Senior Actuarial Python Developer (Rater Delivery)

Senior Python Developer - Rater Delivery

At AIG, we are reimagining the way we help customers manage risk. Join us as the Senior Python Developer - Rater Delivery to take on key responsibilities within a world-class actuarial function.

How you will create an impact

The North America Rater Delivery Team within Global Pricing – Actuarial develops commercial rating solutions for underwriting teams within AIG, while supporting strategic initiatives within the actuarial team.

The team works alongside International counterparts, Product Actuaries, Underwriters, and other teams within Global Pricing to provide a comprehensive approach to pricing and portfolio optimization.

We are seeking an actuarial professional to develop Python-based pricing tools. This unique role offers a range of responsibilities and provides the opportunity to engage and partner with actuarial colleagues, IT, Operations, the Data Office, and Chief Underwriting Officers.

We are looking for an individual who is internally motivated, intellectually curious, can manage multiple priorities, and is driven to enhance existing processes.

• Implement complicated actuarial models on AIG’s future state rating platform: hyperexponential reNew (hx), a Python-based commercial rating product.
• Standardize hx architecture patterns and enhance common modules to ease the rater build process.
• Establish training and upskilling of product actuaries to scale up the rater delivery model.
• Support Product Actuaries in developing, building, and enhancing pricing tools used across the North America commercial platform.
• Work closely with the Product Actuaries, Modelers, Underwriters, Business Leads, and Chief Underwriting Officers to implement efficiencies to pricing tools and raters.
• Operationalize profitable growth strategies in the front-end pricing tools by refining existing pricing models to align with portfolio insights, and improve pricing adequacy and risk selection.
• Assist in developing segment-specific algorithm design, actuarial code review, testing, and test reporting.
• Take ownership of projects utilizing Agile planning approaches, apply rigorous coding standards in reviewing the work of others and managing junior resources.
• Help the team develop DevOps best practices and train and support other actuarial team members in the use of advanced software engineering approaches.
• Research and develop advanced pricing techniques.

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Computer Science, or related area
• 7 years or more in commercial and/or financial lines pricing preferred
• Expert in coding in Python
• Strong analytical and problem-solving skills
• Work well both independently and as part of a team
• Able to lead projects independently
• Strong business and collaboration skills, and responsive to service needs and operational demands
• Effective time management skills
• Excellent communication, presentation, and interpersonal skills
• Proficiency in Microsoft Office required

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.

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 our flexible work arrangements, diversity and inclusion learning, and cultural awareness activities.

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.