Shanghai

Graduate

Part Qualified

Life

Health

Property & Casualty

Products

Reserving

Reinsurance

Risk

Python

Modelling

Data Science

Coding

Pricing

Consulting

If you want to experience how things are done in L&amp;H MS &amp; Innovation Team at Hannover Re's Shanghai Branch, join us.Responsibilities:<ul><li>Conduct market research to identify emerging trends, new technologies and regulations in the insurance industry.</li><li>Assist in promoting collaboration with external providers or InsurTechs.</li><li>Support end-to-end project delivery, including timelines, stakeholder coordination, and documentation.</li><li>Assist in preparing reports regularly on project progress and outcomes.</li><li>Assist in other ad-hoc projects or tasks.</li></ul>Requirements:Essential:<ul><li>Bachelor’s degree or above.</li><li>2–3 years of working experience in the insurance industry.</li><li>Strong communication and interpersonal skills.</li><li>Proficient in Chinese.</li><li>Fluency in English.</li><li>Proficiency in Microsoft Office.</li></ul>Preferred:<ul><li>Experience in managing projects or working with cross-functional teams.</li><li>Experience in or familiar with emerging trends, InsurTechs, AI, and IT.</li></ul>What We Offer:Atmosphere: You will find an international working environment with short decision channels, an open feedback culture, and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, superior benefits as well as modern offers for personal development, health management, and work-life balance.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

Your future teamAs an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Underwriting, Marketing, Operations and Finance and Business Management Team.About the roleThe Actuarial Analyst will be a key member in APAC Accident & Health (A&H), Travel and Warranty Pricing and Portfolio Management team (PPM), working closely with regional business, underwriting team and local business units.What you need to know:<ul><li>Produce pricing analyses/rate level indications at a portfolio or individual account level with accuracy and within agreed timescales by work closely with underwriters. Ensure appropriate loss cost assumptions are adopted, expenses are loaded as per global expense guidance and pricing methodologies are actuarially sound and in accordance with global pricing guidance.</li><li>Actively involved in quarterly business review exercise. Identify and communicate key trends and/or loss drivers to stakeholders and subsequently recommending and monitoring of remedial actions.</li><li>Collaborate with Data, System, and Underwriting functions to optimize local data platform, BI tools, and portfolio management mechanism, regularly maintain dashboard and update mapping table as needed.</li><li>Support the annual budget loss ratio exercise by engaging with local/regional business and underwriting team. Liaising with regional/international actuaries on the budget loss ratio exercise.</li><li>Support regional input on global guidelines and data collection as needed</li><li>Provide the local business with ad hoc actuarial support as required to profitably grow their business and take remedial action where needed.</li><li>Assist in researching and developing best estimate assumptions and advanced pricing techniques/predictive modelling.</li><li>Consistently optimize pricing models of various products/ business lines, leveraging VBA or other programs to enhance the automation of models.</li><li>Support the annual Marketing Allowable review exercise, compute lapse ratios for different segments, and implement the Marketing Allowable in Salesforce.</li><li>Creation and regular maintenance and updates of pricing templates and documentations for various regions and minor lines of business.</li><li>Creation and maintenance of pricing assumptions and rate libraries, ensuring log is updated timely for changes in the rate libraries.</li><li>Documentation of key pricing assumptions, SOP, and best practices for various process within PPM.</li><li>Any other duties as required.</li></ul>What we are looking for:<ul><li>Bachelor or above degree in Actuarial Science, Mathematics, Statistics, Data Science or related area preferred.</li><li>Strong ability in data science, proficiency in SQL and at least one programming language (e.g. R/Python/SAS) is a must, willingness to pick up new programming languages and tools if needed.</li><li>Proficiency in Microsoft Office is a must, VBA is preferred.</li><li>Relevant internship experience in insurance, reinsurance, or data science field.</li><li>Strong analytical and problem-solving skills.</li><li>Excellent communication, presentation, and interpersonal skills.</li><li>Willing and able to continuously learn and adapt in a dynamic and fast changing environment.</li></ul>Reimagining insurance to make a bigger difference to the worldAmerican 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 belongingWe’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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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. If you believe you need a reasonable accommodation, please send an email to candidatecare&#64;aig.com.Functional Area:
AC - ActuarialEstimated Travel Percentage (%):Relocation Provided:AIG Insurance Company China Limited

