coverage
- Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
- Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
In addition to the above insurance offerings, our employees also enjoy:
- A robust 401k plan with up to a 5% employer match
- A retirement savings plan that is 100% company funded
- Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
- Eligibility to receive a yearly bonus as a Munich Re employee
- A variety of health and wellness programs provided at no cost
- A hybrid environment that gives you a choice in where and how you get work done
- A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
- An on-site complimentary workout facility as well as walking trails on campus grounds
- On-site wellness center complete with nurse practitioner
- Financial assistance for adoptions and infertility treatment
- Paid time off for eligible family care needs
- Tuition assistance and educational achievement bonuses
- Free parking
- A corporate matching gifts program that further enhances your charitable donation
- Paid time off to volunteer in your community
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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