Associate Actuary PCS
About the role
Key Responsibilities
- Perform and communicate the Private Client Select reserve review.
- Complete trend studies and collaborate with Pricing Actuaries and Underwriting to evaluate emerging loss experience.
- Analyze loss trends and claims emergence to assess reserve adequacy and identify key drivers of change.
- Collaborate with Claims and Underwriting to review large losses on a monthly basis.
- Provide actuarial support for quarterly closing activities and year-end financial reporting.
- Support the Global AvE process.
- Partner with other actuaries to implement reserving best practices and analytical methodologies.
- Work effectively as part of a team and mentor any junior staff to support financial, strategic, and operational objectives.
- Collaborate with Data and Technology teams to drive process improvements and support actuarial transformation initiatives.
- Perform ad hoc analyses and other duties as required.
Qualifications
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- 3+ years of P&C actuarial experience, with reserving experience strongly preferred.
- ACAS credential or near-ACAS completion.
- Strong analytical, problem-solving, and critical thinking skills.
- Demonstrated drive to continuously learn, innovate, and improve processes.
- Ability to work effectively both independently and as part of a team.
- Proficiency in Microsoft Office applications.
- Experience with VBA, SQL, Snowflake, or other programming languages strongly preferred.
- Willingness to learn new programming languages, technologies, and tools as needed.
- Effective organizational and time management skills.
- Strong written and verbal communication, presentation, and interpersonal skills.
- Strong business acumen and collaboration skills.
- Ability to manage multiple priorities and adapt to changing business needs.
For positions based in New York , the base salary range is $109,000-$135,000. For positions based in New Jersey, 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.
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