Associate Actuary – A&H Pricing, North America

Associate Actuary – A&H Pricing, North America

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Director & Actuary – A&H Pricing, North America to take on key responsibilities within a world-class actuarial function.

Make your mark in the A&H Actuarial Team

Our A&H Actuaries are on the front lines, quantifying risk, pricing insurance and providing key analyses for AIG’s stakeholders.  We collaborate with multiple functions, including Finance, Claims, Operations, Marketing and Underwriting.  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

Your expertise in A&H risk management and pricing will be key in leading your team to provide technical pricing guidance, product development analytics, performance measurement and financial reporting, while ensuring alignment with regulatory standards and corporate goals in support of the A&H business.

Responsibilities include

• Drive product innovation by collaborating with cross-functional teams to bring new products to market.  Your knowledge of A&H products and analytical techniques will ensure competitive design and pricing.
• Assess and provide risk mitigation solutions to ensure alignment with corporate goals and regulatory standards.
• Translate complex data into actionable insights for senior leadership, influencing strategic decisions related to budget, product design, portfolio management, and business segments.
• Mentor a team of actuaries and analysts, fostering a culture of collaboration and actuarial best practices.
• Independently and effectively engage with various internal and external stakeholders.
• Manage multiple projects such as:
• Transformation projects for Pricing Management Reporting.
• Budget and reinsurance planning. 

What we are looking for

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• ASA / ACAS Designation is preferred
• At least 4+ years of actuarial experience, A&H pricing experience preferred.
• Advanced experience with Excel, Python, and PowerPoint.
• Knowledge with R and/or other data visualization software a plus.
• Strong verbal and written communication skills.

For positions based in New York , the base salary range is $119,000-$149,000. For positions based in New Jersey, the base salary range is $115,000-145,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits

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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 [email protected].  

AC - Actuarial

AIG Property Casualty Company