Senior Associate, Actuarial Services
Interwell HealthSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Property CasualtyIndustries
Requirements
- BS in Actuarial Science, Mathematics, Statistics, or related area preferred
- Required 2+ actuarial exams
- 2 or more years of experience in Property & Casualty (P&C)
- Proficiency in Excel, SQL, SAS, Python, R, or other programming languages strongly preferred
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- Strong business and collaboration skills and responsive to service needs and operational demands
- Effective time management skills
- Excellent communication, presentation, and interpersonal skills
- Customer focus
Responsibilities
- Analyze data to determine loss and expense reserve adequacy using actuarial techniques
- Evaluate the appropriate IBNR to be booked each quarter, prepare Sarbanes Oxley documentation
- Conduct research, experience studies and other more complex actuarial analysis, develop, review, and analyze changes and improvements to actuarial procedures. Optimize processes to meet business needs
- Assist production of the Schedule P and other reports or exhibits for GAAP and Statutory financials
- Complete project independently with some supervision
- Assist with pricing the Commercial Property business, including profitability studies, portfolio deep dives, working with underwriters on large account pricing, and pricing model development & enhancements
- Partner with other pricing actuaries in implementing best practices analytical techniques
- Partner with reserving actuaries in assessing the impact of loss trends and claims emergence
- Partner with underwriters in assessing the impact of changes in appetite and portfolio mix
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What experience and qualifications are required for the Actuarial Analyst role?
Candidates need a BS in Actuarial Science, Mathematics, Statistics, or related area preferred, at least 2+ actuarial exams passed, and 2 or more years of experience in Property & Casualty (P&C) insurance.
What technical skills are preferred for this position?
Proficiency in Excel, SQL, SAS, Python, R, or other programming languages is strongly preferred.
What is the salary or compensation for the Actuarial Analyst position?
This information is not specified in the job description.
Is this Actuarial Analyst role remote or does it require office work?
This information is not specified in the job description.
What does AIG's culture look like for actuaries?
As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential, with every day bringing new opportunities to stretch your analytical and problem-solving skills while improving risk prediction and mitigation.
AIG
Global insurance provider for individuals and businesses
About AIG
AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.
New York City, New YorkHeadquarters
1919Year Founded
IPOCompany Stage
Cybersecurity, Financial ServicesIndustries
10,001+Employees