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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

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