AIG
Senior Actuarial Analyst, Reserving - Workers Compensation
AIG, New York, New York, us, 10261
Senior Actuarial Analyst, Reserving – Workers Compensation
At AIG, we are reimagining the way we help customers manage risk. Join us as a Senior Actuarial Analyst, Reserving – Workers Compensation to take on key responsibilities within a world‑class actuarial function.
Make your mark in Actuarial Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies worldwide. We collaborate with Finance, Claims, Operations, Marketing, and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential and help improve how we predict, manage, and mitigate risk.
How you will create an impact We are seeking an actuarial professional to provide actuarial support for AIG’s industry‑leading Workers Compensation business. This unique role will provide experience in reserving and the opportunity to engage with various profit centers within the company. We are looking for an individual who is internally motivated, intellectually curious, able to manage multiple priorities, and driven to enhance existing processes.
Analyze information to determine and document the adequacy of loss and loss expense reserves.
Analyze and monitor loss trends and relevant industry/regulatory changes and effectively communicate to management.
Support quarterly process of determining the appropriate amount of IBNR to be booked.
Assist with quarterly financial and regulatory reporting (quarter close) and provide data for annual statement reporting.
Engage with Pricing actuaries on profit center budget.
Collaborate with data team to drive process improvement and achieve actuarial transformation goals.
Perform tech and peer reviews for actuarial work products.
Work effectively as part of a team to achieve AIG’s financial, strategic and operational objectives.
What we are looking for
BS in Actuarial Science, Mathematics, Statistics, or related area.
3 or more years of experience in Commercial Casualty lines pricing and/or reserving.
3 or more actuarial exams preferred.
Strong analytical and problem‑solving skills.
Work well both independently and as part of a team.
Proficiency in Excel and SQL, with experience in SAS, Python, R, or other programming languages also preferred.
Strong business and collaboration skills and responsive to service needs and operational demands.
Effective time management skills.
Strong communication, presentation, and interpersonal skills.
Strong work ethic.
Customer focus.
Opportunity can be located in NYC, NY; Parsippany, NJ; Chicago, IL; Atlanta, GA; Philadelphia, PA; or Boston, MA.
The base salary range for this position is $100,000–$125,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we offer a range of competitive benefits.
Ready to set new industry standards? We would love to hear from you.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected category.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please navigate to our accommodations page for details.
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Make your mark in Actuarial Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies worldwide. We collaborate with Finance, Claims, Operations, Marketing, and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential and help improve how we predict, manage, and mitigate risk.
How you will create an impact We are seeking an actuarial professional to provide actuarial support for AIG’s industry‑leading Workers Compensation business. This unique role will provide experience in reserving and the opportunity to engage with various profit centers within the company. We are looking for an individual who is internally motivated, intellectually curious, able to manage multiple priorities, and driven to enhance existing processes.
Analyze information to determine and document the adequacy of loss and loss expense reserves.
Analyze and monitor loss trends and relevant industry/regulatory changes and effectively communicate to management.
Support quarterly process of determining the appropriate amount of IBNR to be booked.
Assist with quarterly financial and regulatory reporting (quarter close) and provide data for annual statement reporting.
Engage with Pricing actuaries on profit center budget.
Collaborate with data team to drive process improvement and achieve actuarial transformation goals.
Perform tech and peer reviews for actuarial work products.
Work effectively as part of a team to achieve AIG’s financial, strategic and operational objectives.
What we are looking for
BS in Actuarial Science, Mathematics, Statistics, or related area.
3 or more years of experience in Commercial Casualty lines pricing and/or reserving.
3 or more actuarial exams preferred.
Strong analytical and problem‑solving skills.
Work well both independently and as part of a team.
Proficiency in Excel and SQL, with experience in SAS, Python, R, or other programming languages also preferred.
Strong business and collaboration skills and responsive to service needs and operational demands.
Effective time management skills.
Strong communication, presentation, and interpersonal skills.
Strong work ethic.
Customer focus.
Opportunity can be located in NYC, NY; Parsippany, NJ; Chicago, IL; Atlanta, GA; Philadelphia, PA; or Boston, MA.
The base salary range for this position is $100,000–$125,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we offer a range of competitive benefits.
Ready to set new industry standards? We would love to hear from you.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected category.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please navigate to our accommodations page for details.
#J-18808-Ljbffr