Actuary (Mid-Level Analyst)

At AIG, we are reimagining the way we help customers manage risk. Join us as an Actuary (Analista Pleno) 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

Main Responsibilities

• Perform Local Gaap Technical Provisions (UPR, LTP-UPR (RVNE), IBNYR, IBNER, ALAE, ULAE, RVR) for Insurance and Reinsurance Companies
• Perform Consistency Tests and monitor Local Gaap, Technical Provisions Adequacy for Insurance and Reinsurance Companies
• Perform Local Gaap Liability Test Adequacy (TAP) required by Local Regulator for Insurance and Reinsurance Companies
• Perform Minimum Capital Requirement (CMR) required by Local Regulator for Insurance and Reinsurance Companies
• Perform Reserves and Products Technical Notes according to requirements by Local Regulator
• Perform Monthly Closing of Books and Statistical Data Deliveries required by Local Regulator during team vacation leave
• Perform Actuarial Studies required by Local Regulator
• Perform ALM Report to the Investment team
• Perform Coverage of Commitment Report to the Investment team
• Attend Local Gaap Annual External Audit Process
• Attend Local Gaap Regulator Letters and all other Local Gaap Reports and Activities
• Develop Reports and KPIs
• Support actuarial team
• Manage databases

What you’ll need to succeed

• Previous experience with Reserving Calculation on UPR (PPNG), LTP (RVNE), and IBNR
• Previous experience with Reserving Methods: DFM (Triang. RuOff), BF, IELR (Sinistralidade Esperada)
• Previous experience with Reserve Consistency Tests
• Previous experience with local closing, FIP SUSEP, and SUSEP Statistical Data
• Programming proficiency in SAS
• Good Analytical skills
• Bachelor’s degree in Actuarial Science, Statistics, or Math
• Personal Organization, good communication, and analytical skills are valued
• Willing and able to continuously learn and adapt in a dynamic and fast-changing environment
• Basic / Intermediate English skills are desired
• Previous experience with Liability test Adequacy Calculation is desired
• Python is desired and a differential
• MIBA is desired

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 and respond to times of uncertainty.

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 Seguros Brasil S.A.