Actuary & AVP - Retail and Canada Property Pricing
AIG
Boston, MA, United States of America
Full-time
Posted 1 week ago
Onsite
About the role
Actuary & AVP - Retail and Canada Property Pricing
Responsibilities
- Partner with the business and support teams on strategy, risk selection, pricing, and portfolio construction
- Partner with other pricing actuaries in implementing best practices analytical techniques
- Quantify portfolio risk, and assess the impact of loss trends and claims emergence
- Supervise the review of the parameters in the pricing systems, manage projects to improve the pricing systems
- Monitor underwriter adherence to pricing procedures and methodologies
- Coordinate pricing, planning, and accumulation management efforts with cat modeling team
- Develop analytical tools to help underwriters assess the risks posed by insureds
- Provide recommendations on rating methodologies, parameters and tools to improve accuracy of technical pricing
- Ensure alignment of tools, reporting metrics and goals with other property teams organizationally
- Take part in and lead components of efforts to transform the actuarial data, tools, and broader capabilities
- Organize proper training and support for pricing tools and strategies for underwriters
- Monitor trends, relevant industry dynamics, & catastrophe model enhancements
- Ensure that all pricing and other actuarial requests are managed and completed in a timely and professional manner
Requirements
- Fellow of the Casualty Actuarial Society with at least 10 years of commercial lines actuarial experience
- Experience leading a team, with the capacity to enforce accountability and learn the strengths and development opportunities of the team
- Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management
- Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically
- Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology and legislative trends
- Not afraid to take charge of a situation and can overcome resistance to change, taking unpopular stands when necessary
- Timeliness and attention to detail
Benefits
- 401k matching
- Health insurance
- Flight privileges
- Total Rewards Program
- Volunteer Time Off and Matching Grants Programs
About the Company
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions
Job Details
Salary Range
$175,000 - $215,000/yearly
Location
Boston, MA, United States of America
Employment Type
Full-time
Original Posting
View on company website