Actuary (P&C Pricing)

Actuary – Canada Casualty Pricing

Join us as an Actuary – Canada Casualty Pricing to make more of your specialist expertise and experience.

At AIG, we are reimagining the way we help customers manage risk. Join us as an Actuary – Pricing 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 Actuary

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

• Monitor profitability for Canadian 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 transactional pricing.
• Put action plan in place to ensure seamless monitoring of rate levels, rate changes, and rate adequacy.
• Identify current capabilities and gaps in data capture.
• Coordinate and ensure consistency in approach and execution of pricing assessments, rate development, and rating models.
• Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations.
• Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price).

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• 7 or more years of actuarial experience in property casualty insurance. Pricing experience preferred.
• Fellow of Casualty Actuarial Society is preferred.
• Strong analytical, technical, time management, and problem-solving skills.
• Takes initiative on projects and assignments; seeks alternative solutions.
• Works well both independently and as part of a team.
• Proficiency in Excel, Access, VBA, or other related skills.
• Strong business and collaboration skills, and responsive to service needs and operational demands.
• Effective time management skill. Capability to balance multiple projects with competing deadlines.

Ready to make a bigger impact? We look forward to reviewing your application.

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. 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 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, cultural awareness activities, and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. 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 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 Insurance Company of Canada