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AIG is hiring an

Actuarial Analyst (Credit Lines)

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.

What you need to know:

The Global Specialty Credit Lines Actuarial Analyst will be responsible for supporting the business, providing pricing analyses and granular performance monitoring.

This is a fantastic role where you will have the opportunity to make your mark and work on some really interesting risks. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary.

Some of the key responsibilities include:

  • Provide the business with the actuarial support it requires to profitably grow the business and take remedial action where needed.
  • Support the development, alignment, and execution of portfolio strategies.
  • Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.
  • Monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.
  • Produce pricing analysis for the business using tools such as R and Python within agreed timescales, working closely with underwriters.
  • Create and contribute to reports and management information, including use of Power BI dashboards, so that underwriters can optimise performance.
  • Work closely with underwriting management to identify profitable new business and growth opportunities.
  • Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
  • Comply with key regulatory and risk management procedures.

What we’re looking for

  • Degree in Mathematics or related discipline
  • Relevant actuarial experience, ideally within General Insurance
  • Understanding of actuarial pricing concepts/methodologies
  • Strong analytical and problem solving skills
  • Strong MS Excel skills
  • Coding experience in Python, R, VBA or other programming languages desirable
  • Ability to work well both independently and as part of a team
  • Excellent communication, presentation, and interpersonal skills.

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

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.

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