Actuary, Pricing
HumanaSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- BS in Actuarial Science, Mathematics, Statistics, or related area
- 7 or more years of actuarial experience in property casualty insurance. Pricing experience preferred
- Fellow of Casualty Actuarial Society (CAS) is preferred
- Strong analytical, technical, time management, and problem-solving skills
- Proficiency in Excel, Access, VBA, or related skills
- Strong business and collaboration skills
- Effective time management and the ability to balance multiple projects with competing deadlines
Responsibilities
- Monitor profitability for Canadian profit centers and work with management to set rate targets each year
- Provide strategic actuarial advice to senior management regarding issues such as rate indications and pricing
- Develop structure for regular review of rate adequacy and profitability transactional pricing
- Put action plan in place to ensure seamless monitoring of rate levels, rate changes, and rate adequacy
- Identify current capabilities and gaps in data capture
- Coordinate and ensure consistency in approach and execution of pricing assessments, rate development, and rating models
- Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations
- Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price)
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What education and experience are required for this Actuary role?
A BS in Actuarial Science, Mathematics, Statistics, or related area is required, along with 7 or more years of actuarial experience in property casualty insurance. Pricing experience is preferred, and Fellow of Casualty Actuarial Society (CAS) certification is also preferred.
What key skills are needed for the Canada Casualty Pricing Actuary position?
Candidates need strong analytical, technical, time management, and problem-solving skills, proficiency in Excel, Access, VBA or related tools, strong business and collaboration skills, and the ability to balance multiple projects with competing deadlines.
What is the location or work arrangement for this role?
This information is not specified in the job description.
What is the salary or compensation for this Actuary position?
This information is not specified in the job description.
What does AIG's company culture emphasize?
AIG is a global leader in insurance focused on innovation, reimagining insurance to make a bigger difference, and delivering ever-better solutions to customers.
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
