Technical Pricing Actuary

Join us as a Technical Pricing Actuary in our Modelling & Advanced Analytics team to take your career to the next level with an international market leader.

Make your mark in Actuarial

The Modelling & Advanced Analytics team, within Actuarial Global Pricing, support the broader Actuarial function in calibrating commercial lines rating solutions through predictive modelling and market insights. The raters are used by underwriters to guide pricing and risk selection and are critical to AIG’s long-term profitability.

This team works alongside Product Actuaries, Underwriters, and the other teams within Global Pricing (Rater Delivery, Pricing MI and Pricing Effectiveness) to deliver best-in-class statistical modelling, data science, and technological solutions whilst supporting strategic initiatives within the actuarial team.

How you will create an impact

This is a fantastic role for someone who has strong modelling skills and experience in General Insurance pricing to work in a dedicated team that is focused on delivering cutting edge technical pricing models. You will work on models across a breadth of portfolios and products, and you will have the opportunity to learn and use our modern tools used for predictive modelling (including a cloud-based machine learning platform and specialized software).

The role is suited to someone who is organized and able to manage multiple projects. They should be keen to start or continue a career in the insurance industry, are self-motivated to research, learn new techniques and has a passion for using code when approaching analytical tasks.

Some of the key responsibilities include:

• Work with Product Actuaries and Underwriting to build and maintain advanced statistical modelling pipelines that form the basis for rating tools and support business decisions.
• Support timely delivery of prioritized modelling projects on AIG’s modelling platforms – for coded models the platform of choice is AWS Sagemaker AI where our Actuaries create, train, and deploy predictive models used to calibrate raters.
• Train and support Actuaries in their use of advanced modelling and analytics approaches.
• Enhance and standardize scalable modelling processes and tools being applied across AIG’s product portfolio.
• Research and develop cutting-edge algorithmic techniques to deliver transformational improvements in modelling processes and data quality.
• Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources.

What you’ll need to succeed

• At least five years of relevant experience; particularly in Technical Pricing, Actuarial or predictive modelling.
• Degree in a mathematical or computer science related discipline.
• Experience in using Emblem/Radar to deliver modelling projects is preferable.
• Comfortable coding in a programming language popular for data science, e.g. R and Python
• Expertise in Excel, SQL or other programming languages will be useful.
• Strong analytical and problem-solving skills.
• Excellent communication, presentation, and interpersonal skills.
• Experience in working within an Agile framework is preferable.
• Part qualified Actuary from a recognized actuarial society is preferable.

#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].