www.acad.jobs : academic jobs worldwide – and the best jobs in industry
                
     
Position: Commercial Pricing Actuary
Institution: American International Group, Inc
Location: Toronto, Ontario, Canada
Duties: Provide strategic actuarial advise to senior management with respect to issues such as rate indications and pricing; Develop structure for regular review of rate adequacy and profitability; Transactional Pricing; Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy; Identify current capabilities and gaps in data capture; Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models; Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations; Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price)
Requirements: BS in Actuarial Science, Mathematics, Statistics, or related area; Fellow of Casualty Actuarial Society or close to completing actuarial exams; 5 years or more actuarial experience in property casualty insurance. Pricing experience preferred; Strong analytical, technical, time management and problem- solving skills; Takes initiative on projects and assignments; seeks alternative solutions; Works well both independently and as part of a team; Proficiency in Excel, Access, VBA, or other related skills
   
Text: We may use cookies on this site for some functionality to work properly. If you do not want information collected through the use of cookies, there is a simple procedure in most browsers that allows you to decline cookies. For more information, please read our cookie policy. Skip to main content Commercial Pricing Actuary Toronto Functional Area: AC - Actuarial Estimated Travel Percentage (%): No Travel Relocation Provided: No AIG Insurance Company of Canada Commercial Pricing Actuary Location: Toronto 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, 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 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. About the role What you need to know: Monitor profitability for Canadian profit centres and work with management to set rate targets each year • Provide strategic actuarial advise to senior management with respect to issues such as rate indications and pricing • Develop structure for regular review of rate adequacy and profitability • Transactional Pricing • Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy • Identify current capabilities and gaps in data capture • Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models. • Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations • Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price). What we are looking for: BS in Actuarial Science, Mathematics, Statistics, or related area. Fellow of Casualty Actuarial Society or close to completing actuarial exams 5 years or more actuarial experience in property casualty insurance. Pricing experience preferred. Strong analytical, technical, time management and problem- solving skills. Takes initiative on projects and assignments; seeks alternative solutions. Works well both independently and as part of a team. Proficiency in Excel, Access, VBA, or other related skills. Strong business and collaboration skills, and responsive to service needs and operational demands. Effective time management skill. Capability to balance multiple projects with competing deadlines. AIG Employer Spotlight Did you know, AIG Canada is the proud recipient of the Top Employers for Young People award in 2019, and recently named Top GTA Employer for 2019. AIG Canada offers numerous programs and policies to attract and retain talent, such as: Formal Mentorship Program, Tuition Reimbursement, Employee Resource Groups, Flexible Working Arrangements, Early Career Development Programs, Generous Paid Time Off, Global Mobility, and Pension & Savings Plan Eligibility from Day One. Careers at AIG are as diverse as its people. At AIG, we value diversity in all its forms, from backgrounds and skills to new ideas and thinking styles. Our commitment to diversity and inclusion is visible in all aspects of our organization. Experience the AIG movement, and join our exciting team! It 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. Posted 29 Days Ago Full time JR2002630 About Us 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, life insurance, retirement products 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. AIG common stock is listed on the New York Stock Exchange. Join our Talent Network . Additional information about AIG can be found at www.aig.com | YouTube | Twitter | LinkedIn. 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.. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds. Follow Us © 2020 Workday, Inc. All rights reserved.
Please click here, if the job didn't load correctly.







Please wait. You are being redirected to the job in 3 seconds.