American International Group

Actuary & AVP - Management Liability

American International Group$180K — $225K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • Credentialed FCAS
  • 10+ years of experience with Management Liability familiarity
  • Proficient in SQL & R/Python
  • Strong analytical and problem-solving capabilities
  • Excellent communication and interpersonal skills
  • Proven ability to coach and mentor others

Responsibilities

  • Lead the pricing function and communicate results for Management Liability segments
  • Develop and manage advanced models for pricing and claim trends
  • Collaborate with underwriting to understand market trends and portfolio shifts
  • Stay informed on public D&O and security class actions
  • Conduct innovative analyses for unique account ratings
  • Drive deeper analytics with new ideas and projects
  • Support annual profit study and planning processes
  • Manage a team of actuaries with effective coaching and project oversight

Benefits

  • Comprehensive benefits package focused on health and wellbeing
  • Professional development opportunities
  • Support for financial security
  • Promotes work-life balance
  • Encourages collaboration through in-office work
Full Job Description

Actuary & AVP - Management Liability

We are seeking an actuarial professional to lead the pricing function for the Management Liability segment within AIG’s North America Financial Lines team.  This is an exciting position focused on pricing, modelling, and advanced analytics for our Management Liability product lines, including D&O, EPL, Fiduciary, & Crime.  The actuary will manage a team of individual contributors, overseeing the execution of dynamic work projects such as profitability studies, predictive modelling, planning support, and building out portfolio management & monitoring tools.    The individual will be a trusted business partner, working closely with the underwriting and claims departments to ensure profitable performance and growth. 

  • Perform and communicate the results of pricing studies for Management Liability product segments

  • Construct & maintain advanced models for various business functions such as pricing or claim trend monitoring

  • Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, monitor emerging issues, and help management develop and quantify the impact of underwriting actions

  • Maintain a robust command of public D&O / security class action trends & claim activity

  • Perform unique & innovative individual account rating analyses as needed

  • Help advance the broader Financial Lines team’s ability to perform deeper analytics by proposing new ideas, trying new techniques, and leading innovative projects

  • Support the annual profit study & planning process

  • Support rate filings as needed

  • Lead a team of actuaries through coaching, mentoring, and project management

What we are looking for

  • BS in Actuarial Science, Mathematics, Statistics, or related area

  • Credentialed FCAS

  • 10 years or more experience, Management Liability familiarity required

  • Experience in SQL & R/Python preferred

  • A thought leader, with an innate drive to continuously learn and innovate

  • Strong analytical and problem-solving skills

  • Work well managing and coaching others

  • Strong business and collaboration skills, demonstrated ability to influence business partners

  • Flexibility and effective time management skills

  • Excellent communication, presentation, and interpersonal skills

The base salary range for this position is $180,00-$225,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:

Ready to set new industry standards? We would love to hear from you.

#LI-CM1 #Actuary #Actuarial #Pricing

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
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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