Singapore

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Products

Reserving

Reporting

Risk

Python

Modelling

Data Science

Coding

Motor

Pricing

Valuation

Excel

Marketing

Power BI

Tableau

Emblem

Radar

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.

At AIG, we are reimagining the way we help customers manage risk. Join us as a Senior Actuarial Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.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 Senior Actuarial Analyst will be a key member of the APAC Personal Lines Pricing and Portfolio Management team, working closely with local and regional business and underwriting teams on strategic initiatives to achieve profitable growth and business goals.You will be a “go-to” source for help and support because of your deep technical knowledge and expertise. As an experienced team member, you are expected to drive continual improvement and impact the way that things get done. Your key responsibilities and accountabilities include:<ul><li>Deliver actuarially sound pricing analysis for new business opportunities, rate reviews, rate change recommendations, and impact analysis of existing business in a timely manner.</li><li>Develop, maintain, and ensure raters are up to date with the latest assumptions, and continuously improve functionalities that would increase efficiency and turnaround time for underwriters.</li><li>Maintain robust portfolio management and monitoring of rate levels, rate changes, and rate adequacy.</li><li>Proactively engage with underwriters and business teams, sharing and discussing insights and findings from the analysis, with recommendations on rate or underwriting actions to improve profitability.</li><li>Collaborate with local and regional Product, Claims, Finance, Underwriting, IT, and Data Analytics functions to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.</li><li>Carry out loss ratio and lapse analysis for business sold through direct marketing to determine appropriate assumptions used for campaign approval and monitoring.</li><li>Support profit studies and development of budget loss ratios for assigned countries and segments.</li><li>Peer review and collaborate with reserving actuary in annual detailed valuation review.</li><li>Comply with key regulatory and risk management procedures, as well as audit requirements.</li></ul>What you’ll need to succeed<ul><li>Candidates with strong actuarial experience, preferably in pricing and portfolio management of personal lines business including but not limited to Accident & Health, Auto, and Home insurance.</li><li>Working experience in the insurance industry.</li><li>Proven proficiency in actuarial concepts and methodologies with strong analytical and problem-solving skills and a thorough understanding of general insurance including underwriting policies and claims handling policies.</li><li>Possess strong GLM technical modeling skills using software such as Radar or Emblem, and data management using SQL, Tableau, or Power BI.</li><li>Ability and willingness to pick up coding, programming languages, and database skills.</li><li>Ability to manage tight deadlines, priorities, and handle multiple tasks simultaneously.</li><li>Excellent communication skills, both written and verbal, along with presentation and interpersonal skills.</li><li>Highly motivated with strong attention to detail, willingness to learn, and adapt in a dynamic and fast-changing environment.</li></ul>Ready to take your career to the next level? We would love to hear from you.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.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 - ActuarialAIG APAC Holdings Pte Ltd

The following describes responsibilities and requirements for Associate Actuary, Pricing & Portfolio Management. The successful candidate will be responsible for pricing efforts for international auto and personal property and work as a member of the international pricing team to achieve goals and deliver on strategic initiatives.We are looking for an experienced candidate who will be responsible for the assessment of pricing adequacy, portfolio management reports, product design, and company strategies using actuarial expertise. This is to ensure company financial strength, regulatory compliance, and meeting profit objectives for Personal Auto and Personal Property book. The position develops accurate and innovative analysis techniques, suggests innovative product designs, and must be able to coordinate with others within and outside the department on various projects.Responsibilities include:<ul><li>Support the development, implementation, and maintenance of global best practices for pricing and portfolio management.</li><li>Standardize rating tools and global templates.</li><li>Develop automated peer review pricing models including rate level indication and loss cost modeling to be performed within planned time frame.</li><li>Ensure execution of retention, conversion, and competitive position analysis and work with the product tower.</li><li>Support the development and implementation of standard reports for monitoring and measuring all aspects of the Personal Auto and Personal Property business.</li><li>Ensure that the peer review process is applied consistently for international personal lines.</li><li>Maintain the people and processes that provide statistical information and analysis to all parties involved with the management of international personal lines.</li><li>Collaborate with Finance, Claims, Reserving, and data analytics function to ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.</li></ul>Position Requirements:<ul><li>Qualified or near qualified.</li><li>Strong actuarial/modeling experience required.</li><li>Experience with data manipulation, predictive modeling, and reports development required.</li><li>Experience with International auto or personal property insurance preferred.</li><li>Skills with Excel VBA, R, Python, Power BI, data visualization software required.</li><li>Strong verbal and written communication skills.</li><li>Fluency in English. Fluency in one other language is a plus.</li><li>Location: Singapore or Malaysia.</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. 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 and respond to times of uncertainty.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 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 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 - ActuarialAIG APAC Holdings Pte Ltd

