Global Specialty Actuarial Reserving Analyst

Found in: beBee jobs GB - 2 weeks ago

London, Greater London, United Kingdom American International Group, Inc. Full time
Join us as a Global Specialty Actuarial Reserving Analyst to take your career to the next level with an international market leader.

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

You will make a key contribution to our performance in Actuarial by providing reserving support and portfolio analysis oversight to the Global Specialty business.

We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Actuary.

Some of the key responsibilities include:
  • Assist in the production of Legal Entity and US GAAP reserve estimates, both gross and net of Reinsurance using standard reserving techniques
  • Assist in production of reserving presentations and commentary to support the analytical work
  • Take key stakeholders through the Actuarial and Financial reserving results
  • Work with the claims team around the impact of claim initiatives, inflation and specific IBNR areas (e.g. specific individual losses or catastrophe events)
  • Work with reinsurance to ensure understanding of outwards reinsurance changes impacting their lines of business
  • Collaborate closely with the UK, EMEA and wider Global Specialty actuarial teams, ensuring effective communication of actuarial information for Specialty lines
  • Support the Pricing team through contributing to Profit Study analysis and production of Budget/Forecast Loss Ratios to achieve profitable growth and business goals
  • Support the development and delivery of robust portfolio analytics to inform and guide decisions of the Global Specialty business
What we're looking for
  • Bachelors degree or equivalent (Mathematics/Actuarial or related)
  • Student member of an Actuarial Institute with partial progression through the exams
  • 1-3 years of actuarial experience
  • Experience of programming software, such as R, SQL or VBA would be advantageous
  • Excellent analytical and problem-solving skills
  • Excellent communication, presentation and interpersonal skills
#LI-AIG

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 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

Functional Area:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

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