Actuary - Excess Casualty

Actuary - Excess Casualty

Actuary - Excess Casualty

At AIG, we are reimagining the way we help customers to manage risk. Join us as the Actuarial - Excess Casualty 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 with industry expertise to be a key leader on the Retail Excess Casualty team. The Actuarial Associate Director’s main responsibility will be managing a portfolio of individual account pricing reviews while partnering with the business and support teams on strategy, risk selection, pricing, and portfolio construction.
• They will also partner with other pricing actuaries in implementing best practices analytical techniques, catastrophe modelers to incorporate results into pricing and quantify portfolio risk, and reserving actuaries in assessing the impact of loss trends and claims emergence. The Actuarial Associate Director will report into the Head of Actuarial, Excess Casualty.
• Transactional actuarial associate director will be responsible for managing a portfolio of individual account pricing reviews for multiple lines of business within the US for AIG.
• The lines of business will include Excess General liability and Excess Commercial auto, with some ancillary exposure to professional liability for primary, excess and umbrella coverages.
• Pricing responsibilities include communication of actuarial pricing to underwriters, clients and brokers.
• Occasional business travel may be required.
• As an individual contributor and a manager, you will be expected to actively manage the deal pipeline with Underwriters, while delivering within tight deadlines for yourself and the team.
• Participate in peer reviews and impact analysis of default parameters within the pricing tools.
• Lead ad-hoc projects around different initiatives of our group.
• Communicate results of the projects to a variety of technical and non-technical audiences across the organization.
• Identify areas of improvement in current pricing tools and collaborate with other data/IT teams to champion & lead improvement and enhanced capture of metrics from the current tools.
• The candidate may be expected to use their programming skills as required.
• Leverage their thought leadership and consulting skills to propose strategies that lead to improved profitability of the portfolio.
• Establish strong working relationships with management from UW & reserving.
• Partner with key internal business partners from a variety of functional areas to ensure the success of UW & pricing strategies.

What you’ll need to succeed

• The candidate should possess strong technical and business expertise with the ability to build sustainable, collaborative relationships, influence business stakeholders, and lead, motivate and gain commitment from key constituents.
• Bachelor's degree in Actuarial Science or related field.
• Associate of the Casualty Actuarial Society with 5+ years of commercial lines actuarial pricing experience, preferably with significant commercial pricing experience.
• Exceptional communication skills, including the ability to develop and present clear and concise analysis and recommendations to senior management.
• Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically and serve as a strong thought partner of cross-functional leaders.
• Willing and able to continuously learn and adapt in a dynamic and fast-changing environment.
• Comprehensive awareness of the business, regulatory environment, competitors, market cycle, technology and legislative trends.
• Not afraid to take charge of a situation and can overcome resistance to change, taking unpopular stands when necessary.
• Timeliness and attention to detail.

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

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.

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).

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