Actuary - Risk Management

Responsibilities Assist in the independent review of selected AIG policyholder liabilities. This includes: Review claims and premium data quality for property and casualty insurance lines. Build benchmark reserving models and design statistical tests to review and challenge reserving model assumptions (risk segmentation, trends, loss development factors etc.) and the conceptual soundness of selected model specifications. Keep up with industry trends and research on the latest development on reserving methodologies and acquire various external data to complement the Reserve Analysis. Support the documentation of this view to local Boards/Committees, the AIG Audit Committee, the AIG Risk Committee and the Reserve Committee. Assist in the independent review for selected high priority Pricing and Underwriting Models. This includes: Work closely with pricing actuaries to understand model development inventory and work closely with modelers during review process. Identify high risk pricing and underwriting models which require ERM review under the AIG Model Risk Management Policy. Acquire documentation, controls, data, validation and technical specification to assess. Help guide first line to best practices if these do not exist. Prepare reports on results of independent review to support robust governance function. Effectively communicate and present model review findings to Enterprise Risk Management leadership, Finance Actuarial, Underwriting and other key stakeholders. Work with various functions including actuarial, claims, underwriting, and the economics teams to build models or evaluate scenarios to quantify emerging risks and potential market shocks to enhance the company’s overall risk framework, providing insights that drive business success. Support technical review of other non‑actuarial models when requested. Qualifications University undergraduate degree and an Associate of Casualty Actuary Society or equivalent. A minimum of 7 years specializing in actuarial and/or risk management ideally with experience from a property and casualty (re)insurer or a consulting background if the requisite management and industry experience are evident. Strong analytical skills, knowledge of drivers of risk and knowledge of the insurance market. Ability to build proactive working relationships with stakeholders across various departments and effect change through use of influencing skills. Proven ability to maintain independent perspective and challenge management on risk‑related decisions. Ability to communicate complex matters in a simple and clear manner. Location & Salary Opportunity can be located either in NYC, NY; Jersey City, NJ; Parsippany, NJ; or Boston, MA. For positions based in New York, the base salary range is $120,000–$150,000; in New Jersey, $118,000–$150,000; in Boston, $120,000–$150,000. The position is eligible for a bonus in accordance with the applicable incentive plan. Benefits We offer a comprehensive benefits package that includes health, wellness, financial security, and professional development opportunities as outlined in our 2025 Benefits Summary. Equal Employment Opportunity & Accommodations 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 category. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you need a reasonable accommodation, please send an email to View email address on click.appcast.io. Functional Area RK – Risk AIG PC Global Services, Inc. #J-18808-Ljbffr