Senior Actuarial Analyst - Specialty Lines

Reposted 7 Days Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
Insurance
The Role
The Senior Actuarial Analyst will analyze reserving estimates, support financial reporting processes, and collaborate globally on insurance specialty lines.
Summary Generated by Built In

Senior Actuarial Analyst, Specialty

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Analyst, Specialty to take on key responsibilities within a world-class actuarial function.

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

We are seeking an actuarial professional with industry expertise to provide reserving support for AIG’s Specialty lines of business.  Lines of business include Aerospace, Marine, Energy, Construction, and Credit Lines. This key role will be highly visible, as you will have the opportunity to interact with the various profit centers, claims departments, and underwriting departments within Specialty.  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.

Key Responsibilities:

  • Assist in the analysis of US STAT and GAAP reserve estimates, both gross and net of reinsurance.
  • Analyze information to assist in determination of the adequacy of loss and LAE reserves.
  • Support monthly, quarterly, and annual internal and external reporting processes and documentation.
  • Assist in the production of key reserving results and analytics to best convey financial results to stakeholders.
  • Collaborate with colleagues globally to perform product deep dives on our specialty lines of business.
  • Be technically proficient using actuarial techniques/concepts/methodologies to both implement and execute actuarial best practices.
  • Support the global actuarial function by building relationships and sharing information in a clear, focused manner while maintaining a positive attitude towards change.

Qualifications:

  • BA or BS in Actuarial Science, Mathematics, Statistics, Finance or related area
  • Proficiency in Excel, Snowflake, Power BI, R required
  • Proficiency in SQL, SAS, Python, or other programming languages preferred
  • 2+ years of actuarial experience in property casualty insurance. Reserving experience preferred.
  • 3 or more actuarial exams required
  • Strong analytical and problem-solving skills
  • Work well both independently and as part of a team
  • Effective time management, planning skills, and business acumen
  • Excellent communication, presentation, and interpersonal skills
  • Strong work ethic and attention to detail

#LI-CM1

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].  

AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf

Functional Area:

AC - Actuarial

AIG PC Global Services, Inc.

Top Skills

Excel
Power BI
Python
R
SAS
Snowflake
SQL
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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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