Associate Actuary, Central Reserving

AIG • Atlanta, GA

12d • $105,000 - $130,000 • 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 role develops 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. It also supports the analysis, determination, and reporting of reserves for Extra-Contractual Obligations (ECO) and Corporate-Level Unallocated Loss Expense (ULE).

The Associate Actuary partners with reserving actuaries, claims professionals, data scientists, and business leaders to turn complex datasets into actionable insights, modern analytical tools, and next-generation reserving methods. The position supports quarterly IBNR determinations, reserve adequacy analysis, quarterly financial and regulatory reporting, and annual statement reporting. AIG describes its work environment as primarily in-office to support in-person collaboration.

For positions based in New York and Connecticut, the base salary range is $105,000–$130,000. The position is eligible for a bonus under the applicable incentive plan. Actual compensation depends on skills, experience, and qualifications. AIG states that it offers a competitive benefits package and a Total Rewards Program focused on health, wellbeing, financial security, and professional development.

Requirements

• Bachelor of Science in Actuarial Science, Mathematics, Statistics, or a related area.
• ACAS or FCAS.
• At least 4 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 determination of 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, and 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 support reserving modernization objectives.
• Work independently and collaboratively to support organizational financial, strategic, and operational objectives.

Benefits

• Competitive benefits package described as part of AIG's Total Rewards Program, focused on health, wellbeing, financial security, and professional development.
• Eligibility for a bonus under the applicable incentive plan.

What This Job Offers

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