Actuary
Steadily$120,000 - $160,000/year
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
$84,000 – $108,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- BS in Actuarial Science, Mathematics, Statistics, or related area
- 4 or more actuarial exams preferred
- 2 or more years of experience in Commercial Casualty lines preferred
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- Proficiency in Excel, SQL, Python, R, or other programming languages preferred
- Effective time management skills
- Excellent communication, presentation, and interpersonal skills
- Strong work ethic
- Customer focus
Responsibilities
- Assist on the coding of Excess Casualty pricing tools in HyperExponential
- Assist on the development/update/maintenance of pricing tools and parameters
- Assist in analyzing the profitability of business segments within Excess Casualty and identify pockets of profitable growth opportunities
- Assist development and design of analytical tools and techniques to help business effectively manage existing portfolios
- Update existing KPI management reports
- Assist in ad-hoc data requests
- Assist on monitoring loss trends and relevant industry/regulatory changes and effectively communicate these to management
- Assist on monitoring rate, exposure, retention, new, lost business changes
Skills
Excel
SQL
Python
R
HyperExponential
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
Benefits
Health, dental, & vision coverage
Flexible Spending Accounts (FSA)
401(k)
PTO
Commuter Expense Reimbursement Account
Risks
Sale of personal travel business may reduce AIG's market presence in travel insurance.
Expansion in Atlanta could pose financial risks if expected growth does not materialize.
Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.
Differentiation
AIG offers a wide range of insurance products globally, serving diverse client needs.
Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.
AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.
Upsides
AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.
InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.
Telematics and usage-based insurance allow AIG to offer personalized and flexible products.
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