Enable job alerts via email!

Actuarial Analyst Global Pricing

AIG Insurance

Greater London

On-site

GBP 60,000 - 80,000

Full time

9 days ago

Generate a tailored resume in minutes

Land an interview and earn more. Learn more

Job summary

A leading insurance provider in Greater London is seeking an Actuarial Analyst for its Global Pricing team. This role involves collaborating with various stakeholders to implement strategic pricing initiatives, perform data analysis, and develop technical pricing models. Candidates should have a BSc in Actuarial Science or related fields, along with experience in general insurance and strong coding skills in languages like Python and SQL. AIG values collaborative in-person work culture, encouraging innovation and professional development.

Benefits

Comprehensive benefits package

Professional development opportunities

Work-life balance initiatives

Qualifications

2 years of actuarial or data science experience within General Insurance.
Experience in data manipulations and process improvements.
Support in BAU activities including QA and production environments.

Responsibilities

Work directly with the broader Global Pricing team on strategic initiatives.
Prepare materials to communicate key messages to senior committees.
Assist in the development and review of new and updated raters.

Skills

Strong analytical and problem-solving skills

Strong work ethic with a willingness to learn

Strong MS Excel skills

Coding experience in Python

Good understanding of visual data / dashboards

Excellent communication and interpersonal skills

Education

BSc in Actuarial Science, Mathematics, Statistics or related area

Tools

SQL

VBA

Tableau

Power BI

Join us as an Actuarial Analyst in our Global Pricing team within Actuarial 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 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

As an Actuarial Analyst in Global Pricing you have the opportunity to work across a wide range of product lines and delivery areas. This includes working in rater delivery modelling & advanced analytics data & reporting and pricing effectiveness.

You will work with senior stakeholders across the business including our Chief Actuaries and gain excellent experience as part of a global team.

Some of the key responsibilities include :

Work directly with the broader Global Pricing team to implement strategic initiatives such as reporting based on defined requirements and standardised definitions.
Help establish Global Pricing as a central hub supporting key business areas.
Support with prioritised strategic initiatives including the wider roll out of MI for Actuarial Pricing standardisation of modelling processes and rater delivery onto strategic platforms.
Prepare materials to communicate key messages to senior committees.
Work with product actuaries to sunset existing local reports with strategic solutions.
Support Global pricing strategic leads with ad-hoc initiatives.
Liaise with Actuarial champions to help design and enhance reporting, modelling and raters.
Work effectively as part of a team to achieve financial, strategic and operational objectives.
Assist in the development and review of new and updated raters.
Support Actuaries in the development of technical pricing models used to parameterise raters using strategic tools and processes.
Support and liaise with the data team to increase data coverage and accuracy.
Perform data manipulations and work with the data team to drive process improvements.
Support development of portfolio‑level reporting and ensuring adoption of pricing standards.
Assist in BAU activities including QA and production environments.

What were looking for

BSc in Actuarial Science, Mathematics, Statistics or related area.
2 years of actuarial or data science experience within General Insurance.
Strong analytical and problem‑solving skills.
Strong work ethic with a willingness to learn.
Strong MS Excel skills.
Coding experience in Python, R, VBA or other programming languages.
Good understanding of visual data / dashboards.
Excellent communication and interpersonal skills.

#LI-AIG

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.

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 as 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 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.

AIG provides equal opportunity to all qualified individuals regardless of race, colour, 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 .

Functional Area

AC - Actuarial

Location

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

Required Experience

Key Skills