Pricing Actuary and Insurance Program Development Manager, South Korea

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Pricing Actuary and Insurance Program Development Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Personal General Insurance

AIG Personal General Insurance teams help to find insurance solutions in areas including A&H, Travel, Personal Property, Warranty/Service Programs in Korea. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

• This role will focus on;

• Conducting reviews of pricing adequacy for short-term insurance product or program for group insurance including Group PA, Group TA and Affinity/Welfare programs.
• Supporting on successful program launches/bindings through effective collaboration with brokers and insurers.
• Developing or introducing new programs or covers that can attract broker/client to develop new opportunity or program for its customer or citizens.

• You will be responsible for;

• Pricing general insurance product/coverage
• Reviewing pricing adequacy for general insurance product and programs for group, affinity, etc.
• Communicating and collaborating with internal/external parties to support successful program launch
• Analyzing the above product portfolio to report Head of Personal General Insurance

• Your skill and experience on general insurance pricing at the non-life insurance company will be valuable to conduct pricing and reviewing
• Your relationships and experience with broker and sales employees in local insurers will be helpful to make a network for your success. You will need to keep close connection with them through a consistent, timely, and proactive approach. You will also aim to generate some new business and opportunity by expanding your network, and building new relationships across the market – in line with a growth plan established with your manager.

What you’ll need to succeed

• Knowledge and experience on pricing and product development for general insurance more than 5 years
• Excellent knowledge of insurance regulations and contract especially for short-term general insurance.
• Strong communication, networking and relationship building skills.
• Good organizational and time management skills.
• Strong sense of responsibility
• Good written and oral communication skills in Korean and English

#LI-SK1

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 [email protected].  

Functional Area:

SM - Sales & Marketing

AIG Korea Inc. (South Korea)