Associate Actuary - Professional Lines Pricing - Lexington

Associate Actuary - Professional Lines Pricing - Lexington At AIG, we are reimagining the way we help customers manage risk. Join us as an Associate Actuary - Professional Lines Pricing - Lexington to take on key responsibilities within a world‑class actuarial function. AIG Lexington Insurance Company is a leading U.S.–based surplus lines insurer. For more than 50 years, Lexington has provided innovative and flexible solutions to companies and organizations of all sizes – from Fortune 100 corporations to small and middle market businesses. Lexington is renowned for its ability to help brokers find solutions to the most challenging insurance needs. Responsibilities Analyze the profitability of the Lexington professional lines book with a focus on claims‑made liability portfolios. Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities. Assist in the pricing of large accounts. Maintain rating tools, including updating, improving, and maintaining the statistical tools behind raters, and work closely with underwriting to implement usability updates, new features, and new capabilities as necessary. Monitor loss trends and relevant industry/regulatory changes with a view to communicate these trends effectively to management. Monitor rate, exposure, retention, new, lost business changes. Assist in providing business solutions to maximize risk‑adjusted profit – develop actuarial reports to help the business effectively manage existing portfolios. Work closely with reserving actuaries, finance partners, and claim specialists to understand portfolio dynamics and contribute to information‑sharing initiatives with these partners. Research, maintain, develop and review advanced pricing techniques including generalized linear models. Qualifications BS in Actuarial Science, Mathematics, Statistics, or related area. ACAS or FCAS preferred. 3 years or more actuarial experience in property casualty insurance – modelling or pricing experience is a plus. Strong analytical and problem‑solving skills. Excellent communication, presentation, and interpersonal skills. Work well both independently and as part of a team. Proficiency in R, SQL, Excel or other related skills. Strong business and collaboration skills, and responsive to service needs and operational demands. The base salary range for this position is $124,000–$155,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We also offer a competitive benefits package, for example access to health, wellness, financial security, and professional development programs. To learn more, see US Benefits Overview. 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. 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 Dormont Manufacturing Co