Actuarial Analyst
Interwell HealthSalary not specified
- Full Time
- Junior (1 to 2 years), Mid-level (3 to 4 years)
$90,000 – $130,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, ActuarialIndustries
Requirements
Candidates must possess a Bachelor’s degree in Mathematics or Actuarial Science, along with a good record of progress through their actuarial exams. Proven insurance industry experience and a solid understanding of general insurance principles, including underwriting policies, claims handling policies, and local legislation are required. Proficiency in actuarial concepts/methodologies, knowledge of PC and mainframe environments, SAS, VBA, and R are also necessary.
Responsibilities
As a Senior Actuarial Analyst, the individual will provide high-quality actuarial support to assigned Product Towers, contributing to business profitability through analysis, renewal rate analysis, and granular performance monitoring. They will liaise with underwriters to produce robust transactional analysis within tight deadlines, co-ordinate with actuarial teams to monitor rates at renewal and new business, ensuring technical models are in place and reviewed regularly. The role involves ensuring relevant data is complete, accurate, adequate, and timely, while also contributing to innovation by supporting technical pricing tool development and enhancements, and communicating actuarial concepts to non-specialists.
Skills
Actuarial Science
Mathematics
Insurance Industry
Underwriting Policies
Claims Handling Policies
SAS
VBA
R
Actuarial Concepts
Methodologies
Renewal Rate Analysis
Pricing
Data Analysis
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.
Key Metrics
New York City, New YorkHeadquarters
1919Year Founded
IPOCompany Stage
Cybersecurity, Financial ServicesIndustries
10,001+Employees