Actuarial Pricing Analyst – Global Specialty
AIG
About the role
Join us as an Actuarial Pricing Analyst to take your career to the next level with an international market leader. Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.
Responsibilities
- Providing the Global Aerospace businesses with the actuarial support they require to profitably grow their business and take remedial action where needed.
- Support the development, alignment, and execution of portfolio strategies.
- Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.
- In co-ordination with the actuarial pricing team, monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.
- Produce pricing analysis for large accounts and schemes within agreed timescales, working closely with underwriters.
- Report performance at granular level (account and rating factor) so that underwriters can optimize performance.
- Work closely with underwriting management to identify profitable new business and growth opportunities.
Requirements
- Degree in Mathematics or related discipline
- 2+ years of actuarial or data science experience within General Insurance
- Strong analytical and problem solving skills
- Strong work ethic with a willingness to learn
- Strong MS Excel skills
- Coding experience in Python, R, VBA or other programming languages
- Excellent communication and interpersonal skills
Benefits
- 401k matching
- Health insurance
- Flight privileges
About the Company
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.
Job Details
Salary Range
$122,200 - $135,800/yearly
Location
London, United Kingdom
Employment Type
Full-time
Original Posting
View on company website