Senior Actuarial Analyst, Reserving - Workers Compensation
About The Position
Senior Actuarial Analyst, Reserving – Workers Compensation At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Actuarial Analyst, Reserving – Workers Compensation 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 provide actuarial support for AIG’s industry leading Workers Compensation business. This unique role will provide a range of experience in reserving and will provide the opportunity to engage with various profit centers within the company. We are looking for an individual who is internally motivated, intellectually curious, able to manage multiple priorities, and driven to enhance existing processes.
Requirements
- BS in Actuarial Science, Mathematics, Statistics, or related area
- 3 or more years of experience in Commercial Casualty lines pricing and/or reserving
- 3 or more actuarial exams preferred
- Strong analytical and problem-solving skills
- Work well both independently and as part of a team
- Proficiency in Excel and SQL, with experience in SAS, Python, R, or other programming languages also preferred
- Strong business and collaboration skills and responsive to service needs and operational demands
- Effective time management skills
- Strong communication, presentation, and interpersonal skills
- Strong work ethic
- Customer focus
Responsibilities
- Analyze information to determine and document the adequacy of loss and loss expense reserves.
- Analyze and monitor loss trends and relevant industry/regulatory changes and effectively communicate to management.
- Support quarterly process of determining the appropriate amount of IBNR to be booked.
- Assist with quarterly financial and regulatory reporting (quarter close) and provide data for annual statement reporting.
- Engage with Pricing actuaries on profit center budget.
- Collaborate with data team to drive process improvement and achieve actuarial transformation goals.
- Perform tech and peer reviews for actuarial work products.
- Work effectively as part of a team to achieve AIG’s financial, strategic and operational objectives.
Benefits
- We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview
- 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—to bring peace of mind to you and your family.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
