drjobs Reserving Actuary, APAC

Reserving Actuary, APAC

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1 Vacancy
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Job Location drjobs

Melbourne - Australia

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

#LI-JC1

Join us in Regional Reserving Actuary APAC to take your actuarial career to the next level with a global market leader.

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

The successful candidate will be supporting the AIG APAC insurance business and work as a member of the APAC actuarial team to achieve goals and deliver on strategic initiatives.

The candidate is expected to work as part the regional team to provide actuarial advice to the business functions including profit centres underwriting finance and risk management and provide local regulatory support for the assigned APAC countries.

Key accountabilities will include but not limited to:

  • Coordinate US GAAP quarterly management reporting requirements with the regional tower leads
  • Assist in supporting strategic portfolio reviews and deep dive analyses of certain business segments within APAC
  • Preparation of local regulatory reporting for AIGs Australia and New Zealand offices. This includes:
    • Quarterly Board and Risk committee reporting
    • Quarterly valuation solvency calculations and IFRS 17 disclosures
    • Annual Insurance Liability Valuation Report and Financial Condition / Stress Testing Report
  • Review of capital projections and investment strategies including ALM (Asset Liability Matching)
  • Provide support to the budget loss ratio exercise and annual financial planning
  • Assist in other ad-hoc analyses as required

What youll need to succeed

  • Minimum 3 years of General Insurance experience preferably reserving in long tail lines
  • Proficiency in actuarial concepts/methodologies and ability to educate non-technical managers on technical areas that enhance their decision-making ability
  • Strong analytical and problem-solving skills
  • Effective project & time management and strong communication skills
  • Ability to manage multiple tasks simultaneously
  • Ability to work as part of a team as well as take responsibility for his individual contribution
  • Ability to meet tight deadlines and prioritise own work
  • Ability to forge relationships with other areas of the business
  • Working knowledge on typical actuarial reserving software
  • Professional behaviour with high level of integrity

Ready to make a bigger impact We look forward to reviewing your application.

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:

AC - Actuarial

AIG Australia Limited

Employment Type

Full-Time

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