Actuary

1 month ago

London, United Kingdom AIG Full time

Join us as a Senior Actuarial 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 being actively involved in profitability studies, portfolio deep dives, working with underwriters on large account pricing, and pricing model development & enhancements.

Key responsibilities include:

  • Analyse the profitability of the Property Portfolio.
  • Work closely with underwriting to develop pricing and underwriting strategies and identify pockets of profitable growth opportunities.
  • Monitor rate, exposure, retention and new business changes. Monitor loss trends and relevant industry/regulatory changes and effectively communicate to management.
  • Assist in providing business solutions to maximize risk adjusted profit. Develop analytical tools to help business effectively manage existing portfolios.
  • Work closely with reserving actuaries to understand reserve development and inform them of pricing and underwriting actions that will impact reserve estimates.
  • Develop granular profitability improvement strategies.
  • Assist in researching and developing best practices pricing techniques to be implemented across the business.
  • Partner with Reserving Actuaries in assessing the impact of loss trends and claims emergence
  • Partner with underwriters in assessing the impact of changes in appetite and portfolio mix.

What you'll need to succeed

  • Bachelors degree or equivalent (Mathematics/Actuarial or related).
  • Student member of an Actuarial Institute with partial progression through the exams.
  • 3 plus years of Pricing experience
  • Strong business and collaboration skills and responsive to service needs and operational demands.
  • Ability to work under own initiative, be proactive and show flexibility to meet business needs.
  • Excellent communication, presentation, interpersonal, analytical and problem-solving skills.
  • Coding and/or modelling experience in Excel, SQL, Python, R or other programming languages advantageous

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 - ActuarialEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd #J-18808-Ljbffr

  • Chief Actuary

    1 week ago

    London, United Kingdom The Actuary Full time €20,000

    Star Actuarial is seeking a qualified non-life actuary and reserving expert to make a difference within a global insurance firm. We are award-winning experts in actuarial recruitment. We offer market-leading career advice and recruitment solutions that are tailored to your needs. Our honest approach to recruitment and our market expertise have delivered...

  • Chief Actuary

    1 week ago

    London, United Kingdom The Actuary Full time €20,000

    Star Actuarial is seeking a qualified non-life actuary and reserving expert to make a difference within a global insurance firm. We are award-winning experts in actuarial recruitment. We offer market-leading career advice and recruitment solutions that are tailored to your needs. Our honest approach to recruitment and our market expertise have delivered...

  • Graduate Actuarial

    1 month ago

    London, United Kingdom The Actuary Full time

    Employer Star Actuarial Futures Location Midlands or Scotland / hybrid with 2 days p/w office-based Salary £ excellent package Closing date 10 Jun 2024 Reference Star8512 Are you a qualified actuary witha proven track record in successfully leading an Actuarial Systems team? Setting the strategic direction for Actuarial Systems, you will workacross a...

  • Graduate Actuarial

    1 week ago

    London, United Kingdom The Actuary Full time

    Employer Star Actuarial Futures Location Midlands or Scotland / hybrid with 2 days p/w office-based Salary £ excellent package Closing date 10 Jun 2024 Reference Star8512 Are you a qualified actuary witha proven track record in successfully leading an Actuarial Systems team? Setting the strategic direction for Actuarial Systems, you will workacross a...

  • Graduate Actuarial

    4 weeks ago

    London, United Kingdom The Actuary Full time

    Employer Star Actuarial Futures Location Midlands or Scotland / hybrid with 2 days p/w office-based Salary £ excellent package Closing date 10 Jun 2024 Reference Star8512 Are you a qualified actuary witha proven track record in successfully leading an Actuarial Systems team? Setting the strategic direction for Actuarial Systems, you will workacross a...

  • Graduate Actuarial

    1 week ago

    London, United Kingdom The Actuary Full time

    Employer Star Actuarial Futures Location Midlands or Scotland / hybrid with 2 days p/w office-based Salary £ excellent package Closing date 10 Jun 2024 Reference Star8512 Are you a qualified actuary witha proven track record in successfully leading an Actuarial Systems team? Setting the strategic direction for Actuarial Systems, you will workacross a...

  • DB Actuary

    1 week ago

    London, United Kingdom The Actuary Full time €20,000

    Are you a qualified actuary looking for your next career opportunity within a major global reinsurer? In this key position within our client's longevity team, you will contribute to all aspects of the understanding, pricing and managing of longevity reinsurance risks, enhancing the team’s ability to write profitable new business. You will also lead the...

