Actuarial Analyst

Posted Yesterday
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Jersey City, NJ, USA
In-Office
133K-133K Annually
Junior
Insurance
The Role
Develop and monitor insurance pricing and underwriting strategies for personal lines. Conduct profitability studies, support product and rate development, manage state rate filings, produce recurring reports, monitor KPIs, and maintain pricing models and analytical tools. Collaborate with underwriters, actuaries, MGAs, and business partners while using SQL, Python, VBA, R, Tableau, and Power BI.
Summary Generated by Built In

Actuarial Analyst

Work closely with underwriting to develop pricing and underwriting strategies and assist in the execution and monitoring of said strategies. Complete profitability studies on assigned programs and present analysis in front of business partners at varying levels of the organization. Engage with MGA underwriters and actuaries. Perform various ad hoc pricing tasks including profitability studies, development of new products, rates and other KPI monitoring, and filing support. Work with underwriters and the rate filings unit to manage program specific and state rate filings. Produce and distribute relevant recurring reports as required. Apply working knowledge of programming skills in SQL, Python, VBA and R. Utilize data visualization tools including Tableau or PowerBI. Support the development and maintenance of pricing tools such as pricing models, raters, and other analytical tools. Work with personal lines of insurance.

 

Requirements: Bachelor’s degree in Mathematics, Actuarial Science, Computational Finance, or a related field of study, plus two (2) years of experience with personal lines of insurance. Passage of at least two (2) Casualty Actuarial Society (CAS) exams is required.


Salary Range: $133,474.00 - $133,474.00 per year

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

National Union Fire Insurance Company of Pittsburgh, Pa.

Skills Required

  • Bachelor's degree in Mathematics, Actuarial Science, Computational Finance, or a related field
  • Two years of experience with personal lines of insurance
  • Passage of at least two Casualty Actuarial Society exams

AIG Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about AIG and has not been reviewed or approved by AIG.

  • Retirement Support — Retirement offerings are positioned as a standout, with 401(k) company contributions and matching described as substantial. Financial-security features like life and disability coverage and related assistance programs reinforce the retirement value of the package.
  • Healthcare Strength — Health benefits are framed as comprehensive, spanning physical and mental health support alongside common medical, dental, and vision coverage. Wellness programming and EAP-style resources are presented as part of a broad health and wellbeing approach.
  • Leave & Time Off Breadth — Time-off provisions are described as extensive, including paid time off, paid sick days, and additional leave options. Volunteer time off and sabbaticals further expand the overall time-away offering.

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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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