Seoul

Part Qualified

Associate

Qualified

Life

Health

Property & Casualty

Products

Reporting

Risk

Modelling

Experience Analysis

Prophet

Pricing

Valuation

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.

Actuarial Analyst, South KoreaAt AIG, we are committed to strengthening our financial reporting and actuarial analysis capabilities to meet both local and global standards. Join us as an Actuarial Analyst to play a key role in driving accurate and timely valuation and regulatory reporting. It's an opportunity to grow your skills and experience as a valued member of our Corporate Actuarial team.AIG's Corporate Actuarial team plays a critical role in supporting AIG Korea's insurance operations through accurate valuation and assumption setting. The team works closely with various stakeholders such as finance, product development, ERM, and external auditors to ensure compliance and business insight.How you will create an impact<ul><li>Support financial closings under IFRS4 and IFRS17 for long-duration insurance contracts</li><li>Contribute to K-ICS valuation for short-duration insurance and IR rate risk calculations</li><li>Perform assumption setting, especially for lapse rates, and updates assumptions regularly</li><li>Prepare documentation and evidence for internal/external audit and regulatory filing (e.g., FSS, KIDI)</li><li>Participate in assumption governance, experience analysis, and actuarial process improvement initiatives</li><li>Generate new ideas for creative and innovative value propositions</li><li>Collaborate with cross-functional teams (e.g., IT, finance, ERM) to support reporting processes</li></ul>What you’ll need to succeed<ul><li>4+ years of experience in actuarial valuation, financial reporting, or assumption setting for life or health insurance</li><li>Solid understanding of IFRS17 and K-ICS frameworks</li><li>Strong modeling and analytical skills; experience with actuarial software (e.g., Prophet, R3S) is a plus</li><li>Excellent problem-solving skills and attention to detail</li><li>Strong communication skills in Korean; English proficiency is a plus</li><li>Collaborative and proactive mindset, with the ability to manage tight deadlines in a dynamic environment</li></ul>At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.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—to bring peace of mind to you and your family.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). The talent 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.Functional Area: AC - Actuarial AIG Korea Inc. (South Korea)

A&amp;H Product Development Actuary,South KoreaAt AIG, we are reimagining the way we help customers manage risk. Join us as a Product Development Actuary to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.AIG’s Long Term Product Development team is at the forefront of AIG Korea’s Personal Insurance business, focusing on new coverages and products, pricing strategy, unique and attractive customer value propositions, and management of existing products. Frequent interactions and collaboration with major functions such as distribution, PI strategy, marketing, customer service, claims, and Portfolio Management are essential for this team.How you will create an impact<ul><li>Act as a member of the product development team</li><li>Generate new ideas for creative and innovative value propositions</li><li>Develop new risk rates for the A&amp;H long-term product and update existing risk rates</li><li>Generate premium and reserve rates for new A&amp;H long-term products</li><li>File documentation for KIDI/FSS approval</li><li>Re-price according to FSS regulation changes</li><li>Collaborate with underwriting, claims, etc., to monitor the performance of new products</li><li>Develop remediation plans for existing products as needed</li></ul>What you’ll need to succeed<ul><li>2+ years of work experience with accidental and health product development or pricing of Life or Non-Life insurance</li><li>Strong ability to deliver new product ideas within accidental and health product lines</li><li>Deep knowledge of actuarial science; being a qualified actuary is a plus</li><li>Ability to work with various distribution channels</li><li>Excellent communication skills in Korean; English skills are a plus</li><li>Strong analytical, communication, interpersonal, and collaborative skills</li><li>Early adopter and visionary with an innovative and disruptive mindset</li></ul>At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.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 better solutions to our customers. At AIG, you can support individuals, businesses, and communities, helping them manage risk and respond to times of uncertainty.Welcome to a culture of inclusionWe’re committed to creating a culture that respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through learning and cultural awareness activities. The talent 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 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.Functional Area: AC - ActuarialAIG Korea Inc. (South Korea)

Head of A&amp;H Product Development, South KoreaAt AIG, we are reimagining the way we help customers manage risk. Join us as a Head of A&amp;H Product Development to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.AIG’s Long Term Product Development team is at the forefront of AIG Korea’s Personal Insurance business, focusing on new coverages and products, pricing strategy, and management of existing products. Frequent interactions and collaboration with major functions such as distribution, PI strategy, marketing, customer service, claims, and Portfolio Management are essential for this team.How you will create an impact<ul><li>Responsible for developing and implementing profitability and growth strategies of products in support of financial goals.</li><li>Monitor emerging risks and trends. Develop product pricing strategies to address risks. Introduce new and enhanced coverages as appropriate by working with various third parties like reinsurers and service providers.</li><li>Responsible for implementing new products and ensuring A&amp;H remains competitive on risks that meet pricing and underwriting standards.</li><li>Drive growth and profitability while working with various stakeholders to develop and implement market-specific strategies aimed at supporting the entire portfolio.</li><li>Develop and maintain relationships with internal underwriting, distribution, IT, and operations teams to provide excellent customer focus that meets client needs.</li><li>Provide leadership and guidance to the Product Development team, fostering skill development.</li><li>Build a culture of collaboration and performance to achieve team and company goals.</li><li>Ensure that appropriate guardrails are in place for the business, including adherence to Legal, Compliance, Risk, and Audit’s governance framework.</li><li>Drive consistent sales planning excellence across A&amp;H products by assisting in establishing and ensuring adherence to risk appetite, underwriting standards, and guidelines.</li><li>Develop and ensure SI (sum Insured) and pricing adequacy for the products. Make adjustments when necessary to ensure profitability through regular revision processes.</li></ul>What you’ll need to succeed<ul><li>Sufficient work experience with accidental and health product development or pricing of Life or Non-Life insurance.</li><li>Strong ability in delivering new product ideas within accidental and health product lines.</li><li>Deep knowledge of actuarial science; qualified actuary is a plus.</li><li>Ability to work with various distribution channels.</li><li>Early adopter and visionary with an innovative and disruptive mindset, demonstrating the ability to adapt product, marketing, and acquisition tactics in response to market and industry insights.</li><li>Strong business acumen with a proven track record of making sound judgments backed by strong analytical skills.</li><li>Proven ability to lead, motivate, and gain commitment and trust from direct reports and colleagues.</li></ul>Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions. It is an exciting time to join us — 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 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 and diversity and inclusion learning.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.

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