Pricing Actuary (Casualty & Financial Lines)

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General 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 role

Monitoring

• Rate, rate adequacy and exposure monitoring
• Profiles – deductibles, limits, line sizes, mix, etc.
• Work closely with underwriting management to identify profitable new business and growth opportunities.

Rater/Pricing

• Support underwriters to understand how their technical premium has been built up in the international raters
• Work as part of the International team to calibrate and validate base rates and modifiers in the raters
• Update LAC (Latin America & Caribbean) pricing models in the cases where regional rater is necessary
• Produce pricing analysis for large accounts and schemes within agreed timescales, working closely with underwriters.

Others

• Support requests for data as required for different regional/international/global initiatives

What we’re looking for:

• Ability to communicate actuarial concepts to non-specialists.
• Candidates with LT product experience strongly preferred
• Proven proficiency in actuarial pricing concepts/methodologies
• Actuarial degree
• Strong analytical and problem-solving skills.
• Work well both independently and as part of a team.
• Expertise in Excel, VBA, SAS, R, Python or other programming languages.
• Strong business and collaboration skills, and responsive to service needs and operational demands.
• Excellent communication, presentation, and interpersonal skills.
• English and Spanish speaker

We are an Equal Opportunity Employer

American 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@aig.com. Reasonable accommodations will be determined on a case-by-case basis.