At AIG, we are reimagining the way we help customers manage risk. Join us as a Regional Personal Lines Actuary, APAC to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.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 impact<ul><li>Support and oversee the delivery of underwriting performance, actuarial and risk management elements of the APAC Auto and Personal Property lines to meet the profit centre strategic objectives.</li><li>Engage with the wider Actuarial function and business P&L Heads.</li><li>Coordinate and support the pricing activity in the region, working together with the other pricing actuaries.</li><li>Monitor profitability for APAC profit centres and work with management to set rate targets each year.</li><li>Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing.</li><li>Develop structure for regular review of rate adequacy and profitability.</li><li>Carry out price adequacy reviews and review the appropriateness of the reinsurance programme to meet the ongoing needs of the business.</li><li>Put action plan in place to ensure seamless monitoring of rate levels, rate changes, and rate adequacy.</li><li>Coordinate and ensure consistency in approach and execution of pricing assessments, rate development, and rating models.</li><li>Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies.</li><li>Manage data support where not maintained centrally and reinforce the importance of high-quality data.</li><li>Work closely with the technical pricing function to enhance pricing and modelling capabilities.</li><li>Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.</li><li>Engage with finance on execution of planning exercise and forward-looking scenarios.</li><li>Keep aware of emerging issues affecting product lines in the region and adjust analysis as appropriate.</li><li>Collaborate with regional actuarial functions supporting a one-team ethos.</li><li>Drive a culture that promotes collaboration, diversity, and inclusion.</li></ul>What you’ll need to succeed<ul><li>FIA or FCAS (or equivalent) with strong actuarial experience, preferably in auto and with exposure to multiple functions (e.g., technical pricing, aggregate pricing, reserving, data, analytics).</li><li>Advanced knowledge of actuarial pricing and reserving methodologies and techniques.</li><li>Proven proficiency in actuarial concepts/methodologies and ability to coach non-technical managers on technical areas that enhance their decision-making ability.</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands.</li><li>Work well both independently and as part of a team.</li><li>Excellent management and leadership skills.</li><li>Proven ability to dissect complex business issues, perform research and analysis, and synthesize conclusions into a digestible, value-maximizing strategy.</li><li>Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically, and serve as a strong thought partner of cross-functional leaders.</li><li>Strong organizational and communication skills, with the ability to confidently present internally and externally and influence outcomes.</li><li>Ability to maintain strong professional relationships across the underwriting community.</li><li>Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology, and legislative trends.</li><li>Highest level of personal and professional integrity.</li></ul>Ready to take your career to the next level? We would love to hear from you.At AIG, we value in-person collaboration as a vital part of our culture. 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 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.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 inclusion 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 - ActuarialAIG APAC Holdings Pte Ltd

