Philadelphia PA

Boston MA

New York NY

Atlanta GA

Chicago IL

Parsippany NJ

Jersey City NJ

Farmington CT

Wilton CT

Part Qualified

Associate

Life

Health

Property & Casualty

Reserving

Reporting

Risk

Python

Modelling

Pricing

Excel

Power BI

Tableau

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, AIG member companies provide a wide range of property casualty insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks.General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.As 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 Financial Actuaries are on the frontlines, quantifying risk, pricing insurance, and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics, and performance measurement. They collaborate with Marketing, Operations, and Financial Management.Senior Actuarial Analyst - A&amp;HAt AIG, we are reimagining the way we help customers manage risk. Join us as an Actuarial Analyst to take on key responsibilities within a world-class actuarial function.Make your mark in ActuarialOur 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 impactThe Pricing &amp; Portfolio Management Actuaries focus on directly supporting AIG’s businesses and are responsible for technical pricing, product development analytics, performance monitoring and measurement, as well as assessment of reinsurance needs.The candidate will be responsible for assisting with a wide range of actuarial activities to support AIG’s North American Accident &amp; Health business unit. The position will work closely with business leads, product managers, underwriting, and other functional areas to deliver a wide range of actuarial support for new and existing products.The successful candidate will be technically strong, possess deep actuarial and insurance knowledge, be able to manage priorities, and think creatively for new product expansion.<ul><li>Collaborate with North American Accident &amp; Health business teams to design, price, file, and monitor a diverse line of A&amp;H products.</li><li>Prepare experience reports and other required response materials per regulatory requests.</li><li>Support strategic innovation initiatives through building and evaluating new products and benefits.</li><li>Assist with the preparation of actuarial memorandums and rate manuals to support regulatory filings.</li><li>Respond to objections and regulatory requests.</li><li>Support experience and rate indication studies across accounts, portfolios, and business segments to ensure rate adequacy and regulatory compliance.</li><li>Lead the budgeting process and other financial projection/reporting projects.</li><li>Interact with various internal and external stakeholders.</li><li>Assist with the development, enhancement, and maintenance of underwriting rating tools and engines.</li><li>Other ad-hoc and special projects as needed.</li></ul>What you'll need to succeed<ul><li>Bachelor’s degree or equivalent.</li><li>Nearing ASA or ACAS Designation.</li><li>3+ years of actuarial experience, preferably in the Accident and Health field.</li><li>Skills with Excel VBA, PowerPoint, Access.</li><li>Knowledge of R, Python, and/or other data visualization software a plus.</li><li>Strong verbal and written communication skills.</li></ul>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 mattersAt 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 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 inclusionWe’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 - ActuarialNational Union Fire Insurance Company of Pittsburgh, Pa.

Associate Actuary - PCSAt AIG, we are reimagining the way we help customers manage risk. Join us as the Associate Actuary - PCG to take on key responsibilities within a world-class actuarial function.Make your mark in ActuarialOur 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 impactWe are seeking a reserving actuary to support our US Personal Lines Programs business. This role is critical to business profit evaluation and optimal reserving.The Associate Actuary will also support price monitoring, trend analyses, and building out portfolio management and insight tools. The individual will be a trusted business partner, working with groups like Claims, Underwriting, and Finance to support Personal Lines Programs in ensuring profitable growth.Our actuaries work closely with our MGA partners, providing insight and tool assistance as a value add for our business.<ul><li>Assist with analysis of the reserving segments</li><li>Analyze data and other information to determine loss and expense reserve adequacy using actuarial techniques</li><li>Prepare reserve study documentation; prepare information for financial statements</li><li>Evaluate the appropriate IBNR to be booked each quarter, and prepare Sarbanes Oxley documentation</li><li>Estimate, review, and evaluate actual monthly claim emergence against expectations</li><li>Assist MGA partners in better understanding their own data capabilities. Build data “bridges”, performance monitoring, and rate tool support</li><li>Monitor loss trends and relevant industry/regulatory changes, and effectively communicate to management</li><li>Support the annual planning process</li><li>Ensure model validation, SOX compliance, and documentation standards are met</li></ul>What you’ll need to succeed<ul><li>BS in Actuarial Science, Mathematics, Statistics, or related area preferred</li><li>ACAS, or nearing ACAS</li><li>5+ years’ experience, personal lines required, with history of Programs or delegated underwriting preferred</li><li>Proficiency in Microsoft Office required</li><li>Experience in SQL and/or R highly preferred, Power BI or Tableau preferred</li><li>Strong relationship building skills, with the ability to influence others and drive a process to a conclusion while meeting critical deadlines</li><li>Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically</li><li>Work well both independently and as part of a team</li><li>Flexibility and effective time management skills</li><li>Excellent communication, presentation, and interpersonal skills</li></ul>Ready to set new industry standards? We would love to hear from you.Enjoy benefits that take care of what mattersAt 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 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).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.

Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.As 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 Financial Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement. They collaborate with Marketing, Operations and Financial Management.About the roleWe are seeking an actuarial professional with industry expertise to support Personal Lines Pricing for the AIG Private Client Select Insurance Services. The pricing actuary will be responsible for working with the product, underwriting, compliance, and finance teams to develop and execute our rate plans and provide customized pricing support for unique risks. They will partner with other pricing actuaries in implementing best practices for analytical techniques.Candidate must have skills to work within a team while contributing directly to select areas as needed. Background in property & casualty pricing is essential. Familiarity with personal lines & homeowners is a plus. As part of the larger PCG Actuarial team, the actuary is expected to work seamlessly with the PCG reserving, countrywide modeling & analytics teams. The role also partners with Product, Finance, Data, and IT.What you need to know:<ul><li>Run and review rate indications</li><li>Develop rating proposals working with the Product team</li><li>Support premium raters, and the rating validation & testing process</li><li>Extract/review data quality and help build databases relevant to personal lines</li><li>Produce state rate filings and respond to department inquiries and objections</li><li>Do various pricing analysis on territories and /or segments as needed / requested</li><li>Work closely with the accounting and finance teams to support all monthly, quarterly, and annual reporting needs</li><li>Work with analytics / modeling staff to interpret and apply research</li><li>Clearly and concisely improve the documentation of all procedures</li><li>Provide timely support for all audit requests</li><li>Assist in the development of product and pricing strategies.</li><li>Work extensively with the claims team to obtain updated loss information</li><li>Work closely with other actuaries in the unit on reserving / modeling / data</li><li>Develop and maintain analysis to fit company process changes and add efficiency to current procedures</li><li>Build / enhance reports and assist in developing product and/or actuarial reports</li><li>Prepare actuarial memorandum</li><li>Respond to various ad hoc requests and special projects as they arise</li></ul>What we’re looking for:<ul><li>BS in Actuarial Science, Mathematics, Statistics, or related area</li><li>CAS Exam 5 and +, working towards Actuarial designations</li><li>Proven track record in property & casualty pricing/reserving, personal lines and/or high net worth experience preferred</li><li>Strong analytical and problem-solving skills</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands</li><li>Proficiency in Excel required. SQL, R, or other similar programming languages preferred</li><li>Effective time management skills</li><li>Excellent communication, presentation, and interpersonal skills</li><li>Customer focus</li></ul>The job can only be performed in the state location(s) listed.For positions based in NYC, the base salary range is $108,000-$135,000. For positions based in Jersey City, NJ, the base salary range is $90,000-$120,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.A look at our BenefitsWe're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.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.

Who we are:American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the business:General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.About the role:As 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 Financial Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing Actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement. They collaborate with Marketing, Operations and Financial Management.Key Responsibilities:<ul><li>Manage a team of pricing analysts</li><li>Run and review rate indications</li><li>Develop rating proposals working with the Product team</li><li>Support premium raters, and the rating validation &amp; testing process</li><li>Extract/review data quality and help build databases relevant to personal lines</li><li>Produce state rate filings and respond to department inquiries and objections</li><li>Do various pricing analysis on territories and /or segments as needed / requested</li></ul>What we’re looking for:We are seeking an actuarial professional with industry expertise to support Personal Lines Pricing for AIG&#39;s products sold through Private Client Select Insurance Services (PCS). The pricing actuary will be responsible for working with the product, underwriting, compliance, and finance teams to develop and execute our rate plans and provide customized pricing support for unique risks. They will partner with other pricing actuaries in implementing best practices for analytical techniques.Candidate must have skills to work within a team while contributing directly in select areas as needed. A background in property &amp; casualty pricing is essential. Familiarity with personal lines &amp; homeowners is a plus. As part of the larger PCS Actuarial team, the actuary is expected to work seamlessly with the PCS reserving, countrywide modeling &amp; analytics teams. The role also partners with Product, Finance, Data, and IT.<ul><li>BS in Actuarial Science, Mathematics, Statistics, or related area</li><li>CAS Exam 5 and &#43;, working towards Actuarial designations</li><li>5&#43; years of actuarial experience; including mentoring or managing actuaries</li><li>Property and Casualty Pricing Experience</li><li>Proven track record in pricing/reserving, personal lines and/or high net worth experience preferred</li><li>Strong analytical and problem-solving skills</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands</li><li>Proficiency in Excel required. SQL, R, or other similar programming languages preferred.</li><li>Effective time management skill</li><li>Excellent communication, presentation, and interpersonal skills.</li><li>Customer focus</li></ul>For positions based in NYC, the base salary range is $110,000-$138,000. For positions based in Jersey City, NJ, the base salary range is $93,000-$138,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.A look at our BenefitsWe're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.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. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare&#64;aig.com. Reasonable accommodations will be determined on a case-by-case basis.

Experience

Sector

Hide closed jobs

Find Actuary & Actuarial Jobs in Wilton, CT