Associate Actuary

Join us as an Associate Actuary to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

• Support the delivery of underwriting performance, actuarial and risk management elements of Commercial lines to meet the Profit Centre strategic objectives.
• Ensure seamless monthly monitoring of rates levels, rate changes and rate adequacy and articulate key trends effectively to senior management and business stakeholders.
• Carry out pricing model calibration reviews for Commercial portfolios.
• Perform annual profitability studies for APAC profit centres and communicate results and findings optimally to senior management, business managers, and underwriting managers to effectively steer portfolio management activities.
• Participate in annual planning exercise and provide actuarial inputs for the portfolio.
• Provide actuarial guidance and business insight on portfolio management utilizing internal and external data where applicable; leverage efficient group capital management and reinsurance strategies.
• Collaborate closely with underwriting, reserving actuaries, claims department, and cat modelling/risk aggregation to identify insights that will be used to improve risk classification and enhance risk aggregation.
• Manage data support where not maintained centrally and reinforce the importance of high-quality data.
• Review the appropriateness of the reinsurance programme and reinsurance cost allocations to meet the ongoing needs of the business, as well as providing experience, expertise and insight into complex projects.

• Candidate who are newly or nearly qualified actuary with good progress towards pursuing a professional actuarial qualification.
• Extensive pricing experience in the General insurance industry.
• Familiarity with traditional actuarial techniques and models.
• Effective time management skill, ability to manage multiple tasks simultaneously and prioritize according to business needs and impacts.
• Ability to work as part of a team as well as take responsibility for his/her individual contribution.
• Strong verbal and written communication skills, ability to work with cross-functional teams and forge good work relationships with other areas of the business.
• Possess working knowledge of SQL, Python, R or similar software tools. Prior experience working with modelling software such as Emblem/Radar Enhanced Analytics is highly preferred.

• 401k matching
• Health insurance
• Flight privileges

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.