At AIG, we are reimagining the way we help customers to manage risk. Join us as an APAC Regional Reserving 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.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 be a qualified actuary supporting AIG Singapore as the certifying actuary and work as a member of the APAC reserving actuarial team to deliver on strategic initiatives.<ul><li>As a member of the APAC regional actuarial team, coordinate US GAAP quarterly management reporting requirements with the regional tower leads;</li><li>Oversee and execute transformation of existing end-to-end US GAAP management reporting and local statutory reserving frameworks to unlock efficiencies and actionable insights;<ul><li>This includes development and maintenance of reserving analytics dashboards and KPIs.</li></ul></li><li>As the Certifying Actuary of AIG Singapore, provide certifying actuary support for AIG Singapore’s Board and Risk committees;</li><li>Collaborate with the Claims, Underwriting, Finance and Business functions as the regional reserving lead for one of the key reserving portfolios and provide insights that will drive portfolio performance and growth.</li><li>Collaborate with Finance and Pricing to provide peer review support on the budget loss ratio exercise and financial planning as the regional reserving lead for one of the key reserving portfolios.</li><li>Provide leadership and drive a performance culture in the team.</li></ul>What you’ll need to succeed<ul><li>Relevant Actuarial qualification (Fellow) with the Institute of Actuaries of Australia or equivalent body.</li><li>Strong general insurance reserving experience, preferably in long tail lines.</li><li>Demonstrated stakeholder engagement skills with a strategic mindset.</li><li>Ability to drive a high-performance culture in a team with a mindset to constantly improve existing processes.</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>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 forge relationships with other areas of the business.</li></ul>Ready to take your career to the next level? We would love to hear from you.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 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 inclusion 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 - ActuarialAIG APAC Holdings Pte Ltd

At AIG, we are reimagining the way we help customers to manage risk. Join us as a APAC Commercial Senior Actuarial Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.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 impactYou 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. You will work with analysts and experienced actuaries as part the regional team to provide actuarial advice to the business functions including profit centres, underwriting, finance, and risk management.Key responsibilities include:<ul><li>Support the delivery of underwriting performance, actuarial and risk management elements of Commercial lines to meet the Profit centre strategic objectives. The Commercial Actuary will engage with the wider Actuarial function and business P&amp;L Heads.</li><li>The job involves profitability monitoring for APAC profit centres and work with management to set rate targets each year.</li><li>Develop structure for regular review of rate adequacy and profitability.</li><li>Carrying out price adequacy reviews and reviewing the appropriateness of the reinsurance programme to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.</li><li>Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.</li><li>Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies</li><li>Manage data support where not maintained centrally and reinforce the importance of high-quality data.</li><li>Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.</li><li>Engage with finance on execution of planning exercise and forward-looking scenarios.</li></ul>What you’ll need to succeedYou should have some prior experience in commercial lines pricing, in particular Commercial Property. Be a team-player with the ability to build collaborative relationships.Additional requirements include:<ul><li>Candidate with Mathematic/Actuarial or any related degree background, with good progress towards pursuing a professional actuarial qualification</li><li>Some working experience in the General insurance industry</li><li>Familiarity with traditional actuarial techniques and models</li><li>Ability to manage multiple tasks simultaneous</li><li>Ability to work as part of a team as well as take responsibility for his individual contribution</li><li>Ability to meet tight deadlines and prioritise own work</li><li>Effective time management and strong communication skills</li><li>Ability to forge relationships with other areas of the business</li><li>Working knowledge on typical actuarial reserving software</li><li>Strong verbal and written communication skills</li><li>Knowledge of SQL, VBA or similar software tools.</li></ul>Ready to take your career to the next level? We would love to hear from you.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 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, 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&#64;aig.com.Functional Area:AC - ActuarialEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG APAC Holdings Pte Ltd

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Assistant to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.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 Actuarial assistant will be responsible for portfolio optimization, assessment of pricing adequacy and company strategies, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives.You will be expected to work with analysts and experienced actuaries as part the regional team to provide actuarial advice to the business functions including profit centres, underwriting, finance, and risk management.What you’ll need to succeed<ul><li>Candidate with Mathematics/Actuarial/Statistics/Economics or any related degree background, with some progress towards pursuing a professional actuarial qualification</li><li>Fresh graduates will be considered</li><li>Familiarity with traditional actuarial techniques and models</li><li>Ability to manage multiple tasks simultaneously</li><li>Ability to work as part of a team as well as take responsibility for his individual contribution</li><li>Ability to meet tight deadlines and prioritize own work</li><li>Effective time management and strong communication skills</li><li>Ability to forge relationships with other areas of the business</li><li>Working knowledge on typical actuarial reserving software</li><li>Strong knowledge of MS Excel and MS Access, knowledge of VBA</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; 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 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, 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&#64;aig.com.

