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Job Location drjobs

Jefferson County, NY - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Associate Actuary PCS

At AIG we are reimagining the way we help customers to manage risk. Join us as the Associate Actuary PCG to take on key responsibilities within a worldclass actuarial function.

Make your mark in Actuarial

Our Actuaries are on the front lines quantifying risk pricing insurance and reserving losses for AIGs 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.

How you will create an impact

We are seeking a reserving actuary to support our US Personal Lines Programs business. This role is critical to business profit evaluation and optimal reserving. The Associate Actuary will also support price monitoring trend analyses and building out portfolio management & steering and insight tools. The individual will be a trusted business partner working with groups like Claims Underwriting and Finance to support Personal Lines Programs in ensuring profitable growth. Our actuaries work closely with our MGA partners as well providing insight and tool assistance as a value add for our business.

  • Assist with analysis of the reserving segments
  • Analyze data and other information to determine of loss and expense reserve adequacy using actuarial techniques
  • Prepare reserve study documentation; prepare information for financial statements
  • Evaluate the appropriate IBNR to be booked each quarter and prepare Sarbanes Oxley documentation
  • Estimate review and evaluate actual monthly claim emergence against expectations
  • Assist MGA partners in better understanding their own data capabilities. Build data bridges performance monitoring and rate tool support
  • Monitor loss trends and relevant industry/regulatory changes and effectively communicate to management
  • Support the annual planning process
  • Ensure model validation SOX compliance and documentation standards are met

What youll need to succeed

  • BS in Actuarial Science Mathematics Statistics or related area preferred
  • ACAS or nearing ACAS
  • 5 years experience personal lines required with history of Programs or delegated underwriting preferred
  • Proficiency in Microsoft Office required
  • Experience in SQL and/or R highly preferred Power BI or Tableau preferred
  • Strong relationship building skills with the ability to influence others and drive a process to a conclusion while meeting critical deadlines are critical to success
  • Ability to dive into technical and level details do handson work connect the dots while thinking strategically
  • Work well both independently and as part of a team
  • Flexibility and effective time management skills
  • Excellent communication presentation and interpersonal skills

Ready to set new industry standards We would love to hear from you.

#LICM1 #Actuary #Actuarial #Reserving

Enjoy benefits that take care of what matters

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most farreaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver everbetter solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements diversity and inclusion learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race color religion age gender gender expression national origin veteran status disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

AIG reserves the right to conduct a criminal background check tailored to the requirements of a job after a conditional employment offer is made. Unless otherwise required by law AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically copy and paste the following link within your browser: Area:

AC Actuarial

National Union Fire Insurance Company of Pittsburgh Pa.


Required Experience:

IC

Employment Type

Full-Time

Company Industry

Key Skills

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