Head Pricing Actuary (Management Liability)

Head Pricing Actuary - Management Liability

At AIG, we are reimagining the way we help customers manage risk. Join us as a Head of Pricing - Management Liability to take on key responsibilities within a world-class actuarial function.

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 actuarial professional to lead the pricing function for the Management Liability segment within AIG’s North America Financial Lines team. This is an exciting position focused on pricing, modeling, and advanced analytics for our Management Liability product lines, including D&O, EPL, Fiduciary, and Crime.

The actuary will manage a team of individual contributors, overseeing the execution of dynamic work projects such as profitability studies, predictive modeling, 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.

• Perform and communicate the results of pricing studies for Management Liability product segments
• Construct and maintain advanced models for various business functions such as pricing or claim trend monitoring
• Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, and monitor emerging issues
• Maintain a robust command of public D&O/security class action trends and claim activity
• Perform unique and innovative individual account rating analyses as needed
• Help advance the broader Financial Lines team’s ability to perform deeper analytics by proposing new ideas and leading innovative projects
• Support the annual profit study and planning process
• Support rate filings as needed
• Lead a team of actuaries through coaching, mentoring, and project management

What we are looking for

• BS in Actuarial Science, Mathematics, Statistics, or related area
• Credentialed FCAS
• 10 years or more experience, Management Liability familiarity required
• Experience in SQL and R/Python preferred
• A thought leader, with an innate drive to continuously learn and innovate
• Strong analytical and problem-solving skills
• Work well managing and coaching others
• Strong business and collaboration skills, demonstrated ability to influence business partners
• Flexibility and effective time management skills
• Excellent communication, presentation, and interpersonal skills

The base salary range for this position is $180,000-$225,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits.

Ready to set new industry standards? 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 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.

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.

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 PC Global Services, Inc.