Actuary – Canada Casualty Pricing jobs in United States
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AIG · 5 months ago

Actuary – Canada Casualty Pricing

AIG is a global insurance company providing insurance products to support clients in business and in life. They are seeking an Actuary for Canada Casualty Pricing to quantify risk, price insurance, and reserve losses while collaborating with various functions to improve risk management.

BankingFinancial ServicesInsurance

Responsibilities

Monitor profitability for Canadian profit centres and work with management to set rate targets each year
Provide strategic actuarial advice to senior management with respect to issues such as rate indications and pricing
Develop structure for regular review of rate adequacy and profitability transactional pricing
Put action plan in place to ensure seamless monitoring of rate levels, rate changes and rate adequacy
Identify current capabilities and gaps in data capture
Coordinate and ensure consistency in approach and execution of pricing assessments, rate development and rating models
Work with Head Office actuaries on pricing models and ensuring proper Canadian considerations
Produce strategy to determine what we need to be charging (technical price) and to determine what we are charging (actual price)

Qualification

Actuarial ScienceProperty Casualty InsurancePricing ExperienceFellow of Casualty Actuarial SocietyData AnalysisExcelAccessVBAService Orientation

Required

BS in Actuarial Science, Mathematics, Statistics, or related area
7 or more years of actuarial experience in property casualty insurance
Strong analytical, technical, time management and problem-solving skills
Takes initiative on projects and assignments; seeks alternative solutions
Works well both independently and as part of a team
Proficiency in Excel, Access, VBA, or other related skills
Strong business and collaboration skills, and responsive to service needs and operational demands
Effective time management skill. Capability to balance multiple projects with competing deadlines

Preferred

Pricing experience preferred
Fellow of Casualty Actuarial Society is preferred

Benefits

Total Rewards Program

Company

AIG is a global insurance company providing insurance products to support clients in business and in life.

Funding

Current Stage
Late Stage

Leadership Team

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Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
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Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Company data provided by crunchbase