Actuary - Retail Excess Casualty Pricing

AIG; Atlanta (GA); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

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Job summary

AIG is seeking an Associate Actuary for Retail Excess Casualty to join our global actuarial team in Atlanta. You will support pricing, profitability analysis, rate level indications, and portfolio strategy while partnering with underwriting and data teams.

The role reports to the Retail Excess actuarial lead, includes one direct report, and offers competitive benefits and bonus eligibility. Ideal candidates have ACAS or close, 5+ years in casualty pricing, and strong analytical and communication

Qualifications

• BS in Actuarial Science, Mathematics, Statistics, or related area.
• ACAS preferred or close.
• +5 years or more experience in commercial casualty pricing preferred.
• Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred.
• Strong business and collaboration skills and responsive to service needs and operational demands.
• Effective time management skills.
• Strong communication, presentation, and interpersonal skills.

Responsibilities

• Collaborate with underwriting to develop pricing, underwriting strategies, identify pockets of profitable growth opportunities and future underwriting actions.
• Support the business review process and portfolio deep dives, which include reviewing underwriting actions impacting loss ratios to access impact on current and future performance.
• Ensure accuracy of quoting and rating systems by working with Underwriters.
• Ensure execution of rate level indications, portfolio profitability exercise and rate reviews within planned time frame
• Collaborate with data team to drive process improvement and achieve actuarial transformation goals
• Development and production of premium adequacy reports and budget loss ratio estimates for various segments.
• Perform peer review for actuarial work products.
• Communicate with and advise Retail Excess actuarial lead, underwriters, comptrollers, claims department.
• Work effectively as part of a team and train junior staff to achieve AIG’s financial, strategic and operational objectives

Skills

Analytical skills

Teamwork

Communication

Time management

Problem-solving

Education

BS in Actuarial Science/Mathematics/Statistics

ACAS preferred or close

Tools

Excel

SQL

SAS

Python

R

Job description

AIG is seeking an Associate Actuary for Retail Excess Casualty to join our global actuarial team in Atlanta. You will support pricing, profitability analysis, rate level indications, and portfolio strategy while partnering with underwriting and data teams.

The role reports to the Retail Excess actuarial lead, includes one direct report, and offers competitive benefits and bonus eligibility. Ideal candidates have ACAS or close, 5+ years in casualty pricing, and strong analytical and communication