Who we areAmerican 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.Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.About the roleThis will be a key resource in carrying out APAC DVRs while supporting Singapore local statutory reporting requirements, including but not restricted to annual stress tests, IFRS17 reporting, regulatory compliance returns, ALM monitoring and Solvency returns.The candidate is expected to work with analysts and experienced actuaries as part the regional team to provide actuarial advice to the business functions including profit centres, underwriting, finance, and risk management. Key responsibilities include:<ul><li>Assist in local GAAP quarterly reserving and solvency estimates for local regulatory reporting for assigned APAC countries</li><li>Assist in preparation of US GAAP quarterly management results</li><li>Assist in preparation of annual Detailed Valuation Reviews, Insurance Liability Valuation Report and Financial Condition Report / Stress testing</li><li>Assist in preparation of quarterly Board and Risk committee reporting</li><li>Assist in reviewing 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>Assist with implementation of IFRS 17 reporting requirements</li><li>Assist in other ad-hoc analyses as required.</li></ul>What we’re looking for:<ul><li>Candidate with Mathematics/Actuarial/Statistics/Economics or any related degree background, with some progress towards pursuing a professional actuarial qualification</li><li>1-2 years of working experience in the General insurance industry</li><li>Fresh graduates will be considered</li><li>Familiarity with traditional actuarial techniques and models</li><li>Ability to manage multiple tasks simultaneous</li><li>Ability to work as part of a team as well as take responsibility for his individual contribution</li><li>Ability to meet tight deadlines and prioritize own work</li><li>Effective time management and strong communication skills</li><li>Ability to forge relationships with other areas of the business</li><li>Working knowledge on typical actuarial reserving software</li><li>Strong knowledge of MS Excel and MS Access, knowledge of VBA</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.

