Actuary, Reserving North America Specialty
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Job Location:
Boston, NH - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Actuary Reserving - North America Specialty
At AIG we are reimagining the way we help customers to manage risk. Join us as a Actuary Reserving - North America Specialty North America to take on key responsibilities within a world-class actuarial function.
Make your mark in the AH Actuarial Team
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 North America Specialty Reserving Lead will be responsible for managing the day-to-day workflow of up to 4 analysts with the responsibility of coordinating and reviewing the reserving process and results for North America Specialty. This key role will be highly visible as you will have the opportunity to interact with and advise senior management. We are looking for an individual who has the ability to work independently is pragmatic in their approach can manage multiple projects to strict deadlines and is driven to enhance existing processes.
Lead the day-to-day work of the team and work together to ensure timely and accurate delivery of the North America Specialty reserve results and local reporting requirements.
Ensure consistency in reserving approach across products within North America Specialty and with global standards.
Collaborate with North America and International reserving management to develop consistent and efficient processes globally.
Review and report upon reserves across North Specialty to Head of Global Specialty North America Management and wider business.
Consolidate North America Specialty reserving results into key MI and present to senior business leaders.
Support the Global Specialty Reserving lead in managing the schedule of reserve reviews for all North America Specialty products.
Ensure appropriate controls are in place for the reserving process support and be the point person for Actuarial for the annual audit reviews independent reserve reviews internal audit and SOX reviews for North America Specialty products.
Develop efficient or improve existing processes for the management and presentation of reserving information across Global Specialty.
Reports jointly to Head of North America Actuarial and Global Specialty Reserving Lead.
Act as an independent lead within the GS team ensuring best practice across reserving and longer term other actuarial functions.
Technical Skills and Expertise
BS in Actuarial Science Mathematics Statistics or related field
FIA or FCAS preferred
6 years experience in commercial lines
Experience of reviewing and managing reserving processes.
Experience of setting reserves.
Demonstrated ability to improve processes
Ability to work collaboratively across disparate stakeholders respond and prioritise work effectively.
Excellent analytical and problem-solving skills.
Excellent project management skills.
Effective time management and organizational skills
Excellent communication presentation and interpersonal skills
Customer focus
#LI-CM1
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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Key Skills
- Business Development
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- Financial Performance
- Revenue Growth
- Oversight
- Regional Sales
- Account Management
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- Product Line
- Ensure Compliance
- Human Resources
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