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Actuary – Excess Casualty

Actuary – Excess Casualty

CompanyAmerican International Group
LocationPhiladelphia, PA, USA, Parsippany-Troy Hills, NJ, USA, Atlanta, GA, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in Actuarial Science or related field.
  • Associate of the Casualty Actuarial Society with 5+ years of commercial lines actuarial pricing experience, preferably with significant commercial pricing experience.
  • Strong technical and business expertise with the ability to build sustainable, collaborative relationships.
  • Exceptional communication skills, including ability to develop and present clear and concise analysis and recommendations to senior management.
  • Ability to dive into technical and execution level details, do hands-on work, connect the dots while thinking strategically.
  • Willing and able to continuously learn and adapt in a dynamic and fast changing environment.

Responsibilities

  • Managing a portfolio of individual account pricing reviews while partnering with the business and support teams on strategy, risk selection, pricing, and portfolio construction.
  • Communicating actuarial pricing to underwriters, clients, and brokers.
  • Actively managing the deal pipeline with Underwriters, while delivering within tight deadlines for yourself and the team.
  • Participating in peer reviews and impact analysis of default parameters within the pricing tools.
  • Leading ad-hoc projects around different initiatives of the group and communicating results to various audiences.
  • Identifying areas of improvement in current pricing tools and collaborating with data/IT teams to enhance metrics capture.
  • Establishing strong working relationships with management from underwriting and reserving.
  • Developing pricing and underwriting strategies and identifying opportunities for profitable growth.
  • Providing recommendations to rating methodologies, parameters, and tools to improve accuracy of technical pricing.

Preferred Qualifications

  • Significant commercial pricing experience preferred.