Work closely with underwriting to develop pricing and underwriting strategies, and assist in the execution and monitoring of said strategies
Complete profitability studies on assigned programs and present analysis in front of business partners at varying levels of the organization
Perform due diligence analyses for prospective business and support onboarding for approved programs
Engage with MGA underwriters and actuaries
Various ad hoc pricing tasks including profitability studies, development of new products, rate and other KPI monitoring, and filings support
Work with the underwriters and rate filings unit to manage program specific and state rate filings
Produce and distribute relevant recurring reports as required
Support development and maintenance of pricing tools such as pricing models, raters, and other analytical tools.
What we’re looking for
3+ CAS exams
Programming proficiency required (e.g. SQL, Python, VBA, R, etc)
2+ years of pricing experience across a broad array of commercial lines, including: property, auto, general liability, and professional liability
Familiarity with AI tools a plus
Strong analytical and problem-solving skills and can work independently and as part of a team
Strong business and collaboration skills, and responsive to service needs and operational demands
Effective time management skills
Excellent communication, presentation, and interpersonal skills.
Customer focus
The base salary range for this position is $108,00-$134,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview
#LI-AIG #pricingactuary #actuarialcareers #commerciallinesactuary
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
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 inclusion
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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 candidatecare@aig.com.
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf
Functional Area
AC - Actuarial
National Union Fire Insurance Company of Pittsburgh, Pa.
