Melbourne

Sydney

Part Qualified

Associate

Qualified

Investments

Health

Property & Casualty

Reserving

Reporting

Risk

Python

Modelling

Data Science

Experience Analysis

Coding

Pricing

Valuation

Excel

AIG, or American International Group, is a multinational insurance corporation founded in 1919. It provides a diverse portfolio of insurance products and services to clients in over 80 countries. AIG is known for its expertise in property, casualty and life insurance, as well as risk management solutions for businesses worldwide. It emphasizes resilience, customer satisfaction, and global reach.

Join us in Regional Reserving Actuary, APACTake your actuarial career to the next level with a global market leader.Make your mark in ActuarialOur 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 impactThe successful candidate will support the AIG APAC insurance business and work as a member of the APAC actuarial team to achieve goals and deliver on strategic initiatives.The candidate is expected to work as part of the regional team to provide actuarial advice to business functions including profit centres, underwriting, finance, and risk management, and provide local regulatory support for the assigned APAC countries.Key accountabilities will include but are not limited to:<ul><li>Coordinate US GAAP quarterly management reporting requirements with the regional tower leads.</li><li>Assist in supporting strategic portfolio reviews and deep dive analyses of certain business segments within APAC.</li><li>Preparation of local regulatory reporting for AIG’s Australia and New Zealand offices. This includes:
<ul><li>Quarterly Board and Risk committee reporting.</li><li>Quarterly valuation, solvency calculations, and IFRS 17 disclosures.</li><li>Annual Insurance Liability Valuation Report and Financial Condition / Stress Testing Report.</li></ul></li><li>Review of capital projections and investment strategies including ALM (“Asset Liability Matching”).</li><li>Provide support to the budget loss ratio exercise and annual financial planning.</li><li>Assist in other ad-hoc analyses as required.</li></ul>What you’ll need to succeed<ul><li>Minimum 3 years of General Insurance experience, preferably reserving in long tail lines.</li><li>Proficiency in actuarial concepts/methodologies and ability to educate non-technical managers on technical areas that enhance their decision-making ability.</li><li>Strong analytical and problem-solving skills.</li><li>Effective project and time management and strong communication skills.</li><li>Ability to manage multiple tasks simultaneously.</li><li>Ability to work as part of a team as well as take responsibility for individual contributions.</li><li>Ability to meet tight deadlines and prioritise own work.</li><li>Ability to forge relationships with other areas of the business.</li><li>Working knowledge of typical actuarial reserving software.</li><li>Professional behaviour with a high level of integrity.</li></ul>Ready to make a bigger impact? We look forward to reviewing your application.Enjoy benefits that take care of what mattersAt 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.Reimagining insurance to make a bigger difference to the worldAmerican 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 inclusionWe’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 learning, cultural awareness activities, and Employee Resource Groups (ERGs).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.Functional Area: AC - Actuarial

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Analyst to develop your skill set across both pricing and reserving in a fast-paced, collaborative, agile environment. It’s an opportunity to make a high impact as a valued member of the team in a transforming business.AIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. Operating for more than 50 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate, and SME clients.Make your mark in ActuarialOur 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 impactThe AIG Actuarial team is made up of Reserving and Pricing Actuaries. Reserving Actuaries quantify reserving losses for AIG’s major regulated and rated insurance operating companies. Portfolio Analytics and Pricing Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics, and performance measurement in collaboration with Underwriters, Distribution, Operations, and Financial Management.As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk.The successful candidate will support the Australian Appointed Actuary as well as local pricing Actuaries. The candidate will be a member of the wider APAC actuarial team and may be tasked with providing actuarial advice to the business functions including profit centres, underwriting, finance, and risk management.Key accountabilities will include but are not limited to:<ul><li>Preparation of US GAAP quarterly management results and local GAAP quarterly reserving and solvency estimates for local regulatory reporting for Australia.</li><li>Preparation of annual Detailed Valuation Reviews, Insurance Liability Valuation Report, and Financial Condition / Stress Testing Report.</li><li>Assist with implementation of IFRS 17 reporting requirements.</li><li>Preparation of quarterly Board and Risk committee reporting.</li><li>Review of capital targets and investment strategies including ALM.</li><li>Provide support to the budget loss ratio exercise and annual financial planning.</li><li>Assist in supporting strategic portfolio reviews and deep dive analyses of certain business segments.</li><li>Use strong statistical and actuarial skills to analyze business segments, identify key profit/performance drivers, and recommend actionable insights to drive improved performance and profit.</li><li>Individual large account pricing.</li><li>Assist in other ad-hoc analyses as required.</li></ul>What you’ll need to succeed<ul><li>Bachelor's degree in Actuarial Science, Mathematics, Statistics, or other quantitative degrees; (transcripts may be required at interview stage).</li><li>At least 2 years’ general insurance experience.</li><li>Proficiency in actuarial reserving concepts/methodologies and ability to educate non-technical managers on technical areas that enhance their decision-making ability.</li><li>Ability to manage multiple tasks simultaneously.</li><li>Ability to meet tight deadlines and prioritize own work.</li><li>Effective project & time management and strong communication skills.</li><li>Strong analytical and problem-solving skills.</li><li>Ability to forge relationships with other areas of the business.</li><li>Professional behavior with a high level of integrity.</li><li>Proficiency in Excel.</li><li>Knowledge of SQL, SAS, and VBA.</li></ul>Ready to maximize your impact whilst taking your development to the next level? We look forward to reviewing your application.Reimagining insurance to make a bigger difference to the worldAmerican 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.Welcome to a culture of belongingWe’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, and cultural awareness activities.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.

