Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.
What you need to know:
The Global Specialty Credit Lines Actuarial Analyst will be responsible for supporting the business, providing pricing analyses and granular performance monitoring.
This is a fantastic role where you will have the opportunity to make your mark and work on some really interesting risks. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary.
Some of the key responsibilities include:
Provide the business with the actuarial support it requires to profitably grow the business and take remedial action where needed.
Support the development, alignment, and execution of portfolio strategies.
Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.
Monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.
Produce pricing analysis for the business using tools such as R and Python within agreed timescales, working closely with underwriters.
Create and contribute to reports and management information, including use of Power BI dashboards, so that underwriters can optimise performance.
Work closely with underwriting management to identify profitable new business and growth opportunities.
Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
Comply with key regulatory and risk management procedures.
What we’re looking for
Degree in Mathematics or related discipline
Relevant actuarial experience, ideally within General Insurance
Understanding of actuarial pricing concepts/methodologies
Strong analytical and problem solving skills
Strong MS Excel skills
Coding experience in Python, R, VBA or other programming languages desirable
Ability to work well both independently and as part of a team
Excellent communication, presentation, and interpersonal skills.
#LI-AIG
A look at our Benefits
We'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 Employer
American 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.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
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 [email protected] . Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
AC - Actuarial
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd
At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (http://www.twitter.com/AIGInsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.