Role DescriptionThe role involves supporting key reserving activities and other Actuarial projects for Global Specialty. More specifically, this involves:<ul><li>Assist in the production of Legal Entity and US GAAP reserve estimates, both gross and net of Reinsurance using standard reserving techniques</li><li>Assist in production of reserving presentations and commentary to support the analytical work</li><li>Take key stakeholders (internal and external to Actuarial) through the Actuarial and Financial reserving results</li><li>Work with the claims team around the impact of claim initiatives, inflation and specific IBNR areas (e.g. specific individual losses or catastrophe events)</li><li>Work with reinsurance to ensure understanding of outwards reinsurance changes impacting their lines of business</li><li>Collaborate closely with both APAC and Global Specialty actuarial teams, ensuring effective communication of actuarial information for Specialty lines</li></ul>Pricing<ul><li>Support the Pricing team through contributing to Profit Study analysis and production of Budget/Forecast Loss Ratios to achieve profitable growth and business goals</li><li>Support the development and delivery of robust portfolio analytics to inform and guide decisions of the Global Specialty business</li></ul>Technical Skills and ExpertiseThe Ideal Candidate Should Have:<ul><li>Bachelors degree or equivalent (Mathematics/Actuarial or related)</li><li>Student member of an Actuarial Institute with partial progression through the exams</li><li>Up to 2-3 years of actuarial experience in P&amp;C industry</li><li>Proven proficiency in actuarial concepts/methodologies</li><li>Proficiency in reserving software</li><li>Knowledge of programming software, such as R, SQL or VBA would be advantageous</li><li>Ability to forge relationships with other areas of the business</li><li>Ability to work under own initiative, be proactive and show flexibility to meet business needs</li><li>Ability to meet tight deadlines and prioritise own work</li><li>Professional behaviour with a high level of integrity</li><li>Excellent analytical and problem-solving skills</li><li>Excellent communication, presentation and interpersonal 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 areAmerican 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.Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.Your future teamAs 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. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Marketing, Operations and Financial Management.About the role<ul><li>Assist in local GAAP quarterly reserving and solvency estimates for local regulatory reporting for assigned APAC countries</li><li>Assist in preparation of US GAAP quarterly management results</li><li>Assist in preparation of annual Detailed Valuation Reviews, Insurance Liability Valuation Report and Financial Condition Report / Stress testing</li><li>Assist in preparation of quarterly Board and Risk committee reporting</li><li>Assist in reviewing 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>Assist with implementation of IFRS 17 reporting requirements</li><li>Assist in other ad-hoc analyses as required.</li><li>Provide leadership and guidance to junior analysts within the SVIP cluster.</li></ul>What we’re looking for:<ul><li>Candidate with Mathematics/Actuarial/Statistics/Economics or any related degree background, minimum Associateship qualification with a recognized Actuarial Professional body by MAS.</li><li>Minimum 3 years’ experience in the General insurance industry in reserving capacity</li><li>Familiarity with traditional actuarial techniques and models</li><li>Ability to manage multiple tasks simultaneous</li><li>Ability to work as part of a team as well as take responsibility for his individual contribution</li><li>Ability to meet tight deadlines and prioritize own work</li><li>Effective time management and strong communication skills</li><li>Ability to forge relationships with other areas of the business</li><li>Working knowledge on typical actuarial reserving software</li><li>Strong knowledge of MS Excel and MS Access, knowledge of VB</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.To learn more please visit: <a href="https://www.aig.com/about-us/diversity-equity-and-inclusion">https://www.aig.com/about-us/diversity-equity-and-inclusion</a>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 areAmerican 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.Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.About the roleThe Individual Commercial Line Actuary for Singapore will provide the actuarial support to the Commercial Line product towers, providing pricing analysis and granular performance monitoring. This position will be responsible for assessment of pricing adequacy, product design and company strategies using Actuarial expertise, for the purpose of ensuring company financial strength, regulatory compliance and meeting profit objectives.Responsibilities include:<ul><li>Perform rate review analysis (rate level indications and segmentation analysis) for Commercial Line products as per agreed schedule</li><li>Enhance the current rate review procedures and develop pricing sophistication</li><li>Assist the development of rate action plans by identifying preferred/questionable segments and implement appropriate changes</li><li>Carry out regular Rater Validation</li><li>Assist underwriter with pricing the Large Account and Scheme business</li><li>Provide loss ratio projections in the budget process and review other budget assumptions for reasonableness</li><li>Ensure budget loss ratio is achieved</li><li>A position for an Actuary who wants to develop well-round skill-set of Commercial Line Business</li></ul>What we’re looking for:<ul><li>Good exposure in general insurance actuarial with Bachelor Degree in quantitative discipline such as Actuarial Science, Statistics, Mathematics or Finance.</li><li>Good progression in Actuarial exams from an international recognized actuarial organization and pursuing fellowship designation.</li><li>Capable of data management. Experience with SQL, R or Python; and predictive modelling a plus.</li><li>Self-starter, ability to discover problems and implement solutions. Excellent analytical and reasoning skills in interpretation of numbers. A strong sense of teamwork and ability to promote cooperation.</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 areAmerican 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.Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.About the roleThe successful candidate will be supporting the AIG Singapore insurance business and regional initiatives, and work as a member of the APAC actuarial team to achieve goals and deliver on strategic initiatives.We are looking for a candidate who will be assisting the Pricing and Portfolio management team responsible for portfolio optimization, assessment of pricing adequacy and company strategies, for the purpose of ensuring company financial strength, regulatory compliance, and meeting profit objectives.<ul><li>Provide the Singapore business and wider APAC with the actuarial support required to achieve profitable growth and business goals</li><li>Work cross functionally to collect, compile, and analyze all relevant data / information including product’s competitive analysis, customer analysis, and / or market trends.</li><li>Produce pricing analysis for large accounts and schemes within agreed timescales, working closely with underwriters</li><li>Support the development, alignment, and execution of portfolio strategies</li><li>Prepare and deliver robust analytics to inform and guide decisions relating to new product developments or revisions in a timely manner</li><li>Provide support in the development of products, pricing and rating plans, and risk segmentation strategies</li><li>Provide support to budget loss ratio estimates and financial planning</li><li>Provide assistance to the Appointed Actuary</li><li>Collaborate with local and regional product teams, Finance, Marketing, Underwriting, Claims and IT</li><li>Assist with validation and documentation of pricing models according to global standards</li><li>Ensure execution of rate level indication exercise</li></ul>What we’re looking for:<ul><li>Candidate with Mathematic/Actuarial or any related degree background, with some progress towards pursuing a professional actuarial qualification</li><li>At least 3 years working experience in the insurance industry</li><li>Relevant experience in the portfolio management/analytics/underwriting field is preferred</li><li>Strong analytical, financial, research, and problem-solving skills</li><li>Relevant experience with consolidating data and developing reporting metrics</li><li>Skills with Excel, VBA, PowerBI, SQL, R, Python and PowerPoint software</li><li>Ability to manage multiple tasks simultaneously</li><li>Ability to work as part of a team as well as take responsibility for his individual contribution</li><li>Effective time management and 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. Reasonable accommodations will be determined on a case-by-case basis.

