Supervising Actuary (Corporate Specialty Market)

At AIG, we are reimagining the way we help customers manage risk. Join us as a Supervising Actuary- Corporate Specialty Market 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 Actuarial

Our 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

We are seeking an actuary with industry expertise to assist with our Corporate Specialty Market. The Actuary will be responsible for pricing and supporting the Environmental, Trucking, and US L&H Portfolio. The position involves profitability analysis, rater development and maintenance, large accounts pricing review, monthly business KPI reporting, assisting with annual budget, and setting portfolio strategy.

Additional duties include quarterly earnings-related reporting, business AvE, diagnostics, and large loss reporting. They will partner with other actuaries in implementing best practices, analytical techniques, and assessing the impact of loss trends and claims emergence. Also, they will be responsible for one direct report.

• Work closely with underwriting to develop pricing and underwriting strategies, identify pockets of profitable growth opportunities, and future underwriting actions.
• Support the business review process and portfolio deep dives, which include reviewing underwriting actions impacting loss ratios to assess the impact on current and future performance.
• Ensure accuracy of quoting and rating systems by working with Underwriters.
• Ensure execution of rate level indications, portfolio profitability exercise, and rate reviews within the planned time frame.
• Collaborate with the data team to drive process improvement and achieve actuarial transformation goals.
• Development and production of premium adequacy reports and budget loss ratio estimates for various segments.
• Perform peer review for actuarial work products.
• Communicate with and advise senior management, underwriters, comptrollers, and claims department.
• Work effectively as part of a team and train junior staff to achieve AIG’s financial, strategic, and operational objectives.

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• Requires ACAS or FCAS.
• Preferred 7+ years or more experience in commercial casualty pricing.
• Strong analytical and problem-solving skills.
• Work well both independently and as part of a team.
• Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred.
• Strong business and collaboration skills and responsive to service needs and operational demands.
• Effective time management skills.
• Excellent communication, presentation, and interpersonal skills.

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 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 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 world

American 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 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, 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 PC Global Services, Inc.