6 hours

Senior Actuarial Assistant

AIG
New York, NY
  • Job Code
    145439
Senior Actuarial Assistant - New York NY 10038 Skip Navigation

Job Details

Senior Actuarial Assistant
  • Job ID #: 145439
  • 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 with a focus on Medical Malpractice
- Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities.
- Monitor loss trends and relevant industry/regulatory changes and effectively communicate these to management. Monitor rate, exposure, retention, new, lost business changes.
- Assist in providing business solutions to maximize risk adjusted profit. Develop actuarial reports to help the 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, develops and review advanced pricing techniques including generalized linear models.
- Develop granular profitability improvement strategies.
- Work closely with the modeling team to develop tools which optimize price and risk selection.


Position Requirements:
- BS in Actuarial Science, Mathematics, Statistics, or related area.
- 2 or more exams
- 2 years or more years of experience in P&C insurance required with some experience in pricing preferred
- Strong analytical and problem solving skills
- Excellent communication, presentation, and interpersonal skills.
- Work well both independently and as part of a team
- Proficiency in Excel, Access, VBA, SAS, or other programming languages preferred.
- Experience with advanced pricing techniques such as GLMs would be an advantage
- Strong business acumen and collaboration skills. Responsive to service needs and operational demands
- Effective time management skill


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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Senior Actuarial Assistant

AIG
New York, NY

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Senior Actuarial Assistant

AIG
New York, NY

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