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AIG

Supervising Actuary - Foreign Casualty

AIG is hiring a Supervising Actuary - Foreign Casualty in New York, United States. It pays $167k a year and Level rates it ; you can apply on AIG.

Level's read on this job

  • Level rates this role Little AI ●○○○: aI is not part of the work.
  • The posting mentions Excel, SQL and SAS among its tools and skills.
  • Level classes it as a senior role.
  • AIG has 408 other open roles on Level.

AI in this role

Supervising Actuary needed to support Foreign Casualty business at AIG, managing a team and overseeing pricing and risk analytics.

ExcelSQLSASPythonR
actuarial-sciencepricingrisk-managementinsurancedata-analysis

Supervising Actuary - Foreign Casualty

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


Make your mark in the Actuarial Team

As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG’s major regulated and rated insurance operating companies globally. Our actuaries support AIG’s businesses and are responsible for technical pricing, product development analytics and performance measurement.


How you will create an impact

We are seeking a senior pricing actuary to support our Foreign Casualty business. The actuary will :

  • Help elevate the technical capabilities of the underwriting team through dynamic work projects such as
    • profitability studies
    • rater development and maintenance
    • large accounts pricing review, and planning support.
  • Be a trusted business partner, working closely with the underwriting and claims departments to ensure profitable performance and growth.
  • Partner with other actuaries in implementing best practices and analytical techniques
  • Assess the impact of loss trends and claims emergence.
  • Manage a team of 2-4 Actuaries

What we are looking for

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • ACAS or FCAS
  • 7+ yrs Acuarial Pricing Experience
  • 2+ yrs Actuarial Management Experience
  • Strong analytical and problem-solving skills
  • Work well both independently and as part of a team
  • Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred
  • Strong business and collaboration skills and responsive to service needs and operational demands
  • Effective time management skills
  • Strong communication, presentation, and interpersonal skill

The base salary range for this position is $134,00-$167,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview


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


#LI-CM1 #Actuary #Actuarial #Pricing

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. 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—to bring peace of mind to you and your family.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. 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. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Functional Area:

AC - Actuarial

National Union Fire Insurance Company of Pittsburgh, Pa.

How we rate this

Supervising Actuary - Foreign Casualty at AIG rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Actuarial SciencePricingRisk ManagementInsuranceData AnalysisExcelSQLSAS

Questions you could be asked

  1. Tell me about a project where actuarial science was part of your work. What did you do?
  2. Tell me about a project where pricing was part of your work. What did you do?
  3. Tell me about a project where risk management was part of your work. What did you do?
  4. Tell me about a project where insurance was part of your work. What did you do?
  5. Tell me about a project where data analysis was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Actuarial Science, Pricing, Risk Management, Insurance, and Data Analysis. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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