Actuary – Excess Casualty
Company | American International Group |
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Location | Philadelphia, PA, USA, Parsippany-Troy Hills, NJ, USA, Atlanta, GA, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
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.