Actuarial Pricing Manager

Mexico Actuarial Pricing Manager

Objective:

The primary objective of this role is to lead the actuarial pricing efforts for Mexico Personal Insurance (PI). This includes managing a team of pricing actuaries and closely collaborating with the Mexico Underwriting (UW) team. The role requires a deep understanding of business needs to prioritize pricing requests and conduct thorough pricing and portfolio analyses.

These insights will be converted into actionable recommendations to support the UW team in enhancing profitability and achieving business growth targets.

Key Responsibilities:

• Lead and oversee the Mexico PI pricing team, managing team members and prioritizing tasks.
• Foster strong connections with internal stakeholders, including the Underwriting, Claims, Reserving, and Global Pricing teams.
• Develop pricing models for new PI products and handle special business case analyses.
• Conduct detailed portfolio analyses and provide actionable insights to the Underwriting team to inform decision-making and profitability strategies.
• Perform Rate Level Indications, rate updates, and loss cost model updates.
• Lead the Rebaseline and Budget LR processes for Mexico PI.
• Collaborate with senior management, presenting findings and strategies related to pricing, portfolio performance, and risk management.
• Drive continuous improvement initiatives across pricing practices, including data development, risk modeling, reporting, and other relevant processes.

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 as we think in new and innovative ways to deliver better solutions to our customers.

At AIG, you can go further to support individuals, businesses, and communities, helping them manage risk and respond to times of uncertainty.

We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging:

We’re committed to creating a culture that respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through flexible work arrangements and diversity and inclusion learning.

The diversity 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 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 SEGUROS MEXICO S.A. DE C.V.