Regional Personal Lines Actuary (APAC)

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

Make your mark in Actuarial

Our Actuaries are on the front lines, quantifying risk, pricing insurance, and reserving losses for AIG’s major insurance operating companies globally. We collaborate with Finance, Claims, Operations, Marketing, and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage, and mitigate risk.

How you will create an impact

• Support and oversee the delivery of underwriting performance, actuarial and risk management elements of the APAC Auto and Personal Property lines to meet the profit centre strategic objectives.
• Engage with the wider Actuarial function and business P&L Heads.
• Coordinate and support the pricing activity in the region, working together with the other pricing actuaries.
• Monitor profitability for APAC profit centres and work with management to set rate targets each year.
• Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing.
• Develop structure for regular review of rate adequacy and profitability.
• Carry out price adequacy reviews and review the appropriateness of the reinsurance programme to meet the ongoing needs of the business.
• Put action plan in place to ensure seamless monitoring of rate levels, rate changes, and rate adequacy.
• Coordinate and ensure consistency in approach and execution of pricing assessments, rate development, and rating models.
• Provide actuarial guidance and business insight on portfolio management; leverage efficient group capital management and reinsurance strategies.
• Manage data support where not maintained centrally and reinforce the importance of high-quality data.
• Work closely with the technical pricing function to enhance pricing and modelling capabilities.
• Work 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.
• Engage with finance on execution of planning exercise and forward-looking scenarios.
• Keep aware of emerging issues affecting product lines in the region and adjust analysis as appropriate.
• Collaborate with regional actuarial functions supporting a one-team ethos.
• Drive a culture that promotes collaboration, diversity, and inclusion.

What you’ll need to succeed

• FIA or FCAS (or equivalent) with strong actuarial experience, preferably in auto and with exposure to multiple functions (e.g., technical pricing, aggregate pricing, reserving, data, analytics).
• Advanced knowledge of actuarial pricing and reserving methodologies and techniques.
• Proven proficiency in actuarial concepts/methodologies and ability to coach non-technical managers on technical areas that enhance their decision-making ability.
• Strong business and collaboration skills, and responsive to service needs and operational demands.
• Work well both independently and as part of a team.
• Excellent management and leadership skills.
• Proven ability to dissect complex business issues, perform research and analysis, and synthesize conclusions into a digestible, value-maximizing strategy.
• 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.
• Strong organizational and communication skills, with the ability to confidently present internally and externally and influence outcomes.
• Ability to maintain strong professional relationships across the underwriting community.
• Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology, and legislative trends.
• Highest level of personal and professional integrity.

Ready to take your career to the next level? We would love to hear from you.

At AIG, we value in-person collaboration as a vital part of our culture. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing, and financial security—as well as your professional development.

Reimagining insurance to make a bigger difference to the world

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. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty, and discover new potential.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through inclusion learning, cultural awareness activities, and Employee Resource Groups (ERGs). The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.

Functional Area:

AC - Actuarial

AIG APAC Holdings Pte Ltd