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 testing
Pricing and underwriting model validation
This position assists the Actuarial Independent Review team in quantifying risk and reviewing policyholder liabilities for AIG's major insurance operating companies

Job Summary

  • This position assists the Actuarial Independent Review team in quantifying risk and reviewing policyholder liabilities for AIG's major insurance operating companies.
  • Candidates will build benchmark reserving models, design statistical tests to challenge assumptions, and support documentation for local Boards and Audit Committees.
  • The role offers a competitive salary range between $110,000 and $145,000 depending on location, along with eligibility for bonuses and comprehensive benefits.

Matching Summary

This position assists the Actuarial Independent Review team in quantifying risk and reviewing policyholder liabilities for AIG's major insurance operating companies.

Salary

Base: $110,000-$145,000 depending on location; Bonus: Eligible per incentive plan terms; Benefits: Comprehensive Total Rewards Program including health and professional development

Skills & Requirements

Must-have

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

Nice-to-have

  • Proactive stakeholder relationship building
  • Ability to communicate complex matters simply
  • Knowledge of emerging risks and market shocks
  • Experience with Model Risk Management Policy
  • Collaboration across Finance and Claims functions

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 preferred

Work Rights

Not specified

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