Actuarial Analyst, MGA: Pricing & Profitability

AIG; Sydney; On-site; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Total Rewards Program

Job summary

AIG Australia is seeking an Actuarial Analyst for its Managing General Agent (MGA) team in Australia and New Zealand. You will support pricing, monitoring and profitability assessments across MGAs, collaborating with underwriters, distribution, operations and finance.

Reporting to the MGA Actuarial lead, you will help create alliances to advance MGA objectives, manage portfolio metrics, and contribute to strategic analyses in a fast-paced environment.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or other quantitative degree.
• Prior general insurance experience.
• Experience in programming languages Python, R, and SQL is advantageous.
• Experience with databases and data extraction/manipulation is advantageous.
• Strong analytical and problem-solving abilities.
• Flexibility to adapt quickly to changing priorities.
• Ability to manage multiple tasks and meet tight deadlines.
• Proven collaboration delivering quality, accurate results with stakeholders.

Responsibilities

• Support proactive, regular portfolio management for profitable growth.
• Assist development and implementation of portfolio management tools and key metrics.
• Support profitability assessments and cost allocations by segment.
• Assist pricing models and technical raters; apply analytics and modeling as needed.
• Contribute to profitability studies and budget loss ratio analyses.
• Assist due diligence for new MGA opportunities.
• Engage with underwriters, functions and MGAs to provide strategic direction.
• Perform ad-hoc analyses as required.

Skills

General insurance experience

Python/R/SQL

Data extraction

Analytical skills

Multi-tasking

Collaboration

Time management

Verbal & written communication

Education

Actuarial Science / Mathematics / Statistics degree

Tools

Python

R

SQL

Databases

Job description

AIG Australia is seeking an Actuarial Analyst for its Managing General Agent (MGA) team in Australia and New Zealand. You will support pricing, monitoring and profitability assessments across MGAs, collaborating with underwriters, distribution, operations and finance.

Reporting to the MGA Actuarial lead, you will help create alliances to advance MGA objectives, manage portfolio metrics, and contribute to strategic analyses in a fast-paced environment.