1 day old

Director - ERM Actuarial Challenge

New York, NY
  • Job Code
Director - ERM Actuarial Challenge - New York NY 10038 Skip Navigation

Job Details

Director - ERM Actuarial Challenge
  • Job ID #: 149882
  • Functional Area: Risk Mgmt
  • 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:
Position Summary

In this position, you will manage the ERM independent actuarial challenge function. The scope of the function is review and challenge of actuarial work products produced by AIG’s Portfolio Actuarial and Finance Actuarial departments. Portfolio Actuarial work products including pricing models and profitability studies, while Finance Actuarial work products include AIG's vast reserves. AIG’s pricing and reserving involve a large array of insurance products in many lines of business in many countries around the world.

  • Manage staff in preparing reviews of pricing models and reserve studies for selected business segments, with a with the goal of recommending methodology improvements -- both conventional and cutting-edge methodologies will be examined and tested. 
  • Responsible for preparing written reports. 
  • Conduct model/methodology development projects to improve AIG’s actuarial practice.
  • Participate in important meetings with members of management.

Position Requirements:

  • FCAS. Advanced degree (PhD) with appropriate experience may be considered.
  • 15+ years experience including significant pricing experience - excess pricing and/or predictive modeling. Reserving experience is a plus. Individual must possess deep actuarial insight, especially in difficult long tail and/or excess business.
  • Excellent verbal and written communication skills - position will require the individual to exhibit poise, tact and judgment in challenging circumstances.
  • Excellent technical and subject matter expertise. 
  • Strong Excel is essential; other programming and statistical modeling is a plus.
  • Ability to work independently with little direction, find solutions to difficult problems.

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.

Notice Text:


  • Financial Services

Share this job:

Director - ERM Actuarial Challenge

New York, NY

Share this job

Director - ERM Actuarial Challenge

New York, NY

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast