Marine Actuarial Pricing Manager

Join us as an Actuarial Pricing Manager in our Marine team to take your career to the next level with an international market leader.

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

The Marine Actuarial Pricing Manager will be responsible for supporting the Global Specialty Marine business, providing pricing analysis and granular performance monitoring.

This is a fantastic role for an experienced pricing actuary who wants to grow their career in this exciting sector. You will be part of a team that services the Marine business globally, giving you exposure to a broad range of stakeholders, markets, and products.

Some of the key responsibilities include:

• Direct line management responsibility for junior members of staff.
• Providing the Global Specialty Marine Business with the actuarial support they require to profitably grow their business and take remedial action where needed.
• Actively involved in technical pricing tool development, analysis, and enhancements, while considering local market requirements.
• In coordination with the actuarial pricing team, monitor rates at renewal and new business, ensuring technical pricing models are in place and reviewed regularly.
• Report and analyze performance at a granular level (account and rating factor) so that underwriters can optimize performance.
• Ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.
• Comply with key regulatory and risk management procedures.
• Adherence to Global and matrix decision-making standards within the authorities provided.

What you'll need to succeed

• Bachelor's degree or equivalent in Mathematics/Actuarial Science.
• Qualified member of an Actuarial Institute or equivalent experience.
• 7+ years’ actuarial pricing experience.
• Knowledge of Python, R, VBA.
• Ability to communicate actuarial concepts to non-specialists.
• Strong analytical and problem-solving skills.
• Excellent communication 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.

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