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 to 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 role offers experience in reserving and opportunities to engage with various profit centers.
Analyze information to determine and document the adequacy of loss and loss expense reserves.
Analyze and monitor loss trends and relevant industry/regulatory changes, effectively communicating 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.
Ability to work independently and as part of a team.
Proficiency in Excel and SQL; experience with SAS, Python, R, or other programming languages preferred.
Strong business and collaboration skills, responsive to service needs and operational demands.
Effective time‑management skills.
Strong communication, presentation, and interpersonal skills.
Strong work ethic and 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. A summary of U.S. benefits is available here: US Benefits Overview (https://www.aig.com/benefits).
We value in‑person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. Our people are our greatest asset, and we provide a comprehensive Total Rewards Program that focuses on health, wellbeing, financial security and professional development.
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. We are committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you need a reasonable accommodation, please email candidatecare@aig.com.
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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 to 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 role offers experience in reserving and opportunities to engage with various profit centers.
Analyze information to determine and document the adequacy of loss and loss expense reserves.
Analyze and monitor loss trends and relevant industry/regulatory changes, effectively communicating 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.
Ability to work independently and as part of a team.
Proficiency in Excel and SQL; experience with SAS, Python, R, or other programming languages preferred.
Strong business and collaboration skills, responsive to service needs and operational demands.
Effective time‑management skills.
Strong communication, presentation, and interpersonal skills.
Strong work ethic and 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. A summary of U.S. benefits is available here: US Benefits Overview (https://www.aig.com/benefits).
We value in‑person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. Our people are our greatest asset, and we provide a comprehensive Total Rewards Program that focuses on health, wellbeing, financial security and professional development.
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. We are committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you need a reasonable accommodation, please email candidatecare@aig.com.
#J-18808-Ljbffr