Actuary

Reposted 2 Days Ago
Be an Early Applicant
São Paulo, BRA
In-Office
Mid level
Insurance
The Role
As an Actuary at AIG, you will quantify risk, price insurance, monitor technical provisions, manage databases, and support actuarial studies for insurance companies.
Summary Generated by Built In

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary (Analista Pleno) to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

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

Main Responsibilities

  • Perform  Local Gaap Technical Provisions (UPR, LTP-UPR (RVNE), IBNYR, IBNER, ALAE, ULAE, RVR) for Insurance and Reinsurance Companies    

  • Perform Consistency Tests and monitor Local Gaap, Technical Provisions Adequacy for Insurance and Reinsurance Companies

  • Perform Local Gaap Liability Test Adequacy (TAP) required by Local Regulator for Insurance and Reinsurance Companies

  • Perform Minimum Capital Requirement (CMR) required by Local Regulator for Insurance and Reinsurance Companies

  • Perform Reserves and Products Technical Notes according to requirements by Local Regulator

  • Perform Monthly Closing of Books and Statistical Data Deliveries required by Local Regulator during team vacation leave

  • Perform Actuarial Studies required by Local Regulator

  • Perform ALM Report to the Investment team.

  • Perform Coverage of Commitment Report to the Investment team.

  • Attend Local Gaap Annual External Audit Process

  • Attend Local Gaap Regulator Letters and all other Local Gaap Reports and Activities

  • Develop Reports and KPIs

  • Support actuarial team

  • Manage databases

What you’ll need to succeed

  • Previous experience with Reserving Calculation on UPR (PPNG), LTP (RVNE) and IBNR

  • Previous experience with Reserving Methods: DFM (Triang. RuOff), BF, IELR (Sinistralidade Esperada)

  • Previous experience with Reserve Consistency Tests 

  • Previous experience with local closing, FIP SUSEP and SUSEP Statistical Data

  • Programming proficiency in SAS

  • Good Analytical skills

  • Bachelor’s degree in Actuarial Science, Statistics, or Math

  • Personal Organization, good communication, take the initiative and analytical skills are valued

  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment Basic / Intermediate English skills is desired

  • Previous experience with Liability test Adequacy Calculation is desired

  • Phyton is desired and a differential

  • MIBA is desired

  • Ready to take your career to the next level? We would love to hear from you.

Ready to take your career to the next level? We would love to hear from you.

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:

FA - Finance

AIG Seguros Brasil S.A.

Skills Required

  • Previous experience with Reserving Calculation on UPR (PPNG), LTP (RVNE) and IBNR
  • Previous experience with Reserving Methods: DFM (Triang. RuOff), BF, IELR (Sinistralidade Esperada)
  • Previous experience with Reserve Consistency Tests
  • Previous experience with local closing, FIP SUSEP and SUSEP Statistical Data
  • Programming proficiency in SAS
  • Good Analytical skills
  • Bachelor's degree in Actuarial Science, Statistics, or Math
  • Personal Organization, good communication, take the initiative and analytical skills are valued
  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment
  • Basic / Intermediate English skills is desired
  • Previous experience with Liability test Adequacy Calculation is desired
  • Phyton is desired and a differential
  • MIBA is desired

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.

AIG Insights

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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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