Actuarial Analyst

Actuarial Analyst, Foreign Casualty

Chicago, IL; Atlanta, GA

At AIG, we are reimagining the way we help customers manage risk. Join us as the Actuarial Analyst, Foreign Casualty to take on key responsibilities within a world-class actuarial function.

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

We are seeking an actuarial professional with industry expertise to assist with the Foreign Casualty business. The Actuary will be mainly responsible for pricing and supporting the Foreign Casualty Profit Centre.

The position involves profitability analysis, maintaining and improving new and existing raters, and assisting with planning for National Accounts and WorldRisk.

They will partner with other actuaries in implementing best practices, analytical techniques, and assessing the impact of loss trends and claims emergence.

• Monitor the monthly rate level indications and communicate outliers.
• Assist in large account pricings including security calculations for National Accounts. Business consists of General Liability, Casualty Auto, and Workers Compensation.
• Assist in the annual planning processes, including profitability studies, data extractions, and data collection in collaboration with our International Actuaries.
• Perform data manipulations and work with the data team to drive process improvements.
• Provide actuarial support for quarterly reporting, such as Actual versus Expected, quarterly close processes, etc.
• Assist in maintaining the Quote and Bind Tool (QBT) for National Accounts in collaboration with our business partners.
• Assist in the development of new raters for National Accounts.
• Work effectively as part of a team and train any junior staff in order to achieve financial, strategic, and operational objectives.

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area
• Completed 2 or more actuarial exams
• 2 years or more experience
• Strong analytical and problem-solving skills
• Work well both independently and as part of a team
• Proficiency in Excel, SQL, and Snowflake
• Working experience with VBA, Python, R, or other programming languages highly preferred
• Willingness to pick up new programming languages and tools as needed
• Effective time management skills
• Excellent communication, presentation, and interpersonal skills

Ready to set new industry standards? We would love to hear from you.

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.

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.