Head of Pricing - North America Accident & Health

Join us as a Head of Pricing - North America Accident & Health to take on key responsibilities within a world-class actuarial function.

• Partner with the business and support teams on strategy, risk selection, pricing, portfolio management and deliver a wide range of actuarial activities to support the businesses’ new and existing insurance products.
• Responsible for the success of the A&H pricing team in meeting their goals and objectives, including staff development and project prioritization.
• Be accountable for the A&H 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.
• Support new product development and strategic innovation initiatives through actuarial support, rate development, regulatory filings, and evaluation of deal structures.
• Develop actuarial memorandums, rating manuals and all actuarial requirements to support form filings and respond to regulatory objections, requests, and inquiries.
• Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of opportunity for profitable growth as well as profitability-challenged areas.
• Analyze and Monitor experience, trends, and profitability of key accounts, portfolios, blocks of business and segments.
• Communicate findings and provide technical pricing indications and recommendations to achieve financial targets and regulatory compliance.
• 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.
• Develop, enhance and maintain tools to help underwriters assess and price risks.
• Design and produce qualitative and quantitative business reports for effective KPI measurement and to identify business drivers and trends.
• Work closely with reserving actuaries to understand booked loss ratios, sources of reserve development and ensure appropriate recognition of pricing and underwriting actions impacting those estimates.
• Provide financial and actuarial inputs for annual budget planning process, captive management, reinsurance placement, statutory reporting and other internal and external reporting requests.
• 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.

• Fellow of the Casualty Actuarial Society or Society of Actuaries with at least 10 years of actuarial experience, preferably with A&H 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 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.

• 401k matching
• Health insurance
• Flight privileges
• Total Rewards Program
• Volunteer Time Off and Matching Grants Programs

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.