Associate Actuary, Central Reserving

• Support the quarterly process of determining the appropriate amount of IBNR to be booked across assigned reserving segments, including Extra-Contractual Obligations (ECO) and Corporate-Level Unallocated Loss Expense (ULE).
• Analyze information to determine, document, and communicate the adequacy of loss and loss expense reserves.
• Develop and apply advanced analytics, predictive modeling, and AI-based tools to identify and quantify key drivers of claims outcomes, improve reserve estimates, and generate business insights into loss development behavior.
• Research, develop, and enhance reserving methodologies and models to improve reserve accuracy and support actuarial transformation initiatives.
• Analyze and monitor loss development trends, claims emergence patterns, and relevant industry, regulatory, and operational changes, and effectively communicate findings to management.
• Assist with quarterly financial and regulatory reporting (quarter close) and provide data and exhibits for annual statement reporting, including ECO and ULE reporting requirements.
• Collaborate with Claims, Finance, Pricing, Data Science, and Technology teams to improve data quality, streamline processes, and achieve reserving modernization objectives.
• Work effectively both independently and as part of a team to achieve the organization's financial, strategic, and operational objectives.

• BS in Actuarial Science, Mathematics, Statistics, or related area
• ACAS or FCAS
• 4 or more years of experience in reserving and/or pricing
• Strong analytical and problem-solving skills
• Work well both independently and as part of a team
• Proficiency in Excel, SQL, SAS, Python, R, or other programming languages preferred
• Strong business and collaboration skills and responsive to service needs and operational demands
• Effective time management skill
• Strong communication, presentation, and interpersonal skills
• Strong work ethic

For positions based in New York and Connecticut, the base salary range is $105,000-$130,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here US Benefits

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.