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Actuary & Director - Casualty Specialty Markets Pricing

AIG

Parsippany, NJ, U.S.
Full-time
Posted Feb 26, 2026
Onsite

Compensation

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About the role

Join us as a Actuary & Director - Casualty Specialty Markets Pricing to take on key responsibilities within a world-class actuarial function.

Responsibilities

  • Responsible for the success of the Casualty Specialty Markets pricing team in meeting their goals and objectives, including staff development and project prioritization.
  • Be accountable for the Casualty Specialty Markets results and in partnership with the business develop and execute on strategic actions based on actuarial analysis focusing on profitability and organizational goals while anticipating business implications.
  • Supervise the review of the parameters in the pricing systems, manage projects to improve the pricing systems, and monitor underwriter adherence to pricing procedures and methodologies
  • Coordinate pricing and planning to ensure adequate risk-adjusted returns contemplating expected loss, reinsurance costs, etc.
  • Work closely with reserving actuaries to understand sources of reserve development and ensure appropriate recognition of pricing and underwriting actions impacting those estimates.
  • Provide recommendations on rating methodologies, parameters and tools to improve accuracy of technical pricing reflecting latest market and economic conditions and product offerings.
  • Take part in and lead components of efforts to transform the actuarial data, tools, and broader capabilities as a part of a department-wide initiative focused on improved analytics and increased efficiencies in a cloud-based environment.
  • Organize proper training and support for pricing tools and strategies for underwriters.
  • Monitor trends and relevant industry dynamics; effectively communicate impact to underwriters and actuarial management.
  • Ensure that all pricing and other actuarial requests are managed and completed in a timely and professional manner, monitoring adherence to appropriate procedures and methodologies.

Requirements

  • Fellow or Associate of the Casualty Actuarial Society with at least 10 years of commercial lines actuarial experience, preferably with significant casualty pricing experience.
  • Experience leading a team, with the capacity to enforce accountability and learn the strengths and development opportunities of the team to put people in a position to succeed while fostering a culture that promotes collaboration, diversity and inclusion
  • 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 and serve as a strong thought partner of cross functional leaders.
  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment.
  • 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

About the Company

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary & Director - Casualty Specialty Markets Pricing to take on key responsibilities within a world-class actuarial function.

Job Details

Salary Range

$156,000 - $195,000/yearly

Location

Parsippany, NJ, U.S.

Employment Type

Full-time

Original Posting

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