Actuarial Analyst, MGA: Pricing & Profitability

American International Group; Sydney; On-site; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Total Rewards Program

Professional development

In-office culture

Job summary

American International Group (AIG) is hiring an Actuarial Analyst for its Managing General Agent (MGA) team in Australia and New Zealand. The role focuses on technical pricing, performance measurement and profitability across MGAs, with collaboration across Underwriters, Distribution and Finance.

The successful candidate will develop pricing models, monitor portfolio performance, and support due diligence for new MGA opportunities while leveraging data analytics and strong stakeholder engagement.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or other quantitative fields.
• Prior general insurance experience is required or highly preferred.
• Experience in programming with Python, R or SQL is advantageous.
• Experience with databases and data extraction/manipulation is advantageous.
• Demonstrated analytical and problem-solving abilities.
• Ability to adapt to changing priorities and manage multiple tasks.

Responsibilities

• Support pricing, monitoring and profitability assessments for MGAs across Australia and New Zealand.
• Develop and implement pricing/rating models and technical raters.
• Utilize advanced analytics and predictive modelling where appropriate.
• Conduct profitability studies and assess budget loss ratios by segment.
• Assist with due diligence for new MGA opportunities.
• Engage with underwriters, functions and MGAs to provide strategic direction.
• Assist with ad-hoc analyses as required.

Skills

General insurance experience

Python

R

SQL

Data extraction

Analytical skills

Multitasking

Communication skills

Time management

Stakeholder management

Collaboration

Problem solving

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics or other quantitative degrees

Tools

SQL

Job description

American International Group (AIG) is hiring an Actuarial Analyst for its Managing General Agent (MGA) team in Australia and New Zealand. The role focuses on technical pricing, performance measurement and profitability across MGAs, with collaboration across Underwriters, Distribution and Finance.

The successful candidate will develop pricing models, monitor portfolio performance, and support due diligence for new MGA opportunities while leveraging data analytics and strong stakeholder engagement.