4 hours

Actuarial Analyst

AIG
New York, NY
  • Job Code
    151026
Actuarial Analyst - New York NY 10038 Skip Navigation

Job Details

Actuarial Analyst
  • Job ID #: 151026
  • Functional Area: Actuarial
  • Estimated Travel Percentage (%): 0
  • Location(s): NY-New York
  • Employment Type: Full Time - Permanent
  • Education Preferred: Bachelors Degree (or equivalent)
  • Relocation Provided: No


Position Description:
Analyze the profitability of the Casualty lines such as Auto, GL, Med Mal, Environmental and Umbrella.
Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities.
Monitor rate, exposure, retention, new, lost business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to the management
Provide business solutions to maximize risk adjusted profit.
Develop actuarial reports to help business effectively manage existing portfolios.
Work closely with reserving actuaries to understand reserve development and inform them of pricing and underwriting actions that will impact reserve estimates.
Research and develop advanced pricing techniques
Monitor and examine profitability of the commercial casualty lines by industry segment and country/region.
Develop best practices of pricing techniques to be implemented around the world.
Train junior staff


Position Requirements:
BS in Actuarial Science,  Mathematics, Statistics, or related area.
5 or more exams
5 years or more experience in commercial casualty lines (e.g. GL, Excess, and Auto) pricing preferred
Strong analytical and problem solving skills
Work well both independently and as part of a team
Proficiency in Excel, Access, VBA, SAS, ,R or other programming languages preferred.
Strong business and collaboration skills, and responsive to service needs and operational demands
Effective time management skill
Excellent communication, presentation, and interpersonal skills.
Customer focus


About Us:

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Join our Talent Network at www.aig.com/talentnetwork.  Additional information about AIG can be found at www.aig.com and www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.


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Categories

  • Financial Services

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Actuarial Analyst

AIG
New York, NY

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Actuarial Analyst

AIG
New York, NY

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