Nate Schmitt

Nate Schmitt

Actuarial Analyst I

Followers of Nate Schmitt283 followers
location of Nate SchmittCincinnati Metropolitan Area

Connect with Nate Schmitt to Send Message

Connect

Connect with Nate Schmitt to Send Message

Connect
  • Timeline

  • About me

    Innovator ‖ Mentor ‖ Actuary and Director at Great American Insurance Group

  • Education

    • Ball State University

      2003 - 2006
      Actuarial Science Actuarial Science
  • Experience

    • Ohio Casualty Group

      May 2006 - Jun 2007
      Actuarial Analyst I
    • Liberty Mutual Insurance

      Jun 2007 - Jul 2017

      State Actuarial Support- Actuarial support for multiple lines across all Liberty Mutual Personal Lines brands Product Design and Modeling- Model multiple perils of new Homeowner's product- Streamlined modeling dataset creation- Vendor testing NIA Specialty, Programs and Umbrella- Monthly profitability, rate monitoring and sale reports- Captive analysis- Off-site presentations to clients Homeowner's Metrics Monitoring- Identified and analyzed drivers of loss trends Personal Auto Pricing- Rate reviews and filing support

      • Senior Actuarial Analyst

        Jul 2016 - Jul 2017
      • Senior Actuarial Analyst

        Jul 2015 - Jul 2016
      • Actuarial Analyst

        Jul 2013 - Jul 2015
      • Actuarial Analyst

        Jul 2012 - Jul 2013
      • Actuarial Analyst

        Jun 2007 - Jul 2012
    • The Cincinnati Insurance Companies

      Jul 2017 - Sept 2022

      Corporate Actuarial- Allocate Ceded Premiums to State, Line of Business and Agency level- Fit large loss curves for Casualty lines- Develop Casualty CAT analysis- Reconcile Property CAT outputs from multiple models and modelers- Assist with annual reinsurance renewal Personal Lines Auto Pricing- Update executives on rate adequacy and states of concern- Deliver pricing and filing support for new company launch- Manage summer interns

      • Actuary

        May 2021 - Sept 2022
      • Associate Actuary

        Jul 2017 - May 2021
    • Great American Insurance Group

      Sept 2022 - now
      • Divisional Assistant Vice President - Actuarial

        Oct 2024 - now
      • Actuary and Director

        Sept 2022 - Nov 2024
  • Licenses & Certifications

    • Fellow in the Casualty Actuarial Society (FCAS)

      Casualty Actuarial Society
      Feb 2021