Technical Pricing Actuary

Join us as a Technical Pricing Actuary in our Modelling & Advanced Analytics team to take your career to the next level with an international market leader.

Make your mark in Actuarial

The Modelling & Advanced Analytics team, within Actuarial Global Pricing, supports the broader Actuarial function in calibrating commercial lines rating solutions through predictive modelling and market insights. The raters are used by underwriters to guide pricing and risk selection and are critical to AIG’s long-term profitability.

This team works alongside Product Actuaries, Underwriters, and other teams within Global Pricing to deliver best-in-class statistical modelling, data science, and technological solutions while supporting strategic initiatives within the actuarial team.

How you will create an impact

This is a fantastic role for someone who has strong modelling skills and experience in General Insurance pricing. You will work in a dedicated team focused on delivering cutting-edge technical pricing models across a breadth of portfolios and products.

You will have the opportunity to learn and use our modern tools for predictive modelling, including a cloud-based machine learning platform and specialized software.

The role is suited to someone who is organized and able to manage multiple projects. They should be keen to start or continue a career in the insurance industry, self-motivated to research, learn new techniques, and have a passion for using code when approaching analytical tasks.

Some of the key responsibilities include:

• Work with Product Actuaries and Underwriting to build and maintain advanced statistical modelling pipelines that form the basis for rating tools and support business decisions.
• Support timely delivery of prioritized modelling projects on AIG’s modelling platforms.
• Train and support Actuaries in their use of advanced modelling and analytics approaches.
• Enhance and standardize scalable modelling processes and tools applied across AIG’s product portfolio.
• Research and develop cutting-edge algorithmic techniques to deliver transformational improvements in modelling processes and data quality.
• Take ownership of projects utilizing Agile planning approaches and apply rigorous coding standards in reviewing the work of others.

What you’ll need to succeed

• At least five years of relevant experience, particularly in Technical Pricing, Actuarial or predictive modelling.
• Degree in a mathematical or computer science related discipline.
• Comfortable coding in R, Python, or other languages popular for data science.
• Experience in using cloud platforms and purpose-built solutions to deliver modelling pipelines is preferable.
• Expertise in Excel, SQL, or other programming languages will be useful.
• Strong analytical and problem-solving skills.
• Excellent communication, presentation, and interpersonal skills.
• Experience in working within an Agile framework is preferable.
• Part qualified Actuary from a recognized actuarial society is preferable.

At AIG, we value in-person collaboration as a vital part of our culture, which helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package focused on your health, wellbeing, financial security, and professional development.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions. 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 inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through 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.

Functional Area: AC - Actuarial

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd