1 day old

Senior Actuary- ALM

Woodland Hills, CA
  • Job Code
Senior Actuary- ALM - Woodland Hills CA 91367 Skip Navigation

Job Details

Senior Actuary- ALM
  • Job ID #: 149636
  • Functional Area: Actuarial
  • Estimated Travel Percentage (%): 0
  • Location(s): CA-Woodland Hills
  • TX-Houston
  • NY-New York
  • *Nationwide - USA
  • TN-Nashville
  • Employment Type: Full Time - Permanent
  • Education Preferred: Bachelors Degree (or equivalent)
  • Relocation Provided: No

Position Description:

Woodland Hills, CA, NY,NY, Houston,TX, Nashville,TN or Remote
We currently have an exciting role for a senior actuary, ALM Production.
AIG L&R’s modeling team focuses on implementing best practices from across the actuarial profession, insurance industry, and software development practice to build actuarial models, data feeds and develop test cases and testing tools to validate and document all aspects of these models. This senior actuary role will focus on building the L&R ALM production environment based on AXIS.

Responsibilities include:

  • Automate batches and reports for production, with a focus ALM (and other related) valuations and risk sensitivity measures for various insurance contracts, including variable annuity, fix annuity, fixed index annuity, universal life, etc.

  • Set-up the ALM (and other related) valuation methodology in AXIS in partnership with the model development teams and the asset modeling team

  • Generate and explain market consistent run attribution reports with various stakeholders

  • Developing detailed documentation of model design, processes, and deficiencies in accordance with corporate and regulatory standards

  • Ensure that actuarial assumptions, etc., are updated as per stakeholder specifications working with the appropriate model development teams

  • Work on ad hoc analysis projects mainly driven from an ALM perspective

  • Participate in other production tasks, as required

Position Requirements:

  • Bachelor’s degree in Mathematics, Actuarial Science or Related Field

  • Bachelor degree with 5 years of relevant experience or master degree with 3 years of relevant experience in actuarial modeling, capital markets and asset-liability management

  • ASA designation required. FSA preferred.

  • Strong knowledge of derivative markets and risk neutral valuation.

  • Strong working knowledge of US life insurance and annuity product features, regulatory environment and risks

  • Strong programming skills with VB and SQL. Understand best practice in software development.

  • Prior experience with actuarial modeling software is required (AXIS preferred).

  • Strong written and oral communication skills

  • Comfortable working in a structured environment with multidisciplinary teams to build complex systems and emphasizes operational controls.

  • Ability to work on multiple projects, often with tight deadlines.

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

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Senior Actuary- ALM

Woodland Hills, CA

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Woodland Hills, CA

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