Job Description
Actuarial Assistant
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Actuarial Assistant to take on key responsibilities within a world-class actuarial function.
Make your mark in Actuarial
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.
We are seeking an actuarial assistant to assist with monitoring portfolio performance and advancing our analytics within AIG's Contract Bind business. The actuarial assistant will work on profitability studies, assist in planning and reserving, and produce portfolio management and monitoring tools. The actuarial assistant will be exposed to both pricing and reserving work and will be expected to quickly learn actuarial concepts.
Key Responsibilities:
- Assist in the development of monitoring tools to help UW understand the book of business.
- Assist in the production of pricing studies for Contract Bind business segments.
- Assist in the development of pricing and underwriting strategies.
- Work with programming to implement rate actions.
- Assist in the planning process for Contact Bind.
- Assist in the reserve review process.
Qualifications:
- BS in Actuarial Science, Mathematics, Statistics, or related area
- 1 or more exams and actively pursuing ACAS
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- Proficiency in Microsoft Office required
- Experience in SQL or R preferred
- Experience in Power BI is a plus
- Strong business and collaboration skills and responsive to service needs and operational demands
- Effective time management skills
- Excellent communication, presentation, and interpersonal skills
At AIG, we value in-person collaboration as a vital part of our culture, which is why team members come together in the office four days per week. 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 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. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf
Functional Area:
AC - Actuarial
AIG PC Global Services, Inc.