UK & Europe Specialty Analyst
AIG
London
10h ago

Actuarial Actuarial professionals with expertise in quantitative analysis, insurance pricing, loss reserving, and risk quantification are integral to AIG’s success.

We have dedicated Finance Actuaries that play a critical role in assessing the reserve need and thereby ensuring strong financial condition of AIG’s insurance operating companies around the world.

Our Portfolio Analytics and Pricing Actuaries focus on directly supporting AIG’s businesses and are responsible for technical pricing, product development analytics, performance monitoring and measurement, as well as assessment of reinsurance needs.

This team also works with marketing, operations, and financial management to achieve AIG’s business objectives.

The role involves supporting key reserving activities and assist in capital modelling projects for AIG UK and AIG Europe.

More specifically, this involves :

Reserving

  • Assist in the production of Legal Entity and US GAAP reserve estimates, both gross and net of Reinsurance
  • Assist the liaison with the claims team around impact of initiatives, and specific IBNR areas (eg CAT, financial crisis)
  • Assist in production of key reserving results and analytics to take key stakeholders (internal and external to actuarial) through the results.
  • Working with reinsurance to ensure ongoing understanding of outwards RI changes impacting their lines of business
  • Provide inputs into actuarial reporting
  • Planning

  • Business Planning : Assist in the production of IFRS and US GAAP Loss Ratios
  • Capital Model Calibration and SII

  • Involvement in the capital model calibration process and support in other key SII activities.
  • Technical Skills and Expertise

    The Ideal Candidate Should Have :

  • Bachelors degree or equivalent
  • Student member of an Actuarial Institute well progressed through exams
  • Proven proficiency in actuarial concepts / methodologies
  • Proficiency in reserving software e.g. ResQ
  • Knowledge of SQL, SAS and VBA
  • Ability to forge relationships with other areas of the business
  • Ability to work under own initiative, active, be decisive, proactive and show flexibility to meet business needs
  • Ability to meet tight deadlines and prioritise own work
  • Professional behaviour with high level of integrity
  • It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer.

    We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

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