Associate Actuary - Retail Property

American International Group, Inc. (AIG)

New York, US
Base: $129,000-$154,000 (ny); $115,000-$148,000 (n...
Commercial property pricing experience
Catastrophe modeling fundamentals
Pricing system parameter review
The role involves quantifying risk, pricing insurance, and reserving losses for AIG's major operating companies globally

Job Summary

  • The role involves quantifying risk, pricing insurance, and reserving losses for AIG's major operating companies globally.
  • Candidates will partner with catastrophe modelers to incorporate results into pricing and quantify portfolio risk while ensuring adequate risk-adjusted returns.
  • AIG offers a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development.

Matching Summary

The role involves quantifying risk, pricing insurance, and reserving losses for AIG's major operating companies globally.

Salary

Base: $129,000-$154,000 (NY); $115,000-$148,000 (NJ); $110,000-$141,000 (IL); Bonus: Eligible per incentive plan; Benefits: Comprehensive Total Rewards Program including health and professional development

Skills & Requirements

Must-have

  • Commercial property pricing experience
  • Catastrophe modeling fundamentals
  • Pricing system parameter review
  • Loss trend assessment
  • Underwriting strategy development

Nice-to-have

  • Excellent communication skills
  • Adaptability in dynamic environments
  • Attention to detail and timeliness
  • Collaboration with cross-functional teams

Key Requirements

  • Associate of the Casualty Actuarial Society (ACAS)
  • At least 5 years commercial lines actuarial experience
  • Significant commercial property pricing experience preferred

Work Rights

Not specified

Tailored Resume

Cover Letter