Senior Actuarial Analyst (US Programs)

Senior Actuarial Analyst - US Programs

At AIG, we are reimagining the way we help customers manage risk. Join us as a Senior Actuarial Analyst - US Programs to take on key responsibilities within a world-class actuarial function.

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

We are seeking a dynamic Senior Actuarial Analyst to assist with pricing the US Programs business. The Senior Actuarial Analyst will help elevate the technical capabilities of the underwriting team through dynamic work projects such as new program due diligence and onboarding, rate filings, rate studies, price monitoring, trend analyses, and building out portfolio management tools.

The individual will be a trusted business partner, working with groups such as underwriting and product development to understand account decision-making and pricing practices to support Programs in ensuring profitable growth. This will also be an external/client-facing role as the actuary will engage with MGA Underwriters and Actuaries.

• Work closely with underwriting to develop pricing and underwriting strategies, and assist in the execution and monitoring of said strategies.
• Complete profitability studies on assigned programs and present analysis in front of business partners at varying levels of the organization.
• Perform due diligence analyses for prospective business and support onboarding for approved programs.
• Engage with MGA underwriters and actuaries.
• Various ad hoc pricing tasks including profitability studies, development of new products, rate and other KPI monitoring, and filings support.
• Work with the underwriters and rate filings unit to manage program-specific and state rate filings.
• Produce and distribute relevant recurring reports as required.
• Support development and maintenance of pricing tools such as pricing models, raters, and other analytical tools.

What we’re looking for

• 3+ CAS exams.
• Programming proficiency required (e.g. SQL, Python, VBA, R, etc).
• 2+ years of pricing experience across a broad array of commercial lines, including property, auto, general liability, and professional liability.
• Familiarity with AI tools a plus.
• Strong analytical and problem-solving skills and can work independently and as part of a team.
• Strong business and collaboration skills, and responsive to service needs and operational demands.
• Effective time management skills.
• Excellent communication, presentation, and interpersonal skills.
• Customer focus.

The base salary range for this position is $108,000 - $134,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits.

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

National Union Fire Insurance Company of Pittsburgh, Pa.