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Position: Senior Actuarial Assistant, AIGRM
Institution: American International Group, Inc.
Location: United States
Duties: We are seeking an actuarial professional to provide actuarial support for AIG’s industry leading Primary Auto Casualty business. This unique role will provide a range of experience in both pricing and reserving and will provide the opportunity to engage with various profit centers within AIGRM (AIG Risk Management). We are looking for an individual who is internally motivated, intellectually curious, has the ability to manage multiple priorities, and is driven to enhance existing processes
Requirements: BS in Actuarial Science, Mathematics, Statistics, or related area; 3 or more actuarial exams preferred; Strong analytical and problem-solving skills; Work well both independently and as part of a team; Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred; Some experience with and interest in predictive modeling techniques preferred; Strong business and collaboration skills and responsive to service needs and operational demands
   
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 Senior Actuarial Assistant, AIGRM NY-New York GA-Atlanta Apply 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 We are seeking an actuarial professional to provide actuarial support for AIG’s industry leading Primary Auto Casualty business. This unique role will provide a range of experience in both pricing and reserving and will provide the opportunity to engage with various profit centers within AIGRM (AIG Risk Management). We are looking for an individual who is internally motivated, intellectually curious, has the ability to manage multiple priorities, and is driven to enhance existing processes. What you need to know: Support quarterly process of determining the appropriate amount of IBNR to be booked. Assist with quarterly financial and regulatory reporting (quarter close) and provide data for annual statement reporting. Analyze information to assist in determination and documentation of the adequacy of loss and loss expense reserves. Assist in analyzing the profitability of business segments within AIGRM for the Auto book. Identify pockets of profitable growth opportunities. Monitor rate, exposure, retention, and adequacy changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to management. Assist in the development of pricing and underwriting strategies. Provide business solutions to maximize risk adjusted profit. Support development and design of analytical tools and pricing raters to help business effectively manage its portfolios. Qualifications: BS in Actuarial Science, Mathematics, Statistics, or related area 3 or more actuarial exams preferred Strong analytical and problem-solving skills Work well both independently and as part of a team Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred Some experience with and interest in predictive modeling techniques preferred Strong business and collaboration skills and responsive to service needs and operational demands Effective time management skill Excellent communication, presentation, and interpersonal skills Strong work ethic Customer focus 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 PC Global Services, Inc Apply Posted 30+ Days Ago Full time JR2102111 About Us 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. Similar Jobs Follow Us © 2021 Workday, Inc. All rights reserved.
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