  • DB Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time €20,000

    Are you a qualified actuary looking for your next career opportunity within a major global reinsurer? In this key position within our client's longevity team, you will contribute to all aspects of the understanding, pricing and managing of longevity reinsurance risks, enhancing the team’s ability to write profitable new business. You will also lead the...

  • DB Actuary

    1 week ago

    London, United Kingdom The Actuary Full time €20,000

    Are you a qualified actuary looking for your next career opportunity within a major global reinsurer? In this key position within our client's longevity team, you will contribute to all aspects of the understanding, pricing and managing of longevity reinsurance risks, enhancing the team’s ability to write profitable new business. You will also lead the...

  • DB Actuary

    1 week ago

    London, United Kingdom The Actuary Full time

    Are you a qualified actuary looking for your next career opportunity within a major global reinsurer? In this key position within our client's longevity team, you will contribute to all aspects of the understanding, pricing and managing of longevity reinsurance risks, enhancing the team’s ability to write profitable new business. You will also lead the...

  • Development Actuary

    3 weeks ago

    London, United Kingdom The Actuary Full time

    P&C RI Pricing Actuary, Model Development-focused work P & C Reinsurance Pricing Actuary, Model Development-focused work! Salary up to £120,000 with a 25% target bonus. Strong actuarial coding experience Apply for P&C RI Pricing Actuary, Model Development-focused work Fields marked with an asterisk (*) are required com you agree to our terms and...

  • Actuary

    1 week ago

    London, United Kingdom The Actuary Full time

    Join a leading team delivering market-leading cyber actuarial and reinsurance analytics globally. As a key client-facing contributor, you’ll design, pitch, and deliver innovative cyber reinsurance programs, collaborating with brokers and supporting junior analytics colleagues. What You'll Do: Elevate our global cyber analytics capabilities. Service...

  • Property Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time €110,000

    Pricing Actuary - Property Treaty  Up to £110,000 + Bonus  We have a new role with a well-respected re-insurer in London (and Bermuda). This is focused on reinsurance pricing for property and reports into the Head of Pricing. You be working directly with UWs and other stakeholders on a daily basis and be given a lot of autonomy to take things and run...

  • Consultant Actuary

    2 months ago

    London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) life actuary, looking to make a difference within a global consultancy? Finance Transformation; Mergers & Acquisitions; Actuarial modelling; and Audit. A natural communicator, the successful candidate will have a good knowledge of the life insurance industry and one of the above listed specialisms. Good modelling...

  • Consultant Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    Are you a qualified (or part-qualified) life actuary, looking to make a difference within a global consultancy? Finance Transformation; Mergers & Acquisitions; Actuarial modelling; and Audit. A natural communicator, the successful candidate will have a good knowledge of the life insurance industry and one of the above listed specialisms. Good modelling...

  • Actuarial Consultant

    4 weeks ago

    London, United Kingdom The Actuary Full time

    Senior Actuarial Analyst - Regulatory Reporting & Reserving We are working with an exciting Syndicate that are going through a growth phase and looking for a senior reserving analyst to join their reporting team. The role will report into the Reserving and Reporting Manager and have exposure to the wider actuarial team and senior stakeholders within the...

  • Actuarial Student Consultant

    1 week ago

    London, United Kingdom The Actuary Full time

    R&D Longevity Actuarial Analyst/Qualified Actuary - London pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a Research &Development Actuarial student/Qualified Actuary on behalf of a life reinsurer. The ideal candidate will be an Actuarial student to those who have already qualified. The role would suit...

  • Actuarial Student Consultant

    4 weeks ago

    London, United Kingdom The Actuary Full time

    R&D Longevity Actuarial Analyst/Qualified Actuary - London pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a Research &Development Actuarial student/Qualified Actuary on behalf of a life reinsurer. The ideal candidate will be an Actuarial student to those who have already qualified. The role would suit...

  • GI Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    GI Actuary - Reserving & Capital Modelling Employer Star Actuarial Futures Location London / hybrid 1-2 days p/w in the office Salary £ dependent upon experience Closing date 29 May 2024 Reference Star8728 Our client, a major insurer, has an exciting opportunity for a qualified (or part-qualified) GI actuary to support reserving, capital modelling,...

  • GI Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    GI Actuary - Reserving & Capital Modelling Employer Star Actuarial Futures Location London / hybrid 1-2 days p/w in the office Salary £ dependent upon experience Closing date 29 May 2024 Reference Star8728 Our client, a major insurer, has an exciting opportunity for a qualified (or part-qualified) GI actuary to support reserving, capital modelling,...