Actuarial Analyst
Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Get to know the business
General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.
About the role
AIG Europe S.A. (Ireland Branch) is hiring an Actuarial Analyst to support pricing analyses and performance monitoring of its Ireland personal lines insurance business. The successful candidate will work in the Motor and Property team in the AIG Dublin IFSC office and work closely with qualified actuaries and colleagues in Finance, Marketing, Underwriting, Claims and Data Science in Dublin, London and New York. You’ll get in depth knowledge of typical actuarial roles in General Insurance and work with market leading telematics technology.
What you need to know:
* Develop enhanced reporting to analyse portfolio performance split by segments and present findings into pricing and underwriting forum
* Suggest, implement and test rate changes on commercial and consumer products.
* Build and refresh actuarial models such as Generalised Linear Models
* Collaborate with Underwriting, Claims, Finance, Marketing, and IT to ensure data used for pricing and monitoring is complete, accurate and adequate
* Improve existing data processes and automation
* Produce premium adequacy reports using relevant profitability metrics
* Develop new rating structures for new products to launch
* Deliver data enrichment initiatives by integrating external data into internal data sources
* Support ad hoc requests from business leaders across all departments
What we’re looking for:
* Minimum 2:1 Degree in an actuarial, mathematical or an equivalent degree with a strong mathematical element
* Prior pricing experience preferred but not essential
* Strong initiative in applying problem solving and analytical skills
* Competency in Excel, VBA, SQL, R, Python, Power Point
* Skills with pricing software such as Emblem or Radar preferred but not essential
* Strong verbal and written communication skills
* Demonstrated ability to work independently and work well as part of a team
A look at our benefits
At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. We’re proud to offer a range of employee benefits and resources that help you protect what matters most – your health care, financial protection, and wellbeing. We provide a variety of leaves for personal, health, and family needs. For example, the “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community.
We also believe in fostering our employees’ development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
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. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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 belonging
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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 candidatecare@aig.com.
Functional Area:
AC - Actuarial
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG Europe S.A. (Ireland branch)