Actuarial Analyst - Global Pricing

Reposted 3 Days Ago
Be an Early Applicant
London, Greater London, England
In-Office
Junior
Insurance
The Role
As an Actuarial Analyst, you will quantify risk, price insurance, support strategic pricing initiatives, and collaborate with senior stakeholders in a global team.
Summary Generated by Built In

Join us as an Actuarial Analyst in our Global Pricing team within Actuarial to take your career to the next level with an international market leader.

 

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

As an Actuarial Analyst in Global Pricing, you have the opportunity to work across a wide range of product lines and delivery areas. This includes working in rater delivery, modelling & advanced analytics, data & reporting, and pricing effectiveness.


You will work with senior stakeholders across the business, including our Chief Actuaries, and gain excellent experience as part of a global team.


Some of the key responsibilities include:

  • Work directly with broader Global Pricing team to implement strategic initiatives, such as reporting, based on defined requirements and standardised definitions.

  • Help establish Global Pricing as a central hub, supporting key business areas.

  • Support with prioritised strategic initiatives including the wider roll out of MI for Actuarial Pricing, standardisation of modelling processes and rater delivery onto strategic platforms.

  • Prepare materials to communicate key messages to senior committees.

  • Work with product actuaries to sunset existing local reports with strategic solutions.

  • Support Global pricing strategic leads with ad-hoc initiatives.

  • Liaise with Actuarial champions to help design and enhance reporting, modelling, and raters.

  • Work effectively as part of a team to achieve financial, strategic, and operational objectives.

  • Assist in the development and review of new and updated raters.

  • Support Actuaries in the development of technical pricing models used to parameterise raters, using strategic tools and processes.

  • Support and liaise with the data team to increase data coverage and accuracy.

  • Perform data manipulations and work with the data team to drive process improvements.

  • Support development of portfolio-level reporting and ensuring adoption of pricing standards.

  • Assist in BAU activities including QA and production environments.

 

What we’re looking for

  • BSc in Actuarial Science, Mathematics, Statistics, or related area.

  • 2+ years of actuarial or data science experience within General Insurance

  • Strong analytical and problem solving skills

  • Strong work ethic with a willingness to learn

  • Strong MS Excel skills

  • Coding experience in Python, R, VBA or other programming languages

  • Good understanding of visual data / dashboards

  • Excellent communication and interpersonal skills

#LI-AIG

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].  

Functional Area:

AC - Actuarial

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

Top Skills

Excel
Python
R
VBA
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The Company
HQ: New York, NY
49,681 Employees
Year Founded: 1919

What We Do

We're a leading global insurance organization with operations in more than 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 us as we share our stories from around the organization. #LifeatAIG

AIG Social Media Community Guidelines: https://www.aig.com/communityguidelines

Facebook: http://www.facebook.com/AIGInsurance
Twitter: http://twitter.com/AIGinsurance
YouTube: http://www.youtube.com/aig

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