Associate Actuary - Risk Management

AIG

New York, NY, US
Base: $110,000-$145,000 depending on location; bon...
Property and casualty insurance experience
Reserving model benchmarking and validation
Pricing and underwriting model review
This position assists the Actuarial Independent Review team in reviewing policyholder liabilities and challenging reserving model assumptions

Job Summary

  • This position assists the Actuarial Independent Review team in reviewing policyholder liabilities and challenging reserving model assumptions.
  • The role involves identifying high-risk pricing and underwriting models requiring ERM review and guiding first-line teams on best practices.
  • AIG offers a comprehensive Total Rewards Program including competitive benefits focused on health, wellbeing, and professional development.

Matching Summary

This position assists the Actuarial Independent Review team in reviewing policyholder liabilities and challenging reserving model assumptions.

Salary

Base: $110,000-$145,000 depending on location; Bonus: Eligible per incentive plan; Benefits: Comprehensive Total Rewards Program included

Skills & Requirements

Must-have

  • Property and casualty insurance experience
  • Reserving model benchmarking and validation
  • Pricing and underwriting model review
  • Statistical testing for loss development factors
  • Risk segmentation and trend analysis

Nice-to-have

  • Proactive stakeholder relationship building
  • Ability to communicate complex matters simply
  • Experience with emerging risk quantification
  • Knowledge of industry reserving methodologies

Key Requirements

  • University undergraduate degree required
  • Working towards Associate or Fellow of Casualty Actuary Society
  • Minimum 5 years specializing in actuarial or risk management
  • Experience from P&C (re)insurer or consulting background

Work Rights

Not specified

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