AIG · 5 months ago
Associate Actuary
NY-New York
Full-time
Onsite
Mid, Senior Level
$115K/yr - $148K/yr
5+ years expAIG is a global leader in commercial and personal insurance solutions, seeking an Associate Actuary Analyst to contribute to their mission of managing risk. The role involves monitoring portfolio performance, implementing strategic rate changes, and collaborating with various teams to ensure profitability and effective communication of results.
BankingFinancial ServicesInsurance
Responsibilities
Support the Commercial Contact Bind Underwriting Team which writes small commercial property, liability, garage, and excess
Produce profitability studies and effectively communicate results to UW
Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities
Work closely with programming to implement rate changes
Continue to build out monitoring reports that provide UW with an understanding of the book of business
Support finance and UW during the annual planning process
Estimate, review, and evaluate the monthly Actual versus expected at a pricing segment level
Monitor loss trends, relevant industry, and regulatory changes and effectively communicate to management impacts on business
Review underwriting actions impacting loss ratios to assess impact on current and future performance and collaborate with underwriting to identify future underwriting actions
Train junior staff
Qualification
Required
BS in Actuarial Science, Mathematics, Statistics, or related area
Requires ACAS or FCAS
Requires 5+ years or more experience, pricing experience preferred
Strong analytical and problem-solving skills
Work well both independently and as part of a team
Strong business and collaboration skills and responsive to service needs and operational demands
Effective time management skills
Excellent communication, presentation, and interpersonal skills
Customer focus
Preferred
Pricing experience preferred
Proficiency in Excel, SQL, Python, R, or other programming languages preferred
Benefits
A range of competitive benefits
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
Company
AIG
AIG is a global insurance company providing insurance products to support clients in business and in life.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Recent News
Beinsure - Insurance, Reinsurance, InsurTech Insights
2025-11-26
Business Wire
2025-11-05
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