Who we areWe are a leading global insurance organisation with operations in approximately 70 countries and jurisdictions. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and provide for retirement security.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. We’re also committed to making a positive difference for our people and in the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change.We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off program.Get to know the businessAIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.About the roleThe Pricing Actuary is responsible for enhancing pricing and portfolio management across a range of commercial lines products.About the TeamThe successful candidate will be supporting AIG Australia’s senior pricing actuaries to achieve business goals and deliver on strategic initiatives. The role reports to the Head of Actuarial Australia and New Zealand and sits in the Australian actuarial team of 7, and part of a broader APAC regional actuarial team of 40&#43; actuaries.What you need to know<ul><li>Building and continual improvement of portfolio monitoring and analytics frameworks</li><li>Develop and implement best practice pricing models, including customer behaviour (conversion/retention/cancellation), claims, and pricing scenarios</li><li>Support continual refinement of rating models using advanced analytics and predictive modelling techniques on internal and external data</li><li>Assist with detailed profitability studies by segment, aligned with local and regional product tower requirements, to support strategy and risk appetite.</li><li>Assist with strategic portfolio reviews of required business segments</li><li>Assist in other ad-hoc analyses as required.</li><li>Drive a culture that promotes engagement and collaboration.</li><li>Manage and mentor junior resources</li></ul>What we’re looking for:<ul><li>Statistical/actuarial or related degree background.</li><li>Proven experience in pricing and portfolio management and modelling across commercial lines including SME business packages and/or financial lines and liability</li><li>Experience in programming across at least one of Python, R, and SQL an advantage</li><li>Experience with databases and proficient data extraction/manipulation skills.</li><li>Demonstrated problem solving and ability to synthesize complex issues into clear and actionable advice for non-technical audiences to support business problems</li><li>Ability to manage multiple tasks, working as part of a team, as well as taking responsibility for individual contribution.</li><li>Strong knowledge of Australian general insurance market.</li><li>Strong communication skills</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare&#64;aig.com. Reasonable accommodations will be determined on a case-by-case basis.