Your future teamAs an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk.Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. They collaborate with Underwriting, Marketing, Operations and Finance and Business Management Team.About the roleThe Actuarial Analyst will be a key member in APAC Accident &amp; Health (A&amp;H), Travel and Warranty Pricing and Portfolio Management team (PPM), working closely with regional business, underwriting team and local business units.What you need to know:<ul><li>Produce pricing analyses/rate level indications at a portfolio or individual account level with accuracy and within agreed timescales by work closely with underwriters. Ensure appropriate loss cost assumptions are adopted, expenses are loaded as per global expense guidance and pricing methodologies are actuarially sound and in accordance with global pricing guidance.</li><li>Actively involved in quarterly business review exercise. Identify and communicate key trends and/or loss drivers to stakeholders and subsequently recommending and monitoring of remedial actions.</li><li>Collaborate with Data, System, and Underwriting functions to optimize local data platform, BI tools, and portfolio management mechanism, regularly maintain dashboard and update mapping table as needed.</li><li>Support the annual budget loss ratio exercise by engaging with local/regional business and underwriting team. Liaising with regional/international actuaries on the budget loss ratio exercise.</li><li>Support regional input on global guidelines and data collection as needed</li><li>Provide the local business with ad hoc actuarial support as required to profitably grow their business and take remedial action where needed.</li><li>Assist in researching and developing best estimate assumptions and advanced pricing techniques/predictive modelling.</li><li>Consistently optimize pricing models of various products/ business lines, leveraging VBA or other programs to enhance the automation of models.</li><li>Support the annual Marketing Allowable review exercise, compute lapse ratios for different segments, and implement the Marketing Allowable in Salesforce.</li><li>Creation and regular maintenance and updates of pricing templates and documentations for various regions and minor lines of business.</li><li>Creation and maintenance of pricing assumptions and rate libraries, ensuring log is updated timely for changes in the rate libraries.</li><li>Documentation of key pricing assumptions, SOP, and best practices for various process within PPM.</li><li>Any other duties as required.</li></ul>What we are looking for:<ul><li>Bachelor or above degree in Actuarial Science, Mathematics, Statistics, Data Science or related area preferred.</li><li>Strong ability in data science, proficiency in SQL and at least one programming language (e.g. R/Python/SAS) is a must, willingness to pick up new programming languages and tools if needed.</li><li>Proficiency in Microsoft Office is a must, VBA is preferred.</li><li>Relevant internship experience in insurance, reinsurance, or data science field.</li><li>Strong analytical and problem-solving skills.</li><li>Excellent communication, presentation, and interpersonal skills.</li><li>Willing and able to continuously learn and adapt in a dynamic and fast changing environment.</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. Reasonable accommodations will be determined on a case-by-case basis.

If you want to experience how things are done in our office Hannover Re Shanghai, China, start planning your next career step with us and join our collaborative team on a permanent, full-time basis, commencing at the earliest possible date as an Actuarial Assistant.Your Tasks<ul><li>Closely monitor and accelerate statement checking process</li><li>Analyze data from actuarial point of view</li><li>Assist Product Actuary on experience study on inforce portfolio</li><li>Communicate with TAD colleagues for statement problems</li><li>Participate in ad-hoc projects</li></ul>Your Profile<ul><li>Bachelor degree or above</li><li>Fresh graduate or one year working experience in insurance industry</li><li>Proficient in both Chinese and English</li><li>Proficient in Microsoft office</li><li>Basic knowledge in database</li><li>Good communication skills &amp; team player</li><li>Self-disciplined</li></ul>What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!If you too would like the assurance of a different way of working, take your next career step with us.

The Milliman Shanghai office provides consulting services to a broad array of clients in the Property &amp; Casualty and Health fields. We are looking for a junior-level actuarial analyst or fresh graduate.This position provides excellent opportunities for professional development and advancement. This position is open not only to candidates with an actuarial degree, but also to those with a degree with a high quantitative and analytical content (e.g. mathematics, statistics, operational research, risk management, engineering, etc). The candidate should have excellent analytical, communication, time management and organizational skills. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques.Job Responsibilities<ul><li>Data preparation and analysis for the actuarial reserving works</li><li>Actuarial assistance to the development of new products and premium rates as well as the risk profile analysis</li><li>Actuarial support for due diligence and appraisal value for mergers and acquisitions of heath and non-life insurance companies</li><li>Client interaction including data collection, project updates and follow-ups</li><li>Creative problem-solving using spreadsheets, databases, and other resources to synthesize and analyze data and information</li><li>Presenting results to peers, project managers, and client relationship managers</li><li>Drafting written reports and preparing other external/internal correspondence</li><li>Preparing and documenting project files</li><li>Assisting with research and marketing projects</li></ul>What we're looking for<ul><li>Fresh graduates or 1-2 years’ experience in health and non-life actuarial position, with Bachelor degree or above in Mathematics, Statistics, Actuarial Science or related field</li><li>Proficiency with spreadsheets and database applications (Microsoft Office products)</li><li>R, SQL, SAS knowledge a plus</li><li>Proficiency in English and Chinese Mandarin</li><li>Strong quantitative and analytical skills</li><li>Strong communication (written and oral), and organizational skills</li><li>Client-focused, results-driven, and detail-oriented</li><li>Strong time management skills</li><li>Self-motivated and creative problem solver</li><li>Ability to work independently and in a team environment</li></ul>About MillimanMilliman is among the world’s largest providers of actuarial, risk management, and related technology and data solutions. Our consulting and advanced analytics capabilities encompass healthcare, property and casualty insurance, life insurance and financial services, and employee benefits. With more than 4,600 employees and revenue of US$1.38 billion in 2021, the firm serves the full spectrum of business, financial, government, union, education, and nonprofit organizations.Founded in 1947, Milliman today has offices in principal cities worldwide, covering markets in North America, Latin America, Europe, Asia and the Pacific, the Middle East, and Africa.

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