Actuarial Analyst: Pricing & Risk Forecasting

American International Group; Parsippany-Troy Hills (NJ); On-site; USD 80,000 - 110,000; Full time

Job summary

American International Group (AIG) in Parsippany, NJ is seeking an Actuarial Analyst to monitor portfolio performance and assist with rate changes that drive profitability. You will work closely with underwriting to develop pricing strategies, present proposals to senior underwriters, and partner with IT to implement changes.

The role requires a BS in Actuarial Science or related field and 2+ years of pricing experience, with strong analytical and programming skills in Excel, SQL, Python, or R.

Qualifications

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• 2+ years of experience; pricing experience preferred.
• Strong analytical and problem-solving skills.
• Proficiency in Excel, SQL, Python, R or other programming languages.

Responsibilities

• Monitor portfolio performance and assist with strategic rate changes.
• Present proposed rate changes to senior underwriters and coordinate implementation with IT.
• Develop monitoring reports to track actual vs expected results and trends.
• Collaborate with underwriting, claims, and finance during planning and pricing processes.

Skills

Excel

SQL

Python

R

Teamwork

Education

Bachelor's degree in Actuarial Science

Job description

American International Group (AIG) in Parsippany, NJ is seeking an Actuarial Analyst to monitor portfolio performance and assist with rate changes that drive profitability. You will work closely with underwriting to develop pricing strategies, present proposals to senior underwriters, and partner with IT to implement changes.

The role requires a BS in Actuarial Science or related field and 2+ years of pricing experience, with strong analytical and programming skills in Excel, SQL, Python, or R.