Associate Actuary, Central Reserving

AIG Insurance • Atlanta, GA

11d • Onsite

About The Position

The Central Reserving team is seeking an analytical and innovative professional to advance reserving capabilities through artificial intelligence and advanced analytics. The Associate Actuary will develop tools and models to identify and quantify drivers of claims outcomes, uncover insights into loss development behavior, and improve reserving accuracy across multiple lines of business. The role also supports the analysis, determination, and reporting of reserves for Extra-Contractual Obligations (ECO) and Corporate-Level Unallocated Loss Expense (ULE).

The successful candidate will partner with reserving actuaries, claims professionals, data scientists, and business leaders to turn complex datasets into actionable insights, modern analytical tools, and next-generation reserving methodologies. The role combines traditional actuarial expertise with AI and advanced analytics to help shape the future of actuarial reserving.

AIG asks team members to be primarily in the office to support in-person collaboration. The position is eligible for a bonus under the applicable incentive plan. AIG describes its Total Rewards Program as including benefits focused on health, wellbeing, financial security, and professional development. The company also highlights continuous learning and development and an inclusive culture.

Requirements

• Bachelor of Science in Actuarial Science, Mathematics, Statistics, or a related area.
• ACAS or FCAS designation.
• Four or more years of experience in reserving and/or pricing.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Strong business and collaboration skills, with responsiveness to service needs and operational demands.
• Effective time-management skills.
• Strong communication, presentation, and interpersonal skills.
• Strong work ethic.

Nice To Haves

• Proficiency in Excel, SQL, SAS, Python, R, or other programming languages.

Responsibilities

• Support the quarterly process of determining the appropriate IBNR to be booked across assigned reserving segments, including ECO and Corporate-Level ULE.
• Analyze information to determine, document, and communicate the adequacy of loss and loss expense reserves.
• Develop and apply advanced analytics, predictive modeling, and AI-based tools to identify and quantify drivers of claims outcomes, improve reserve estimates, and generate insights into loss development behavior.
• Research, develop, and enhance reserving methodologies and models to improve reserve accuracy and support actuarial transformation initiatives.
• Analyze and monitor loss development trends, claims emergence patterns, and relevant industry, regulatory, and operational changes; communicate findings to management.
• Assist with quarterly financial and regulatory reporting and provide data and exhibits for annual statement reporting, including ECO and ULE requirements.
• Collaborate with Claims, Finance, Pricing, Data Science, and Technology teams to improve data quality, streamline processes, and advance reserving modernization objectives.
• Work independently and collaboratively to achieve financial, strategic, and operational objectives.

Benefits

• Competitive benefits through AIG's Total Rewards Program, including benefits focused on health, wellbeing, financial security, and professional development.
• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Continuous learning and development.

What This Job Offers

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