AIG

Actuary & AVP - Management Liability

$225KFull-time · MA-Boston
✓ Verified live on the employer's own system · added 37 days ago
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Senior · 10+ yrs exp

Requirements

Education: Bachelor's degree

Experience: 10+ years

Skills & tools

OperationsMarketingManagementData AnalysisLoan ProcessingSecurityTeam LeadershipCoaching
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Full job description

key responsibilities within a world-class actuarial function.

Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. 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.

We are seeking an actuarial professional to lead the pricing function for the Management Liability segment within AIG's North America Financial Lines team. This is an exciting position focused on pricing, modelling, and advanced analytics for our Management Liability product lines, including D&O, EPL, Fiduciary, & Crime.

The actuary will manage a team of individual contributors, overseeing the execution of dynamic work projects such as profitability studies, predictive modelling, planning support, and building out portfolio management & monitoring tools. The individual will be a trusted business partner, working closely with the underwriting and claims departments to ensure profitable performance and growth.

- Perform and communicate the results of pricing studies for Management Liability product segments

- Construct & maintain advanced models for various business functions such as pricing or claim trend monitoring

- Work closely with underwriting business partners to review market trends, understand portfolio shifts, identify pockets of profitable business, monitor emerging issues, and help management develop and quantify the impact of underwriting actions

- Maintain a robust command of public D&O / security class action trends & claim activity

- Perform unique & innovative individual account rating analyses as needed

- Help advance the broader Financial Lines team's ability to perform deeper analytics by proposing new ideas, trying new techniques, and leading innovative projects

- Lead a team of actuaries through coaching, mentoring, and project management

- BS in Actuarial Science, Mathematics, Statistics, or related area

- 10 years or more experience, Management Liability familiarity required

- A thought leader, with an innate drive to continuously learn and innovate

- Strong business and collaboration skills, demonstrated ability to influence business partners

- Excellent communication, presentation, and interpersonal skills

The base salary range for this position is $180,00-$225,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview

Ready to set new industry standards? We would love to hear from you.

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This posting was published by AIG on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.