Property and SME LAC pricing actuary

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Property and SME LAC pricing actuary to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Pricing

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

1)    Portfolio Analysis
•    Profit study/country planner/budget
•    Deep dives to support underwriters to investigate components of their portfolio. 

2)    Monitoring
•    Rate, rate adequacy and exposure monitoring 
•    Profiles – deductibles, limits, line sizes etc
•    AvE – leverage existing reserving work but build up pricing AvE (template exists in EMEA/UK)
•    Claims in order to spot trends etc. 
•    Work closely with underwriting management to identify profitable new business and growth opportunities.

3)    Rater/Pricing
•    Support Property underwriters to understand how their technical premium has been built up in GLMS – Modelled Cat, non-modelled Cat, non-Cat
•    Work as part of the global team to calibrate and validate base rates and modifiers in the Property rater. 
•    Update LAC pricing models for Package/SME. 
4)    Others
•    Support requests for data as required for different regional/international/global initiatives
•    Feed into risk and other discussions that assess the impacts LAC Property/Package business. 
•    Work with regional cat teams to understand the drivers of cat pricing and how these impact technical premiums. 

Technical Skills and Expertise

•    Ability to communicate actuarial concepts to non-specialists.
•    Candidates with Property/SME product experience strongly preferred
•    Candidates with CAT modeling understanding preferred
•    Proven proficiency in actuarial pricing concepts/methodologies
•    Actuarial degree
•    Strong analytical and problem solving skills.
•    Work well both independently and as part of a team.
•    Expertise in Excel, VBA, SAS, R, Python or other programming languages.
•    Strong business and collaboration skills, and responsive to service needs and operational demands.
•    Excellent communication, presentation, and interpersonal skills.
•    English and Spanish speaker 

Ready to make a bigger impact? We look forward to reviewing your application

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 candidatecare@aig.com.  

Functional Area:

AC - Actuarial

AIG MEXICO SERVICIOS S.A. DE C.V.