Global Specialty Actuarial Analyst

About Aig

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

Job Summary

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.

Key Responsibilities

• Assist in the production of Legal Entity and US GAAP reserve estimates, both gross and net of Reinsurance using standard reserving techniques.
• Assist in production of reserving presentations and commentary to support the analytical work.
• Take key stakeholders (internal and external to Actuarial) through the Actuarial and Financial reserving results.
• Work with the claims team around the impact of claim initiatives, inflation and specific IBNR areas (e.g. specific individual losses or catastrophe events).
• Work with reinsurance to ensure understanding of outwards reinsurance changes impacting their lines of business.
• Collaborate closely with both APAC and Global Specialty actuarial teams, ensuring effective communication of actuarial information for Specialty lines.

Requirements

• Bachelors degree or equivalent (Mathematics/Actuarial or related).
• Student member of an Actuarial Institute with partial progression through the exams.
• Some actuarial experience in P&C industry.
• Proven proficiency in actuarial concepts/methodologies.
• Proficiency in reserving software.
• Knowledge of programming software, such as R, SQL or VBA would be advantageous.
• Ability to forge relationships with other areas of the business.
• Ability to work under own initiative, be proactive and show flexibility to meet business needs.
• Ability to meet tight deadlines and prioritise own work.
• Professional behaviour with a high level of integrity.
• Excellent analytical and problem-solving skills.
• Excellent communication, presentation and interpersonal skills.

Benefits & Perks

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.