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AIG · 1 week ago

Senior Actuarial Analyst, Reserving - Workers Compensation

New York, NY

Full-time

Onsite

Mid, Senior Level

$100K/yr - $125K/yr

3+ years exp

AIG is a global leader in commercial and personal insurance solutions, seeking a Senior Actuarial Analyst to support their Workers Compensation business. The role involves analyzing loss reserves, monitoring trends, and collaborating across various functions to enhance actuarial processes and achieve financial objectives.

BankingFinancial ServicesInsurance

Responsibilities

Analyze information to determine and document the adequacy of loss and loss expense reserves

Analyze and monitor loss trends and relevant industry/regulatory changes and effectively communicate to management

Support quarterly process of determining the appropriate amount of IBNR to be booked

Assist with quarterly financial and regulatory reporting (quarter close) and provide data for annual statement reporting

Engage with Pricing actuaries on profit center budget

Collaborate with data team to drive process improvement and achieve actuarial transformation goals

Perform tech and peer reviews for actuarial work products

Work effectively as part of a team to achieve AIG’s financial, strategic and operational objectives

Qualification

Actuarial ScienceCommercial Casualty ExperienceData AnalysisExcelSQLSASPythonRProblem-SolvingTeam CollaborationCommunication SkillsTime ManagementCustomer Focus

Required

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

3 or more years of experience in Commercial Casualty lines pricing and/or reserving

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

Strong communication, presentation, and interpersonal skills

Strong work ethic

Customer focus

Preferred

3 or more actuarial exams preferred

Proficiency in Excel and SQL, with experience in SAS, Python, R, or other programming languages also 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