Who we areAmerican 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.Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.Your future teamAs 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. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Marketing, Operations and Financial Management.About the role<ul><li>Responsible for supporting and overseeing the delivery of underwriting performance, actuarial and risk management elements of the APAC Commercial Property and SME Package lines to meet the Profit centre strategic objectives. The Commercial Actuary will engage with the wider Actuarial function and business P&amp;L Heads.</li><li>Coordinate and support the pricing activity in the region, working together with the other pricing commercial lines actuaries.</li><li>Involve in profitability monitoring for APAC profit centres and work with management to set rate targets each year.</li><li>Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing.</li><li>Develop structure for regular review of rate adequacy and profitability.</li><li>Carry out price adequacy reviews and reviewing the appropriateness of the reinsurance programme to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.</li><li>Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.</li><li>Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models.</li><li>Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies</li><li>Manage data support where not maintained centrally and reinforce the importance of high-quality data.</li><li>Work closely with the technical pricing function to enhance pricing and modelling capabilities. Drive the implementation of first-in-class rating and portfolio management tools.</li><li>Work closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.</li><li>Engage with finance on execution of planning exercise and forward looking scenarios.</li><li>Keep aware of emerging issues affecting product lines in the region and adjusts analysis as appropriate.</li><li>Collaborate with regional actuarial functions supporting a one-team ethos.</li><li>Drive a culture that promotes collaboration, diversity and inclusion.</li></ul>What we are looking for:The candidate should possess strong technical and business expertise with the ability to build sustainable, collaborative relationships, influence business stakeholders, and lead, motivate and gain commitment from key constituents.<ul><li>FIA or FCAS (or equivalent) with at least 10 years of actuarial experience, preferably in commercial lines and with exposure to multiple functions (e.g., technical pricing, aggregate pricing, reserving, data, analytics).</li><li>Advanced knowledge of actuarial pricing and reserving methodologies and techniques.</li><li>Proven proficiency in actuarial concepts/methodologies and ability to coach non-technical managers on technical areas that enhance their decision-making ability.</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands.</li><li>Work well both independently and as part of a team.</li><li>Excellent management and leadership skills.</li><li>Proven ability to dissect complex business issues, perform research and analysis, and synthesize conclusions into a digestible, value-maximizing strategy.</li><li>Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically and serve as strong thought partner of cross functional leaders.</li><li>Strong organizational and communication skills, with the ability to confidently present internally and externally and influence outcomes.</li><li>Ability to maintain strong professional relationships across the underwriting community.</li><li>Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology and legislative trends.</li><li>Highest level of personal and professional integrity.</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.

