APAC P&C Specialty Reserving Actuary

At AIG, we are reimagining the way we help customers manage risk. Join us as an APAC Property and Specialty Reserving 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 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

• Assist in local GAAP quarterly reserving and solvency estimates for local regulatory reporting for assigned APAC countries.
• Assist in preparation of US GAAP quarterly management results.
• Assist in preparation of annual Detailed Valuation Reviews, Insurance Liability Valuation Report, and Financial Condition Report / Stress testing.
• Assist in preparation of quarterly Board and Risk committee reporting.
• Assist in reviewing capital targets and investment strategies including ALM.
• Provide support to the budget loss ratio exercise and annual financial planning.
• Assist in supporting strategic portfolio reviews and deep dive analyses of certain business segments.
• Assist with implementation of IFRS 17 reporting requirements.
• Assist in other ad-hoc analyses as required.
• Provide leadership and guidance to junior analysts within the region.

What you’ll need to succeed

• Candidate with Mathematics/Actuarial/Statistics/Economics or any related degree background, minimum Associateship qualification with a recognized Actuarial Professional body by MAS.
• Strong experience in the General insurance industry in reserving capacity.
• Familiarity with traditional actuarial techniques and models.
• Ability to manage multiple tasks simultaneously.
• Ability to work as part of a team as well as take responsibility for individual contributions.
• Ability to meet tight deadlines and prioritize own work.
• Effective time management and strong communication skills.
• Ability to forge relationships with other areas of the business.
• Working knowledge of typical actuarial reserving software.
• Strong knowledge of MS Excel and MS Access, knowledge of VB.

Ready to take your career to the next level? 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—as well as your professional development—to bring peace of mind to you and your family.

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). The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

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 APAC Holdings Pte Ltd