Reserve Actuary – P&C Analytics

AIG; Jersey City (NJ); On-site; USD 105,000 - 130,000; Full time

Job summary

AIG is seeking an actuarial professional to support the centralized reserving team. The role focuses on reserve reviews, quarter close and year-end deliverables, and collaboration with the PCS business.

You will work with fellow actuaries to apply best practices, analyze loss trends, and contribute to actuarial transformation initiatives. Responsibilities include reviewing reserves, analyzing trends with Pricing Actuaries and Underwriting, and ensuring timely financial reporting.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
• 3+ years of P&C actuarial experience, with reserving experience strongly preferred.
• ACAS credential or near-ACAS completion.
• Strong analytical, problem-solving, and critical thinking skills.
• Demonstrated drive to continuously learn, innovate, and improve processes.

Responsibilities

• Perform and communicate the Private Client Select reserve review.
• Complete trend studies and collaborate with Pricing Actuaries and Underwriting to evaluate emerging loss experience.
• Analyze loss trends and claims emergence to assess reserve adequacy and identify key drivers of change.
• Collaborate with Claims and Underwriting to review large losses on a monthly basis.
• Provide actuarial support for quarterly closing activities and year-end financial reporting.
• Support the Global AvE process.
• Partner with other actuaries to implement reserving best practices and analytical methodologies.
• Work effectively as part of a team and mentor any junior staff to support financial, strategic, and operational objectives.
• Collaborate with Data and Technology teams to drive process improvements and support actuarial transformation initiatives.
• Perform ad hoc analyses and other duties as required.

Skills

P&C actuarial experience

ACAS credential

Analytical skills

Communication skills

Education

Bachelor's degree in Actuarial Science/Math/Statistics

Tools

VBA

SQL

Snowflake

Job description

AIG is seeking an actuarial professional to support the centralized reserving team. The role focuses on reserve reviews, quarter close and year-end deliverables, and collaboration with the PCS business.

You will work with fellow actuaries to apply best practices, analyze loss trends, and contribute to actuarial transformation initiatives. Responsibilities include reviewing reserves, analyzing trends with Pricing Actuaries and Underwriting, and ensuring timely financial reporting.