Actuary - US Programs

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary – US Programs to take on key responsibilities within a world‑class actuarial function. Make your mark in the Actuarial Team 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 actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Our 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. How you will create an impact We are seeking a senior pricing actuary to support our growing US Programs business. The actuary will help elevate the technical capabilities of the underwriting team through dynamic work projects such as new program due diligence & onboarding, rate filings, rate studies, price monitoring, trend analyses, and building out portfolio management & steering and insight tools. The individual will be a trusted business partner, working with groups like 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. Our actuaries work closely with our MGA partners as well, providing insight and tool assistance as a value add for our business. What you need to know Lead rate studies and communicate results for the US Programs segments. Identify areas to explore further to diagnose potential areas of concern and recommend remediation strategies. Perform due diligence analyses for prospective business and support onboarding for approved programs. Manage renewal process for large/national accounts. Support rate filings for admitted programs, collaborating with product development and general counsel. Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, and help management develop and quantify the impact of underwriting actions. Establish and manage relationships with MGA partners and actuaries. Understanding of reinsurance structures and the ability to calculate cost of reinsurance. Estimate, review, and evaluate actual monthly claim emergence against expectations. Support the annual planning process. Ensure model validation, SOX compliance and documentation standards are met. What we’re looking for BS in Actuarial Science, Mathematics, Statistics, or related area preferred. ACAS or FCAS credential. 6+ years Programs pricing experience or 6+ years of Treaty Reinsurance Pricing, or 8+ years of P&C pricing experience in multiple lines. Experience across a broad array of Commercial Lines, including Property, Auto, General Liability, and Professional Liability. Familiarity with CAT models and the modeling process. Experience with traditional (reinsurance) and non‑traditional transfer of risk vehicles (Lloyd’s Syndicate). Experience in SQL and/or R highly preferred; Power BI or Tableau preferred. Strong relationship‑building skills, with the ability to influence others and drive a process to a conclusion while meeting critical deadlines. Ability to dive into technical and execution level details, do hands‑on work, connect the dots while thinking strategically. Work well both independently and as part of a team. Flexibility and effective time‑management skills. Excellent communication, presentation, and interpersonal skills. The base salary range for this position is $140,000‑$175,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Equal Opportunity and Accommodation 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 View email address on click.appcast.io. #J-18808-Ljbffr