About AIGAmerican 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.About the teamOur team of experienced actuaries supports the actuarial pricing, portfolio management and business intelligence duties for accident &amp; health, travel, and warranty &amp; services products across Asia Pacific countries. Our team provides actuarial rate reviews and other analytical support associated with product reviews, product development, new business opportunities, profitability analysis, and client reviews.We leverage internal and external data, along with classical actuarial techniques and predictive modeling to support its mission. Additionally, our team performs deep-dive analytics into portfolio results and trends using a variety of analytical techniques. We collaborate and work closely with Underwriting, Marketing, Operations, Finance and Business Management Team to achieve AIG’s business objectives.About the roleThe Actuarial Manager/Regional Actuary will be a key member in APAC Accident &amp; Health (A&amp;H), Travel and Warranty Pricing and Portfolio Management team (PPM), working closely with regional business, underwriting team and local business units to achieve goals and deliver on strategic initiatives supporting the business. You will be a “go-to” source for help and support because of your deep technical knowledge and expertise. As an experienced team member, you are expected to drive continual improvement and impacting the way that things get done.Key responsibilities<ul><li>Ensure execution of rate level indications, portfolio profitability exercise and rate reviews, using GLM techniques where possible, to be performed throughout the subject countries with high quality and within planned time frame</li><li>Ensure appropriate loss cost assumptions are adopted, expenses are loaded as per global expense guidance and pricing methodologies are actuarially sound and in accordance with global pricing guidance</li><li>Ensure accuracy of quoting and rating systems, working with Regional and Global Underwriters and Actuarial Staff to ensure best practices are followed including appropriate risk loads for catastrophic risk, commissions, expenses, and profit loadings.</li><li>Perform, upon request, peer review for Actuarial work performed both by other Actuarial staff.</li><li>Collaborate with Claims, Finance, Underwriting functions, and Data Analytics and Analysis function to ensure data used for pricing and monitoring is complete, accurate, adequate and timely.</li><li>Support the annual Marketing Allowable review exercise, compute lapse ratios for different segments, and implement the Marketing Allowable in Salesforce.</li><li>Development and production of premium adequacy reports and budget loss ratio estimates for various segments</li><li>Comply with key regulatory and risk management procedures, as well as audit requirements</li></ul>Your profile<ul><li>Bachelor’s Degree or equivalent in Mathematics/Actuarial Science</li><li>Demonstrated work experience in insurance or reinsurance</li><li>Fellow or nearly qualified in a globally recognized actuarial association including but not limited to Casualty Actuarial Society, Society of Actuaries, Institute and Faculty of Actuaries or local Actuarial Governing body</li><li>Significant pricing experience in Personal Line Insurance (relevant pricing experience in A&amp;H, Travel and Warranty Services would be preferred)</li><li>Proven proficiency in actuarial concepts/methodologies with strong analytical and problem-solving skills and thorough understanding of general insurance including underwriting policies, claims handling policies and local legislation</li><li>Excellent communication both written and verbal, presentation, and interpersonal skills</li><li>Ability to manage tight deadlines, priorities, and handle multiple projects concurrently</li><li>Ability to pick up coding, programming languages and database skills (SQL and/or R is preferred)</li><li>Highly motivated, strong attention to details, willingness to learn and adapt in a dynamic and fast changing environment</li></ul>Equal opportunitiesAmerican 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.

