American International Group

Actuarial Analyst

American International Group • $155K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or related field.
  • Two years of experience with Excel and insurance pricing and reserving.
  • Passed at least three Casualty Actuarial Society (CAS) exams.

Responsibilities

  • Price Commercial Casualty lines, including Auto Liability, General Liability, and Workers' Compensation.
  • Collaborate with underwriters on pricing large accounts and collateral analyses.
  • Document and provide analyses, observations, and findings to underwriters.
  • Assist in developing pricing and underwriting strategies.
  • Analyze profitability of business segments within Captive Solutions.
  • Support design of analytical tools for effective portfolio management.
  • Monitor rate, exposure, retention, and new/lost business changes.

Benefits

  • Comprehensive benefits package focusing on health, wellbeing, and financial security.
  • Professional development opportunities to support career growth.
  • Emphasis on in-person collaboration to foster a supportive work culture.
Full Job Description
Price Commercial Casualty lines, including Auto Liability, General Liability, and Workers' Compensation. Collaborate with underwriters on pricing large accounts and performing collateral analyses. Document work and provide clear written analyses to the underwriters, including observations and findings on completed work projects. Assist in the development of pricing and underwriting strategies. Assist in analyzing the profitability of business segments within Captive Solutions. Support the development and design of analytical tools and techniques to help the business effectively manage existing portfolios. Monitor rate, exposure, retention, and new and lost business changes. Monitor loss trends, actual versus expected, and relevant industry/regulatory changes, and effectively communicate to the management. Work with reserving actuaries to ensure smooth quarterly and annual close processes. Work with Excel and insurance lines of business pricing and reserving.

Salary Range: $155,376.00 - $155,376.00 per year

Requirements: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related field of study, plus two (2) years of experience with Excel and insurance lines of business pricing and reserving. Passage of at least three (3) Casualty Actuarial Society (CAS) exams is required.

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.

Functional Area:

AC - Actuarial

AIG PC Global Services, Inc.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Finance & Insurance
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ
AIG
* Ladders Estimates
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