Actuarial Associate
$77k - $97kAIG
Actuarial Associate
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Associate to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team. 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 an actuary with industry expertise to support the Pricing function within our Lexington Excess Casualty segment. The position involves profitability analysis/ deep dive, large accounts pricing review, monthly business KPI reporting, assisting with annual budget and setting portfolio strategy. They will partner with other actuaries in implementing best practices, analytical techniques and assessing the impact of loss trends and claims emergence.
Functional Area: AC - Actuarial AIG PC Global Services, Inc.
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Associate to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team. 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 an actuary with industry expertise to support the Pricing function within our Lexington Excess Casualty segment. The position involves profitability analysis/ deep dive, large accounts pricing review, monthly business KPI reporting, assisting with annual budget and setting portfolio strategy. They will partner with other actuaries in implementing best practices, analytical techniques and assessing the impact of loss trends and claims emergence.
- Support development of pricing models and rate indications using actuarial and statistical techniques
- Prepare, validate, and reconcile data used in pricing analyses
- Assist in pricing analyses, rate proposals, and supporting documentation for business partners
- Support implementation of rating changes in systems, including testing and validation
- Monitor loss trends and portfolio performance metrics and flag notable changes
- Assist with research of market trends, competitor behavior, and external factors affecting pricing
- Produce recurring reports supporting portfolio monitoring and pricing decisions
- Document methodologies, assumptions, and outputs used in pricing analyses
- BS in Actuarial Science, Mathematics, Statistics, or related area
- Completion of one or more actuarial exams
- Foundational knowledge of pricing methodologies (rate adequacy, segmentation, trend)
- Ability to support pricing analyses using structured data under guidance
- Familiarity with pricing data, validation, and tools
- Basic understanding of governance and the business impact of pricing decisions
- Ability to keep manager and immediate team informed on progress, issues, and results
Functional Area: AC - Actuarial AIG PC Global Services, Inc.
Vacancy posted 3 days ago
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