Commercial Lines Reserving Expert

3 weeks ago


London, Greater London, United Kingdom AIG Full time

About AIG

">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.">

Our Global Actuarial Team

">We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions to provide comprehensive risk management solutions.">

Job Description:

">
  • ">
  • The ideal candidate will have significant experience in reserving within commercial lines and proficiency in reserving software such as ResQ.">
  • This role involves leading key reserving activities for a product tower across AIG UK and Europe business, supporting underwriting in profitability monitoring and assisting in capital modeling projects from a reserving perspective.">
  • You will work closely with the claims team around impact of initiatives and specific IBNR areas, liaise with the underwriting teams around the impact of any profitability initiatives, and assist in the production of key reserving results and analytics.">
  • You will also be responsible for day-to-day management of a small team, including training of junior staff.">
  • Additionally, you will input into the budget loss ratio setting process and involvement in the capital model calibration process.">
">

What We're Looking For

">Degree in Mathematics or related discipline, Qualified or nearly qualified Actuary, Significant Reserving experience within commercial lines, Proficiency in reserving software – e.g. ResQ, Knowledge of R and SQL advantageous.">

Benefits

">We offer a competitive salary range of $120,000 - $180,000 per annum, depending on experience, plus a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security.">

Join Our Mission

">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.">

Estimate Salary: £100,000 - £140,000 per year


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