Vice President Sales, Americas - Genomic Solutions
Danaher CorporationSalary not specified
Full Time
Expert & Leadership (9+ years)
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- Fellow of the Casualty Actuarial Society or Society of Actuaries
- At least 10 years of actuarial experience, preferably with A&H pricing experience
- Experience leading a team, with the capacity to enforce accountability, learn team strengths and development opportunities, and foster a culture of collaboration, diversity, and inclusion
- Strong technical and business expertise
- Ability to build sustainable, collaborative relationships and influence business stakeholders
- Ability to lead, motivate, and gain commitment from key constituents
- Exceptional communication skills, including ability to develop and present clear and compelling communications
Responsibilities
- Lead the North America A&H pricing team and partner with business and support teams on strategy, risk selection, pricing, and portfolio management
- Deliver a wide range of actuarial activities to support new and existing insurance products
- Ensure the success of the A&H pricing team in meeting goals and objectives, including staff development and project prioritization
- Be accountable for A&H results and, in partnership with the business, develop and execute strategic actions based on actuarial analysis, focusing on profitability and organizational goals
- Support new product development and strategic innovation initiatives through actuarial support, rate development, regulatory filings, and evaluation of deal structures
- Develop actuarial memorandums, rating manuals, and all actuarial requirements to support form filings and respond to regulatory objections, requests, and inquiries
- Work closely with underwriting to develop pricing and underwriting strategies, identify opportunities for profitable growth, and address profitability-challenged areas
- Analyze and monitor experience, trends, and profitability of key accounts, portfolios, blocks of business, and segments
- Communicate findings and provide technical pricing indications and recommendations to achieve financial targets and regulatory compliance
- Ensure all pricing and other actuarial requests are managed and completed timely, monitoring adherence to procedures and methodologies
- Develop, enhance, and maintain tools to help underwriters assess and price risks
- Design and produce qualitative and quantitative business reports for KPI measurement, identifying business drivers and trends
- Work closely with reserving actuaries to understand booked loss ratios, sources of reserve development, and ensure appropriate recognition of pricing and underwriting actions
- Provide financial and actuarial inputs for annual budget planning, captive management, reinsurance placement, statutory reporting, and other internal/external reporting requests
- Participate in and lead components of efforts to transform actuarial data, tools, and broader capabilities for improved analytics and efficiencies
Skills
Actuarial Pricing
Risk Selection
Portfolio Management
Underwriting Strategies
Regulatory Filings
Rate Development
Profitability Analysis
Staff Development
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