Lead Actuary, NA Specialty Reserving

American International Group (AIG)

New York (NY)

On-site

USD 120,000 - 165,000

Full time

11 days ago

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Job summary

AIG is seeking a North America Specialty Reserving Lead to manage analytics and reserving for the North America portfolio. You will guide a team of analysts, coordinate reserving workflows, and ensure timely, accurate results and reporting for senior leadership.

The role requires strong actuarial expertise in commercial lines, collaboration across stakeholders, and proven process-improvement capabilities. Base salary ranges from $120,000 to $165,000 with bonus eligibility and comprehensive

Qualifications

  • BS in Actuarial Science, Mathematics, Statistics, or related field.
  • FIA or FCAS preferred
  • 5+ years’ experience in commercial lines
  • Experience of reviewing and managing reserving processes.
  • Experience of setting reserves.
  • Demonstrated ability to improve processes
  • Ability to work collaboratively across disparate stakeholders, respond and prioritise work effectively.
  • Excellent analytical and problem-solving skills.
  • Excellent project management skills.
  • Effective time management and organizational skills
  • Excellent communication, presentation, and interpersonal skills

Responsibilities

  • Lead the day-to-day workflow of analysts on the team with responsibility of coordinating and reviewing the reserving process and results for North America Specialty.
  • Interact with and advise senior management.
  • Lead multiple projects to strict deadlines and enhance existing processes.
  • Lead the day-to-day work of the team and ensure timely and accurate delivery of the North America Specialty reserve results and local reporting requirements.
  • Ensure consistency in reserving approach across products within North America Specialty and with global standards.
  • Collaborate with North America and International reserving management to develop consistent and efficient processes globally.
  • Review and report upon reserves across North Specialty to Head of Global Specialty, North America Management and wider business.
  • Consolidate North America Specialty reserving results into key MI and present to senior business leaders.
  • Support the Global Specialty Reserving lead in managing the schedule of reserve reviews for all North America Specialty products.
  • Develop efficient or improve existing processes for the management and presentation of reserving information across Global Specialty.
  • Reports jointly to Head of North America Actuarial and Global Specialty Reserving Lead.
  • Act as an independent lead within the GS team ensuring best practice across reserving and, longer term, other actuarial functions.

Job description

AIG is seeking a North America Specialty Reserving Lead to manage analytics and reserving for the North America portfolio. You will guide a team of analysts, coordinate reserving workflows, and ensure timely, accurate results and reporting for senior leadership.

The role requires strong actuarial expertise in commercial lines, collaboration across stakeholders, and proven process-improvement capabilities. Base salary ranges from $120,000 to $165,000 with bonus eligibility and comprehensive

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