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AIGPosted 1 week ago

Associate Actuary - North America Property Pricing

$120,000–$150,000 year

On-siteChicago, Illinois, United States or Atlanta, Georgia, United States

Full TimeEntry LevelAssociates DegreeEnterprise

Job Summary

Streamline processes across North America Property segments including Retail, Lexington, and Canada by partnering with pricing actuaries, catastrophe modelers, and reserving actuaries. Develop pricing and underwriting strategies with the Chief Underwriting Office to identify profitable growth opportunities and improve pricing system parameters. Coordinate pricing, planning, and accumulation management efforts with the cat modeling team to ensure adequate risk-adjusted returns. Provide recommendations on rating methodologies and tools to improve technical pricing accuracy while aligning reporting metrics across property teams.

Required Qualifications

  • At least an Associate of the Casualty Actuarial Society (ACAS)
  • At least 5 years of commercial lines actuarial experience
  • Solid understanding of catastrophe modeling fundamentals
  • Timeliness and attention to detail
  • For positions based in New York, the base salary range is $120,000-$150,000
  • For positions based in New Jersey, the base range is $115,000-$148,000
  • For positions based in Illinois, the base range is $110,000-145,000
  • The position is eligible for a bonus in accordance with the terms of the applicable incentive plan
  • At AIG, 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
  • AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made

Desired Qualifications

  • significant commercial property pricing experience
  • Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management
  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment

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