Lead Actuary, Reserving - NA Specialty

American International Group; Northern (KY); Hybrid; USD 120,000 - 165,000; Full time

Benefits offered by this job

Competitive Benefits

Total Rewards Program

ERGs

Job summary

American International Group seeks an Actuary, Reserving - North America Specialty to lead the team and deliver reserve results for North America Specialty. You will collaborate with Finance, Claims, Operations, Marketing and Risk Management to quantify risk, price insurance and reserve losses.

The role requires a BS in Actuarial Science or related field, FIA/FCAS preferred, and 5+ years in commercial lines with strong process improvement and stakeholder management.

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.
• Customer focus.

Responsibilities

• Lead day-to-day team work to ensure timely reserve results and local reporting.
• Ensure reserving approach consistency across products and global standards.
• Collaborate with NA and international teams to develop global processes.
• Review and report reserves to Head of NA Actuarial and Global Reserving Lead.
• Consolidate reserving results into MI and present to senior leaders.
• Support the Global Specialty Reserving lead with reserve review schedules.
• Maintain controls for the reserving process and audits (SOX/internal).
• Develop efficient processes for presenting reserving information across Global Specialty.

Skills

Analytical thinking

Communication skills

Team collaboration

Time management

Customer focus

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

FIA or FCAS preferred

Job description

American International Group seeks an Actuary, Reserving - North America Specialty to lead the team and deliver reserve results for North America Specialty. You will collaborate with Finance, Claims, Operations, Marketing and Risk Management to quantify risk, price insurance and reserve losses.

The role requires a BS in Actuarial Science or related field, FIA/FCAS preferred, and 5+ years in commercial lines with strong process improvement and stakeholder management.