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Salary
$155k per year
Location
In office (Madison)
Seniority
Junior · 2+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match

AIG

American International Group is an insurer founded in Shanghai in 1919 that grew into one of the largest financial institutions in the world before its near-collapse in 2008, when losses on credit default swaps written against mortgage securities forced the largest government rescue of a single company in American history. It has spent the years since dismantling that conglomerate, separating its life and retirement business as Corebridge and selling numerous units, and it now concentrates on commercial property and casualty insurance. Headquartered in New York, it is a considerably smaller and simpler company than the one that failed.

Price Commercial Casualty lines, including Auto Liability, General Liability, and Workers’ Compensation. Collaborate with underwriters on pricing large accounts and performing collateral analyses. Document work and provide clear written analyses to the underwriters, including observations and findings on completed work projects. Assist in the development of pricing and underwriting strategies. Assist in analyzing the profitability of business segments within Captive Solutions. Support the development and design of analytical tools and techniques to help the business effectively manage existing portfolios. Monitor rate, exposure, retention, and new and lost business changes. Monitor loss trends, actual versus expected, and relevant industry/regulatory changes, and effectively communicate to the management. Work with reserving actuaries to ensure smooth quarterly and annual close processes. Work with Excel and insurance lines of business pricing and reserving.

Salary Range: $155,376.00 - $155,376.00 per year

Requirements: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related field of study, plus two (2) years of experience with Excel and insurance lines of business pricing and reserving. Passage of at least three (3) Casualty Actuarial Society (CAS) exams is required.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our 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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [email protected].

Functional Area:

AC - ActuarialAIG PC Global Services, Inc.
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