
Associate Actuary, Life Pricing, Group Benefits
AIG
full-time
Posted on:
Location Type: Hybrid
Location: Houston • California • New Jersey • United States
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Tech Stack
About the role
- Design, price, and implement Life Insurance products, balancing profitability, marketability, and risk.
- Lead Group Benefits reporting requirements for Minimum Loss Ratio (MLR) under Patient Protection and Affordable Care Act (PPACA), large client annual reporting on their plan performance etc.
- Assumption development, state filings and approval documents for Traditional Life products.
- Review emerging experience and adjust assumptions and pricing as necessary.
- Collaborative mindset to work cross functionally (Product Development, Finance, Risk, Compliance, Legal, Distribution, Reinsurance etc.)
Requirements
- New FSA preferred; Career ASA or near FSA with 5+ years of experience will be considered.
- Bachelor degree in Actuarial Science, Mathematics, Finance or a related field.
- Proficient in at least one actuarial pricing projection software, ideally PROPHET or AXIS.
- Ability to work well in teams.
- Ability to handle multiple projects and meet tight deadlines.
- Excellent oral and written communication skills.
- Customer oriented individual providing strong customer service to internal stakeholders.
- Demonstrated technology skills, including knowledge of Microsoft Excel and computer programming (VBA, C++).
- Strong problem-solving skills.
- Looking for someone hands-on and willing to learn.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
actuarial pricingassumption developmentstate filingspricing projection softwarePROPHETAXIScomputer programmingVBAC++
Soft skills
collaborative mindsetteamworkproject managementcommunicationcustomer serviceproblem-solvingwillingness to learn
Certifications
FSAASA