Who we areWe are a leading global insurance organisation with operations in approximately 70 countries and jurisdictions. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services.These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and provide for retirement security. What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. We’re also committed to making a positive difference for our people and in the communities where we work and live.It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off program.Get to know the businessAIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.About the roleBased in Melbourne OR Sydney, the Pricing Actuary is responsible for enhancing pricing and portfolio management across a range of commercial lines products.About the TeamThe successful candidate will be supporting AIG Australia’s senior pricing actuaries to achieve business goals and deliver on strategic initiatives. The role reports to the Head of Actuarial Australia and New Zealand and sits in the Australian actuarial team of 7, and part of a broader APAC regional actuarial team of 40&#43; actuaries.What you need to know<ul><li>Building and continual improvement of portfolio monitoring and analytics frameworks</li><li>Develop and implement best practice pricing models, including customer behaviour (conversion/retention/cancellation), claims, and pricing scenarios</li><li>Support continual refinement of rating models using advanced analytics and predictive modelling techniques on internal and external data</li><li>Assist with detailed profitability studies by segment, aligned with local and regional product tower requirements, to support strategy and risk appetite.</li><li>Assist with strategic portfolio reviews of required business segments</li><li>Assist in other ad-hoc analyses as required.</li><li>Drive a culture that promotes engagement and collaboration.</li><li>Manage and mentor junior resources</li></ul>What we’re looking for:<ul><li>Statistical/actuarial or related degree background.</li><li>Proven experience in pricing and portfolio management and modelling across commercial lines including SME business packages and/or financial lines and liability</li><li>Experience in programming across at least one of Python, R, and SQL an advantage</li><li>Experience with databases and proficient data extraction/manipulation skills.</li><li>Demonstrated problem solving and ability to synthesize complex issues into clear and actionable advice for non-technical audiences to support business problems</li><li>Ability to manage multiple tasks, working as part of a team, as well as taking responsibility for individual contribution.</li><li>Strong knowledge of Australian general insurance market.</li><li>Strong communication skills</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Who we areWe are a leading global insurance organisation with operations in approximately 70 countries and jurisdictions. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty.We’re also committed to making a positive difference for our people and in the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off program.Get to know the businessAIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.About the roleThe Pricing Actuary is responsible for developing and maintaining pricing and portfolio management across a range of Commercial Lines products with a particular focus on the SME segment.About the TeamThe successful candidate will be supporting AIG Australia’s pricing actuaries to achieve goals and deliver on strategic initiatives.  The role reports to the Head of Actuarial Australia and New Zealand and sits in the Australian actuarial team of 7, and part of a broader APAC regional actuarial team of 40&#43; actuaries.What you need to knowKey accountabilities will include but not limited to:<ul><li>Building and continual improvement of portfolio monitoring and analytics frameworks</li><li>Develop and implement best practice pricing models, including customer behaviours (conversion/retention/cancellation), claims, and pricing scenarios</li><li>Support continual refinement of rating models by performing advanced analytics and predictive modelling analyses on internal and external data</li><li>Assist with detailed profitability studies by segment, aligned with local and regional product tower requirements, to support strategy and risk appetite.</li><li>Assist in supporting strategic portfolio reviews and deep dive analyses of required business segments</li><li>Assist in other ad-hoc analyses as required.</li><li>Drive a culture that promotes engagement and collaboration. Manage and mentor junior resources</li></ul>What we’re looking for:<ul><li>Statistical/actuarial or related degree background.</li><li>Minimum 5 years’ experience including significant pricing and modelling experience</li><li>Expert in programming across at least one of Python, R, and SQL</li><li>Experience with databases and proficient data extraction/manipulation skills.</li><li>Demonstrated problem solving and ability to synthesize complex issues into clear and actionable advice for non-technical audiences to support business problems</li><li>Ability to manage multiple tasks, work as part of a team, as well as take responsibility for individual contribution.</li><li>Strong knowledge of Australian general insurance market and SME products in particular, an advantage</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Who we areWe are a leading global insurance organisation with operations in approximately 70 countries and jurisdictions. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty.We’re also committed to making a positive difference for our people and in the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off program.Get to know the businessAIG Australia is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG’s General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Operating in Australia for more than 60 years, AIG has established a reputation as a leading insurer and ally to our multinational, corporate and SME clients.About the roleThe Actuarial Pricing Analyst is responsible for developing and maintaining pricing and portfolio management across a range of Commercial Lines products with a particular focus on the SME segment.About the TeamThe successful candidate will be supporting AIG Australia’s pricing actuaries to achieve goals and deliver on strategic initiatives.  The role reports to the Head of Actuarial Australia and New Zealand and sits in the Australian actuarial team of 7, and part of a broader APAC regional actuarial team of 40&#43; actuaries.What you need to knowKey accountabilities will include but not limited to:<ul><li>Assist senior pricing actuaries with building and continual improvement of portfolio monitoring and analytics frameworks</li><li>Develop and implement best practice pricing models, including customer behaviours (conversion/retention/cancellation), claims, and pricing scenarios</li><li>Support continual refinement of rating models by performing advanced analytics and predictive modelling analyses on internal and external data</li><li>Assist with detailed profitability studies by segment, aligned with local and regional product tower requirements, to support strategy and risk appetite.</li><li>Assist in supporting strategic portfolio reviews and deep dive analyses of required business segments</li><li>Assist in other ad-hoc analyses as required.</li></ul>What we’re looking for:<ul><li>Statistical/actuarial or related degree background.</li><li>Minimum 5 years’ experience including significant pricing and modelling experience</li><li>Expert in programming across at least one of Python, R, and SQL</li><li>Experience with databases and proficient data extraction/manipulation skills.</li><li>Demonstrated problem solving and ability to synthesize complex issues into clear and actionable advice for non-technical audiences to support business problems</li><li>Ability to manage multiple tasks, work as part of a team, as well as take responsibility for individual contribution.</li><li>Strong knowledge of Australian general insurance market and SME products in particular, an advantage</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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