Actuary & AVP - Management Liability

AIG Insurance • Chicago, IL

10h • Onsite

About The Position

Actuary & AVP - Management Liability At AIG, we are reimagining the way we help customers to manage risk. Join us as a Actuary & AVP - Management Liability 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, 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. How you will create an impact 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.

Requirements

• BS in Actuarial Science, Mathematics, Statistics, or related area
• Credentialed FCAS
• 10 years or more experience
• Management Liability familiarity required
• Strong analytical and problem-solving skills
• Work well managing and coaching others
• Strong business and collaboration skills, demonstrated ability to influence business partners
• Flexibility and effective time management skills
• Excellent communication, presentation, and interpersonal skills

Nice To Haves

• Experience in SQL & R/Python preferred
• A thought leader, with an innate drive to continuously learn and innovate

Responsibilities

• 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
• Support the annual profit study & planning process
• Support rate filings as needed
• Lead a team of actuaries through coaching, mentoring, and project management

Benefits

• Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development

What This Job Offers

• Job Type: Full-time
• Career Level: Manager