Get to know the businessGeneral Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.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. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Marketing, Operations and Financial Management.About the role<ul><li>The APAC Financial Lines Actuary is primarily responsible for supporting and overseeing the delivery of underwriting performance, actuarial and risk management elements of the APAC Financial lines to meet the Profit centre strategic objectives. The Financial Lines Actuary will engage with the wider Actuarial function and business P&amp;L Heads.</li><li>He/She will also coordinate and support the pricing activity in the region, working together with the other pricing actuaries within the region, international and global.</li><li>The job involves profitability monitoring for APAC profit centres and work with management to set rate targets each year.</li><li>Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing.</li><li>Develop structure for regular review of rate adequacy and profitability.</li><li>Carrying out price adequacy reviews and reviewing the appropriateness of the reinsurance programme to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.</li><li>Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy.</li><li>Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models.</li><li>Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies</li><li>Manage data support where not maintained centrally and reinforce the importance of high-quality data.</li><li>Work closely with the technical pricing function to enhance pricing and modelling capabilities. Drive the implementation of first-in-class rating and portfolio management tools.</li><li>Work closely with underwriting, reserving actuaries, claims department, and risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.</li><li>Engage with finance on execution of planning exercise and forward looking scenarios.</li><li>Keep aware of emerging issues affecting product lines in the region and adjusts analysis as appropriate.</li><li>Collaborate with regional actuarial functions supporting a one-team ethos.</li><li>Drive a culture that promotes collaboration, diversity and inclusion.</li></ul>What we’re looking for:The candidate should possess strong technical and business expertise with the ability to build sustainable, collaborative relationships, influence business stakeholders, and lead, motivate and gain commitment from key constituents.Additional requirements include:<ul><li>FIA or FCAS (or equivalent) with at least 10 years of actuarial experience, preferably in financial lines and with exposure to multiple functions (e.g., technical pricing, aggregate pricing, reserving, data, analytics).</li><li>Advanced knowledge of actuarial pricing and reserving methodologies and techniques.</li><li>Proven proficiency in actuarial concepts/methodologies and ability to coach non-technical managers on technical areas that enhance their decision-making ability.</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands.</li><li>Work well both independently and as part of a team.</li><li>Excellent management and leadership skills.</li><li>Proven ability to dissect complex business issues, perform research and analysis, and synthesize conclusions into a digestible, value-maximizing strategy.</li><li>Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically and serve as strong thought partner of cross functional leaders.</li><li>Strong organizational and communication skills, with the ability to confidently present internally and externally and influence outcomes.</li><li>Ability to maintain strong professional relationships across the underwriting community.</li><li>Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology and legislative trends.</li><li>Highest level of personal and professional integrity.</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 areAmerican 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.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercialand personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers througha diversified, multichannel distribution network.Your future teamAs 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. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Underwriting, Marketing, Operations and Finance and Business Management Team.Your contribution at AIGThe Actuarial Assistant will be a key member in APAC Accident &amp; Health (A&amp;H), Travel and Warranty Pricing and Portfolio Management team (PPM), working closely with regional business, underwriting team and local business units.Key Accountabilities:<ul><li>Produce pricing analyses/rate level indications at a portfolio or individual account level with accuracy and within agreed timescales by work closely with underwriters. Ensure appropriate loss cost assumptions are adopted, expenses are loaded as per global expense guidance and pricing methodologies are actuarially sound and in accordance with global pricing guidance.</li><li>Actively involved in quarterly business review exercise. Identify and communicate key trends and/or loss drivers to stakeholders and subsequently recommending and monitoring of remedial actions.</li><li>Regular maintenance of Tableau dashboard and updating of mapping table as needed. Work closely with Axon team to rectify data problems or enhancement of dashboard as needed.</li><li>Support the annual budget loss ratio exercise by engaging with local/regional business and underwriting team. Liaising with regional/international actuaries on the budget loss ratio exercise.</li><li>Support regional input on global guidelines and data collection as needed</li><li>Provide the APAC business with ad hoc actuarial support as required to profitably grow their business and take remedial action where needed.</li><li>Assist in researching and developing best estimate assumptions and advanced pricing techniques/predictive modelling.</li><li>Support the annual Marketing Allowable review exercise, compute lapse ratios for different segments, and implement the Marketing Allowable in Salesforce.</li><li>Maintain GRT group insurance rater, work closely with global PPM on the enhancement and updates on the rater.</li><li>Creation and regular maintenance and updates of pricing templates and documentations for various regions and minor lines of business.</li><li>Creation and maintenance of pricing assumptions and rate libraries, ensuring log is updated timely for changes in the rate libraries.</li><li>Documentation of key pricing assumptions, SOP, and best practices for various process within PPM</li><li>Any other duties as required.</li></ul>What we are looking for:<ul><li>Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Data Science or related area preferred</li><li>Fresh grad or candidate with 1-2 years GI pricing experience is encouraged to apply.</li><li>Proficiency in Microsoft Office is a must</li><li>Experience in SQL and/or R highly preferred. Ability to pick up coding skill in other programming languages.</li><li>Strong analytical and problem-solving skills</li><li>Excellent communication, presentation, and interpersonal skills</li><li>Willing and able to continuously learn and adapt in a dynamic and fast changing environment.</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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