Sr Actuarial Analyst

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

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 Financial Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Portfolio Analytics and Pricing 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.

Senior Actuarial Analyst - A&H

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Analyst to take on key responsibilities within a world-class actuarial function.

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

The Pricing & Portfolio Management Actuaries focus on directly supporting AIG’s businesses and are responsible for technical pricing, product development analytics, performance monitoring and measurement, as well as assessment of reinsurance needs. The team also works with marketing, operations, and financial management to achieve AIG’s business objectives.

The candidate will be responsible for assisting with a wide range of actuarial activities to support AIG’s North American Accident & Health business unit. The position will work closely with business leads, product managers, underwriting and other functional areas to deliver a wide range of actuarial support for new and existing products. The successful candidate will be technically strong, possess deep actuarial and insurance knowledge, be able to manage priorities, and think creatively for new product expansion.

Collaborate with North American Accident & Health business teams to design, price, file, and monitor a diverse line of A&H products.

• Collaborate with North American Accident & Health business teams to, design, price, file and monitor a diverse line of A&H products.
• Prepare experience reports and other required response materials per the regulatory requests.
• Support strategic innovation initiatives through building and evaluating new products and benefits.
• Assist with the preparation of actuarial memorandums and rate manuals to support regulatory filings. Respond to objections and regulatory requests.
• Support experience and rate indication studies across accounts, portfolios, and business segments to ensure rate adequacy and regulatory compliance.
• Lead the budgeting process and other financial projection / reporting projects.
• Interact with various internal and external stakeholders.
• Assist with the development, enhancement, and maintenance of underwriting rating tools and engines.
• Other ad-hoc and special projects as needed.
   

What you'll need to succeed

• Bachelor’s degree or equivalent.
• Nearing ASA or ACAS Designation
• 3+ years of actuarial experience, preferably in Accident and Health field.
• Skills with Excel VBA, Power Point, Access.
• Knowledge of R, Python and/or other data visualization software a plus.
• Strong verbal and written communication skills.

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.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

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 [email protected].