Actuarial Analyst

AIG Insurance; Greater London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A global leader in insurance solutions is seeking an Actuarial Analyst to join their UK team. The role involves providing actuarial support for portfolio optimization and performance monitoring, along with collaboration across various departments. Candidates should be graduates in Actuarial Science or Mathematics, possess strong analytical skills, and be keen on developing a career in actuarial fields. A supportive environment is promised with great career progression opportunities.

Benefits

Comprehensive benefits package

Career development opportunities

Friendly work environment

Qualifications

• Strong analytical and problem-solving skills.
• Willing to pursue membership in a recognised actuarial society.
• Strong work ethic with a willingness to learn.

Responsibilities

• Provide actuarial support to help grow the business.
• Support portfolio optimisation processes.
• Contribute to Monthly and Quarterly Business Review processes.

Skills

SQL

Python

Compliance

Excel

Data Analysis

Statistical Analysis

Actuarial Models

Education

Degree in Actuarial Science, Mathematics or related discipline

Tools

Tableau

VBA

PowerPoint

SAP

Access

Job description

Job Overview

Join us as an Actuarial Analyst within the UK Actuarial Portfolio Analytics team to take your career to the next level with an international market leader.

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 Underwriting 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.

Impact

You will be responsible for supporting the UK profit centre providing granular performance monitoring and supporting the portfolio optimisation process as well as involvement on a number of other UK & International related workstreams.

Ideal Candidate

This is a fantastic role for a bright enthusiastic graduate who has an interest in developing a career in Actuarial. We offer great career progression and we will support you in developing your technical skills and in becoming a qualified Actuary.

Key Responsibilities

• Providing the business with the actuarial support they require to profitably grow their business and take remedial action where needed.
• Supporting the development alignment and execution of portfolio strategies.
• Contribute to the Monthly and Quarterly Business Review process and other key senior Management Information requests.
• Work with other actuarial teams to help coordinate the international actuarial loss ratio planning process including helping to ensuring Loss Ratio Walks contain the required metrics.
• Support the review of budget UK loss ratios and any ad hoc analyses including IO / PO Budget process.
• Helping with ad hoc actuarial analyses and requests as required.
• Support the Actuarial relationship external auditors and independent reserve reviewers.
• Compliance with key regulatory and risk management procedures.

Qualifications

• Degree in Actuarial Science, Mathematics or related discipline.
• Willing to pursue membership in a recognised actuarial society.
• Strong analytical and problem‑solving skills.
• Strong work ethic with a willingness to learn.
• Work well both independently and as part of a team.
• Excellent communication and interpersonal skills.
• Coding experience in SQL or other programming languages desirable.

Additional

We would encourage you to complete our free virtual job simulation to help prepare for what the role will entail and experience a day in the life as an Actuarial Analyst at AIG! Get started by enrolling here.

At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

Benefits

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.

Company Overview

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 as we think 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 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.

Inclusion

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 learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent 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.

EEO Statement

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 .

Key Skills

• SQL
• Python
• Compliance
• Access
• Actuarial Models
• Actuarial support
• Data Collection
• PowerPoint
• SAP
• Tableau
• Excel
• Mathematics
• VBA
• Data Analysis
• Statistical Analysis

Details

Functional Area: AC - Actuarial

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

Required Experience: IC

Employment Type: Full-Time

Vacancy: 1