Associate Actuary - Lexington Professional Lines

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Lexington Professional Lines to take on key responsibilities within a world-class actuarial function.

Make your mark in Actuarial

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

How you will create an impact

We are seeking an actuarial professional to drive the advancement of our analytical capabilities within AIG’s Lexington Professional Lines business segments. This is an exciting position focused on professional liability products, predominantly performing reserving and quarter-close functions. The actuary will help elevate the technical capabilities of the team, working to support estimation of claim liabilities including dynamic work projects such as sensitivity analysis, scenario testing, and trend studies. The individual will be a trusted business partner, working closely with underwriting and claims to ensure accurate assessment of liabilities & profitable performance.

• Perform and communicate the results of reserving studies for professional lines product segments

• Help advance the team’s ability to perform deeper analytics such as ranges of reasonability, sensitivity testing, and claim modeling

• Work closely with claims business partners to review claim trends, examine changes in the judicial environment, and monitor emerging issues

• Monitor loss trends and relevant industry/regulatory changes, and effectively communicate to management

• Support the annual planning process

• Help support pricing & profitability analyses as needed

• Perform other adhoc work related to ongoing business needs

What you’ll need to succeed

• BS in Actuarial Science, Mathematics, or Statistics

• ACAS or FCAS preferred

• 5 years or more experience, with reserving experience strongly preferred

• Experience in SQL and/or programming languages preferred

• Innate drive to continuously learn and innovate

• Strong analytical and problem-solving skills

• Work well both independently and as part of a team

• Strong business and collaboration skills

• Flexibility and effective time management skills

• Excellent communication, presentation, and interpersonal skills

• Proficiency in Microsoft Office required

Ready to set new industry standards? We would love to hear from you.

#LI-CM1

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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .

Functional Area:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc.