Pricing Manager, Actuarial

Posted:
8/28/2024, 8:51:30 PM

Location(s):
England, United Kingdom ⋅ London, England, United Kingdom

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Join us as an Actuarial Pricing Manager to take your career to the next level with an international market leader.

Make your mark in Actuarial

Our Actuaries / Data scientists are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG’s major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

About the Role

The Pricing Actuary will be in the team looking after the actuarial support for A&H business.

The position will provide technical pricing support for new and existing products, working closely with the local and regional teams to meet deadlines and deliver quality work products.  In addition, the role holder will support portfolio management work to enhance business understanding

How you would make an impact

  • Providing actuarial support as the business require to profitably grow their business and take remedial action where needed.
  • Support the development, alignment, and execution of portfolio strategies.
  • In co-ordination with the business, monitor rates at an account/portfolio level
  • Produce pricing analysis for large accounts and schemes within agreed timescales, working closely with underwriters.
  • Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
  • Take ownership of projects
  • Coach/manage junior members of the team
  • Comply with key regulatory and risk management procedures.
  • Develop and maintain global best practices, methodological guidance, and standard rating tools and templates.

What you'll need to succeed

  • Bachelor’s degree or equivalent.
  • Qualified Actuary from a recognized actuarial society or qualified by experience
  • Candidates with at least 8 years of relevant actuarial experience
  • Candidates with some management experience preferred
  • Proven proficiency in actuarial pricing concepts/methodologies
  • Demonstratable experience in General Insurance
  • Expertise in Excel and knowledge/experience in working in R/Python or other programming languages preferred.

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management