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Position: Property Reserving Lead - UK and AESA
Institution: American International Group, Inc.
Location: London, United Kingdom
Duties: This role will manage the coordination of the reserving process for UK & Europe. This key role will be highly visible, as you will have the opportunity to interact with and advise senior management. We are looking for an individual who is internally motivated, intellectually curious, has the ability to work independently and manage multiple projects and tasks, and is driven to enhance existing processes; Manage the timely and accurate delivery of the UK and AESA reserve results; This includes owning the reserving process as well as the timelines and various stakeholders outside of Actuarial (local senior management, Finance, Solvency II and New York teams); Work with the Finance Team & Group Actuarial to ensure accurate representation of UK & AESA Reserve results in Finance and Actuarial systems
Requirements: BS in Actuarial Science, Mathematics, Statistics, or related field; Qualified Actuary (FIA, FCAS) preferred; 7+ years experience in General Insurance; Strong leadership, analytical and problem solving skills; Effective project management, time management and organizational skills; Strong business and collaboration skills; responsive to service needs and operational demands; Excellent communication, presentation, and interpersonal skills; Customer focus
   
Text: Skip to main content 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. careers Job Details, Property Reserving Lead - UK and AESA Property Reserving Lead - UK and AESA Apply Property Reserving Lead - UK and AESA Apply locations London time type Full time posted on Posted 20 Days Ago job requisition id JR2106493 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: This role will manage the coordination of the reserving process for UK & Europe. This key role will be highly visible, as you will have the opportunity to interact with and advise senior management. We are looking for an individual who is internally motivated, intellectually curious, has the ability to work independently and manage multiple projects and tasks, and is driven to enhance existing processes. Manage the timely and accurate delivery of the UK and AESA reserve results. This includes owning the reserving process as well as the timelines and various stakeholders outside of Actuarial (local senior management, Finance, Solvency II and New York teams). Work with the Finance Team & Group Actuarial to ensure accurate representation of UK & AESA Reserve results in Finance and Actuarial systems Coordinate of the deployment of Group Actuarial Reserving systems including user testing Ensure appropriate controls are in place for the reserving process Lead coordination of the annual audit reviews, independent reserve reviews, internal audit and SOX reviews on behalf of Actuarial Coordinate the production of Year-End reserve reports Coordinate the production of Reserving MI deliverables Involvement in the capital model calibration process and support in other key Solvency II activities Ensure robust feedback mechanisms with all stakeholders Support continuous improvement to key processes Monitor adherence to procedures and methodologies. What we’re looking for: BS in Actuarial Science, Mathematics, Statistics, or related field Qualified Actuary (FIA, FCAS) preferred 7+ years experience in General Insurance Strong leadership, analytical and problem solving skills Effective project management, time management and organizational skills Strong business and collaboration skills; responsive to service needs and operational demands Excellent communication, presentation, and interpersonal skills Customer focus A look at our benefits At 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 Employer 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. 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. 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 candidatecare@aig.com. 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. Service Branch) & American International Group UK Ltd Similar Jobs (4) Financial Lines Actuary location London time type Full time posted on Posted 30+ Days Ago Technical Pricing Project Manager location London time type Full time posted on Posted 30+ Days Ago Actuarial Reserving Manager location London time type Full time posted on Posted 30+ Days Ago About Us Logo We're a leading global insurance organization with operations in approximately 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units. What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk. We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees 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 . 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. 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