AIG

Associate Actuary – Property

AIG

full-time

Posted on:

Location Type: Hybrid

Location: Illinois, New Jersey, New York, Pennsylvania • 🇺🇸 United States

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Salary

💰 $110,000 - $154,000 per year

Job Level

JuniorMid-Level

About the role

  • Work closely with the Chief Underwriting Office to develop pricing and underwriting strategies
  • Review the parameters in the pricing systems, actively work to improve pricing systems, and monitor underwriter adherence to pricing procedures and methodologies
  • Coordinate pricing, planning, and accumulation management efforts with cat modeling team to ensure adequate risk-adjusted returns
  • Develop analytical tools to help underwriters assess risks posed by insureds
  • Work closely with reserving actuaries to understand sources of reserve development
  • Provide recommendations on rating methodologies, parameters and tools to improve accuracy of technical pricing

Requirements

  • At least an Associate of the Casualty Actuarial Society (ACAS)
  • At least 5 years of commercial lines actuarial experience, preferably with significant commercial property pricing experience
  • Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management
  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment
  • Solid understanding of catastrophe modeling fundamentals
  • Timeliness and attention to detail.
Benefits
  • Competitive benefits package focused on health, wellbeing, and financial security
  • Professional development opportunities
  • Bonus eligible in accordance with incentive plan

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
pricing strategiesunderwriting strategiesanalytical toolscatastrophe modelingrisk assessmentrating methodologiestechnical pricingcommercial property pricingreserve development
Soft skills
communication skillsanalysis presentationadaptabilityattention to detail
Certifications
Associate of the Casualty Actuarial Society (ACAS)
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