AIG

Associate Actuary, Life Pricing, Group Benefits

AIG

full-time

Posted on:

Location Type: Hybrid

Location: HoustonCaliforniaNew JerseyUnited States

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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