Director – North America Rater Delivery at AIG

Atlanta, Georgia, United States

AIG Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • 7 years or more in commercial and/or financial lines pricing preferred
  • At least five years of relevant experience, particularly in development and maintenance of python based systems
  • Expert in coding in Python – understanding of advanced coding techniques (abstraction, design patterns, unit testing) and CI/CD tooling and processes to ensure high quality results
  • Used to working in development teams and familiar with their practices
  • Proficiency with Git and GitHub as part of a collaborative development workflow, including pull requests, conflict resolution, code review workflows and branch management
  • Experience with testing frameworks (pytest, unittest)
  • Experience in Technical Delivery using Agile methodology
  • Familiarity transforming and analyzing structured, semi-structured, and unstructured (JSON) data
  • Expertise in Excel, SQL, VBA, JavaScript or other programming languages will be useful
  • Strong analytical and problem solving skills
  • Work well both independently and as part of a team
  • Able to lead projects independently
  • Strong business and collaboration skills, and responsive to service needs and operational demands
  • Effective time management skills
  • Excellent communication, presentation, and interpersonal skills
  • Proficiency in Microsoft Office required
  • Customer focused

Responsibilities

  • Implement complicated actuarial models on the python based hyperexponential (hx) Rating Platform
  • Standardize hx architecture patterns and enhance common modules to ease the rater build process
  • Establish training and upskilling of product actuaries to scale up the rater delivery model
  • Support Product Actuaries in developing, building, and enhancing pricing tools used across the North America commercial platform
  • Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources
  • Work closely with the Product Actuaries, Modelers, Underwriters, Business Leads, and Chief Underwriting Officers to implement efficiencies to pricing tools and raters
  • Assist in developing segment specific algorithm design, actuarial code review, testing and test reporting
  • Supervise and train junior staff

Skills

Python
Actuarial Modeling
Pricing Tools
Hx Rating Platform
Software Architecture
Rating Algorithms
Underwriting Support

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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