Supervising Actuary - Corporate Specialty Market
Supervising Actuary - Corporate Specialty Market
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$ 138000 - 178000
1 Vacancy
Job Description
At AIG we are reimagining the way we help customers to manage risk. Join us as a Supervising Actuary- Corporate Specialty Market to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.
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 an actuary with industry expertise to assist with our Corporate Specialty Market. The Actuary will be responsible for pricing and supporting the Environmental Trucking and US L&H Portfolio. The position involves profitability analysis/ deep dive rater development and maintenance large accounts pricing review monthly business KPI reporting assisting with annual budget and setting portfolio strategy. Additional duties include quarterly earnings-related reporting business AvE diagnostics and large loss reporting. They will partner with other actuaries in implementing best practices analytical techniques and assessing the impact of loss trends and claims emergence. Also they will be responsible for one direct report.
- Work closely with underwriting to develop pricing underwriting strategies identify pockets of profitable growth opportunities and future underwriting actions.
- Support the business review process and portfolio deep dives which include reviewing underwriting actions impacting loss ratios to access impact on current and future performance.
- Ensure accuracy of quoting and rating systems by working with Underwriters.
- Ensure execution of rate level indications portfolio profitability exercise and rate reviews within planned time frame
- Collaborate with data team to drive process improvement and achieve actuarial transformation goals
- Development and production of premium adequacy reports and budget loss ratio estimates for various segments.
- Perform peer review for actuarial work products.
- Communicate with and advise senior management underwriters comptrollers claims department.
- Work effectively as part of a team and train junior staff to achieve AIGs financial strategic and operational objectives
What youll need to succeed
- BS in Actuarial Science Mathematics Statistics or related area
- Requires ACAS or FCAS
- Preferred 7 years or more experience in commercial casualty pricing
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- Proficiency in Excel SQL SAS Python 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
For positions based in New York the base salary range is $138000-$178000. In addition the position is eligible for a bonus in accordance with the terms of the applicable incentive addition were proud to offer a range of competitive benefits a summary of which can be viewed here: 2025 Benefits Summary
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At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.
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 far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better 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 inclusion
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 learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent 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 .
Functional Area:
Employment Type
Full-Time
