Who we are:

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.

We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Get to know the business:

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

What you need to know:

The Actuarial Data Engineering Lead will join the AIG Data Office, responsible for day-to-day applications management, functional enhancement and subject matter expert support of AIG’s Actuarial function.  The actuarial lead will work collaboratively with business, product owners and vendor partners to ensure successful delivery of business priorities.    This is a strategic role supporting mission critical actuarial AIG functions. This includes leading technical resources, partnering with AIG IT, and actuarial business partners.  The lead is responsible for leading deliverables in a highly outsourced model.  The Actuarial Data Engineering Lead will work collaboratively with Product owners and vendor partners to ensure the business changes are done on a priority basis.  The ideal candidate ensures that roadmaps and product plans are in place to achieve the long-term objectives. 

The responsibilities for this role include:

• Analysis, design, technology development and delivery accountability for mission critical actuarial processing initiatives across AIG.
• Delivery of all required reports to Reserving Actuaries on a monthly basis.
• Support data feeds to Pricing Actuaries from the centralized actuarial batch process.
• Manage process for Tagging and segmentation of Loss sensitive business during month / Quarter close. Actuaries use this data in Loss reserving to create Gross and Net loss triangles.
• Manage the data used for Schedule P reporting (domestic & international)
• Maintains the month end process providing data for international segmentation, IBNR calculation and international reserving processes.
• Provides International premiums and losses for select UK/EU regulatory reporting process.
• Manages multiple actuarial apps and provides Level 3 development support.
• Serves as a Subject Matter Expert for AIG and AIG Stakeholders across the actuarial portfolio.
• Responsible for fostering and maintenance of relationships with business and IT partners.
• Manages all audits across all actuarial system processes.
• Ensure that all solutions adhere to AIG standards for security.

What we’re looking for:

Key Qualifications

• Significant experience in Application development, large data management solutions and information handling at the enterprise level, possessing deep understanding of SDLC.
• Ability to manage large vendor teams across multiple geographies.
• Experience working in large, complex, multinational financial data environments.
• Prior experience working in Actuarial IT and /or good understanding of Actuarial process is desirable.
• Insurance (ideally property and casualty) industry expertise in the data domain.
• Business acumen and understanding of Insurance metrics and financials.
• Ability to work under challenging production situations fulfilling tight deadlines and budget constraints.
• Experience in providing technical expertise and project leadership by conducting industry and market research and making recommendations regarding current and new domain knowledge and related technologies.
• Ability to understand the long-term ("big picture") and short-term perspectives of situations.
• Effective communication skills and facilitation experience with business and technology stakeholders to understand use cases and business needs.
• Ability to influence change and drive results.  Must be a self-motivated driver to identify issues and resolve them quickly.
• Ability to work effectively in a fast-paced environment and with changing priorities.

Ideal Experience

• 8+ years of experience in Data Application management with progressive leadership roles
• Experience in Mainframe technologies – COBOL. JCL, DB2, SQL
• Working knowledge of Java, Shell Scripting, Hadoop, Oracle, UDB. Microsoft technologies
• Experience in Property and Casualty insurance with emphasis in commercial lines. Prior experience in Finance & Actuarial disciplines is a plus.
• Experience in developing and operationalizing complex data engineering solutions.
• Leverages expert problem-solving skills and techniques.

The base salary range for this position in Jersey City, NJ, is $124,000 - $140,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

Veteran's Encouraged to apply.

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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].  

DT - Data

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc.