American International Group

Associate Actuary – A&H Pricing, North America

American International Group • $119K — $149K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BS in Actuarial Science, Mathematics, Statistics, or related area
  • ASA / ACAS Designation is preferred
  • 4+ years of actuarial experience, ideally in A&H pricing
  • Advanced skills in Excel, Python, and PowerPoint
  • Familiarity with R and/or data visualization software is a plus
  • Excellent verbal and written communication skills

Responsibilities

  • Drive product innovation by working with cross-functional teams to launch new products
  • Provide risk mitigation strategies that comply with corporate and regulatory standards
  • Translate complex data into actionable insights for senior leadership
  • Mentor a team of actuaries and analysts to promote collaboration and best practices
  • Engage effectively with internal and external stakeholders
  • Manage projects related to Pricing Management Reporting
  • Lead budget and reinsurance planning initiatives

Benefits

  • Comprehensive benefits package focused on health and wellbeing
  • Financial security benefits included in the Total Rewards Program
  • Support for professional development
  • Encouragement of in-person collaboration for team cohesion
  • A culture that values people as the greatest asset
Full Job Description

Associate Actuary – A&H Pricing, North America

Your expertise in A&H risk management and pricing will be key in leading your team to provide technical pricing guidance, product development analytics, performance measurement and financial reporting, while ensuring alignment with regulatory standards and corporate goals in support of the A&H business.


Responsibilities include

  • Drive product innovation by collaborating with cross-functional teams to bring new products to market.  Your knowledge of A&H products and analytical techniques will ensure competitive design and pricing.
  • Assess and provide risk mitigation solutions to ensure alignment with corporate goals and regulatory standards.
  • Translate complex data into actionable insights for senior leadership, influencing strategic decisions related to budget, product design, portfolio management, and business segments.
  • Mentor a team of actuaries and analysts, fostering a culture of collaboration and actuarial best practices.
  • Independently and effectively engage with various internal and external stakeholders.
  • Manage multiple projects such as:
  • Transformation projects for Pricing Management Reporting.
  • Budget and reinsurance planning. 

What we are looking for

  • BS in Actuarial Science, Mathematics, Statistics, or related area.
  • ASA / ACAS Designation is preferred
  • At least 4+ years of actuarial experience, A&H pricing experience preferred.
  • Advanced experience with Excel, Python, and PowerPoint.
  • Knowledge with R and/or other data visualization software a plus.
  • Strong verbal and written communication skills.

For positions based in New York , the base salary range is $119,000-$149,000. For positions based in New Jersey, the base salary range is $115,000-145,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:


#LI-AIG #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 Property Casualty Company

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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