AIG is hiring a
P&C & SME LAC Pricing Actuary
Property and SME LAC Pricing Actuary
At AIG, we are reimagining the way we help customers manage risk. Join us as a Property and SME LAC Pricing Actuary 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 Pricing
AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague, empowering our people to grow as insurance professionals and add more value to our customers and AIG.
How You Will Create an Impact
- Portfolio Analysis: Profit study/country planner/budget; deep dives to support underwriters in investigating components of their portfolio.
- Monitoring: Rate, rate adequacy, and exposure monitoring; profiles – deductibles, limits, line sizes etc.; leverage existing reserving work but build up pricing AvE; claims analysis to spot trends; work closely with underwriting management to identify profitable new business and growth opportunities.
- Rater/Pricing: Support Property underwriters to understand how their technical premium has been built up; work as part of the global team to calibrate and validate base rates and modifiers in the Property rater; update LAC pricing models for Package/SME.
- Others: Support requests for data as required for different regional/international/global initiatives; contribute to risk discussions that assess the impacts of LAC Property/Package business; work with regional cat teams to understand the drivers of cat pricing and how these impact technical premiums.
Technical Skills and Expertise
- Ability to communicate actuarial concepts to non-specialists.
- Property/SME product experience strongly preferred.
- Understanding of CAT modeling preferred.
- Proven proficiency in actuarial pricing concepts/methodologies.
- Actuarial degree.
- Strong analytical and problem-solving skills.
- Ability to work both independently and as part of a team.
- Expertise in Excel, VBA, SAS, R, Python, or other programming languages.
- Strong business and collaboration skills, responsive to service needs and operational demands.
- Excellent communication, presentation, and interpersonal skills.
- English and Spanish speaker.
Ready to make a bigger impact? We look forward to reviewing your application.
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. 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 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 MEXICO SERVICIOS S.A. DE C.V.