We are seeking an actuarial professional with industry expertise to support the centralized reserving team. The position involves reserve reviews, quarter close and year-end deliverables, and support the PCS business. They will partner with other actuaries in implementing best practices, analytical techniques, and assessing the impact of loss trends and claims emergence.
Key Responsibilities:
- Perform and communicate the Private Client Select reserve review.
- Complete trend studies and collaborate with Pricing Actuaries and Underwriting to evaluate emerging loss experience.
- Analyze loss trends and claims emergence to assess reserve adequacy and identify key drivers of change.
- Collaborate with Claims and Underwriting to review large losses on a monthly basis.
- Provide actuarial support for quarterly closing activities and year-end financial reporting.
- Support the Global AvE process.
- Partner with other actuaries to implement reserving best practices and analytical methodologies.
- Work effectively as part of a team and mentor any junior staff to support financial, strategic, and operational objectives.
- Collaborate with Data and Technology teams to drive process improvements and support actuarial transformation initiatives.
- Perform ad hoc analyses and other duties as required.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- 3+ years of P&C actuarial experience, with reserving experience strongly preferred.
- ACAS credential or near-ACAS completion.
- Strong analytical, problem-solving, and critical thinking skills.
- Demonstrated drive to continuously learn, innovate, and improve processes.
- Ability to work effectively both independently and as part of a team.
- Proficiency in Microsoft Office applications.
- Experience with VBA, SQL, Snowflake, or other programming languages strongly preferred.
- Willingness to learn new programming languages, technologies, and tools as needed.
- Effective organizational and time management skills.
- Strong written and verbal communication, presentation, and interpersonal skills.
- Strong business acumen and collaboration skills.
- Ability to manage multiple priorities and adapt to changing business needs.
For positions based in New York , the base salary range is $109,000-$135,000. For positions based in New Jersey, the base salary range is $105,000-130,000. 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: US Benefits
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.
AC - Actuarial
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