Who we areAmerican 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, life 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 businessGeneral 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.
AIG Risk Management (AIGRM) provides Commercial Casualty Insurance coverage (Auto, General Liability & Workers Compensation) to large national companies.
We are seeking an actuarial professional to assist with both the pricing and reserving aspects of the business.
The Large Account Pricing Actuary will work on profitability studies, profitability deep dives, annual reserve analyses, quarterly actual versus expected monitoring, reserve roll forwards, internal and external reporting and pricing model development & enhancements.
This roleis very collaborative in nature and requires working with a wide range of stakeholders including other actuarial teams, underwriting, finance and claims.
About the roleWhat you need to know:The Large Account Pricing Actuary will be responsible for individual account pricing reviews for the Northeast Region of AIG for multiple lines of business.
The lines of business include workers’ compensation, general liability and commercial auto for primary coverages.
Pricing responsibilities include communication of actuarial pricing to underwriters, clients and brokers.
Occasional business travel may be required.As an individual contributor, you will be expected to actively manage the deal pipeline with underwriters, while delivering within tight deadlines.Participate in peer reviews and impact analyses of default parameters within the pricing tools.Participate in ad hoc projects around different initiatives of our group.
Communicate results of the projects to a variety of technical and non-technical audiences across the organization.Work in close collaboration with key internal business partners from a variety of functional areas to ensure the success of underwriting and pricing strategies.
What we’re looking for:ACAS/FCASRelevant actuarial experience in Casualty/SpecialtyAbility to work independently and as a team playerExcellent analytical and quantitative skillsStrong influencing skills – ability to work with cross-functional teams to gather inputs and align objectives and recommendations.Excellent communication skills – ability to communicate with clarity across the organization.Proven project management skills – ability to manage and coordinate large and complex projects across the organization.Creative problem solvingPreferred qualificationsPricing experience in workers’ compensation, automobile liability, general liability, umbrella and excess lines, or other commercial products preferredProgramming skills (VBA, SAS, Python, R, etc.) would be a plus A look at our benefitsAt AIG, we have a 100-year legacy of working to make the world a better place.
And that begins with our employees.
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, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.
We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers.
AIG also has a tuition reimbursement program for eligible employees 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 EmployerIt has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer.
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.
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.
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 candidatecareaig.com.
Reasonable accommodations will be determined on a case-by-case basis.
In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG’s COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG.
Exemptions may be considered on a case by case basis.Functional Area:AC Actuarial Estimated Travel Percentage (%): No Travel Relocation Provided: No National Union Fire Insurance Co of Pittsburgh, PA