Property and SME LAC pricing actuary

Property and SME LAC pricing actuary

At AIG we are reimagining the way we help customers to manage risk. Join us as a Property and SME LAC pricing actuary 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 Pricing

AIG underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Specialty Lines Cyber Multinational Clients and High Net Worth individuals. We are reimagining how we help customers to manage risk transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

1) Portfolio Analysis
Profit study/country planner/budget
Deep dives to support underwriters to investigate components of their portfolio.

2) Monitoring
Rate rate adequacy and exposure monitoring
Profiles deductibles limits line sizes etc
AvE leverage existing reserving work but build up pricing AvE (template exists in EMEA/UK)
Claims in order to spot trends etc.
Work closely with underwriting management to identify profitable new business and growth opportunities.

3) Rater/Pricing
Support Property underwriters to understand how their technical premium has been built up in GLMS Modelled Cat non-modelled Cat non-Cat
Work as part of the global team to calibrate and validate base rates and modifiers in the Property rater.
Update LAC pricing models for Package/SME.
4) Others
Support requests for data as required for different regional/international/global initiatives
Feed into risk and other discussions that assess the impacts LAC Property/Package business.
Work with regional cat teams to understand the drivers of cat pricing and how these impact technical premiums.

Technical Skills and Expertise

Ability to communicate actuarial concepts to non-specialists.
Candidates with Property/SME product experience strongly preferred
Candidates with CAT modeling understanding preferred
Proven proficiency in actuarial pricing concepts/methodologies
Actuarial degree
Strong analytical and problem solving skills.
Work well both independently and as part of a team.
Expertise in Excel VBA SAS R Python or other programming languages.
Strong business and collaboration skills and responsive to service needs and operational demands.
Excellent communication presentation and interpersonal skills.
English and Spanish speaker

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 .

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