Atlanta / Parsippany /Philadelphia/ Chicago
At AIG, we are reimagining the way we help customers to manage risk. Join us as the Transactional Actuarial Analyst to take on key responsibilities within a world-class actuarial function.
Make your mark in Actuarial
Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.
How you will create an impact
Transactional Actuary will be responsible for assisting on individual account pricing reviews for the Retail Excess Casualty business. The lines of business include general liability and commercial auto for excess coverages. Pricing responsibilities include communication of actuarial pricing to underwriters, clients and brokers.
- You will be expected to actively manage the deal pipeline with underwriters, while delivering within tight deadlines.
- Participate in peer reviews and impact analyses of default parameters within the pricing tools.
- Participate in ad hoc projects around different initiatives of our group. Communicate results of the projects to a variety of technical and non-technical audiences across the organization.
- Work in close collaboration with key internal business partners from a variety of functional areas to ensure the success of underwriting and pricing strategies.
What you'll need to succeed
- 4+ CAS Exams
- 2+ years of relevant actuarial experience in Casualty/Specialty
- Ability to work independently and as a team player
- Excellent analytical and quantitative skills
- Strong influencing skills - ability to work with cross-functional teams to gather inputs and align objectives and recommendations.
- Excellent communication skills - ability to communicate with clarity across the organization.
- Programming skills (VBA, SQL, Python, R, etc.)
- Creative problem solving
Preferred qualifications
- Pricing experience in automobile liability, general liability, umbrella and excess lines, or other commercial products preferred
Ready to set new industry standards? We would love to hear from you.
#LI-CM1 #Actuary #Actuarial #Pricing
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf
Functional Area:
AC - Actuarial
National Union Fire Insurance Company of Pittsburgh, Pa.
Working at
AIG
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.