Actuary (Financial Lines Pricing)

At AIG, we are reimagining the way we help customers manage risk. Join us as an Actuary-North America Financial Lines Pricing 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 Actuary Pricing

We are seeking an actuarial professional to drive the advancement of our pricing and analytical capabilities within AIG’s North America Financial Lines team. This is an exciting position focused on pricing, modelling, and advanced analytics for our Cyber and Professional Liability product lines.

The actuary will help elevate the technical capabilities of the team through dynamic work projects such as profitability studies, predictive modelling, planning support, and building out portfolio management and monitoring tools. The individual will be a trusted business partner, working closely with the underwriting and claims departments to ensure profitable performance and growth.

How you will create an impact

• Perform and communicate the results of pricing studies for Cyber and Professional liability product segments.
• Construct and maintain advanced models for various business functions such as pricing or claim monitoring.
• Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, monitor emerging issues, and help management develop and quantify the impact of underwriting actions.
• Help advance the broader Financial Lines team’s ability to perform deeper analytics such as ranges of reasonability, sensitivity testing, simulation, and optimal portfolio mix.
• Support the annual profit study and planning process.
• Support the reinsurance placement process from a data and analytics standpoint.
• Ensure model validation and documentation standards are met.

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• Minimum ACAS credential, FCAS preferred.
• 7 years or more experience, Cyber and/or Professional Liability familiarity preferred.
• Experience in SQL and R/Python required, experience with predictive modeling preferred.
• Driven and intellectually curious, with an innate drive to continuously learn and innovate.
• Strong analytical and problem-solving skills.
• Work well both independently and as part of a team.
• Strong business and collaboration skills.
• Flexibility and effective time management skills.
• Excellent communication, presentation, and interpersonal skills.

For positions based in New York, the base salary range is $138,000-$178,000 and for the positions based in New Jersey, the base range is $126,000-$163,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits.

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.

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. 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 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).

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.