Senior Pricing Actuary (Global Specialty) | London, UK (London)
1 Days Old
Senior Pricing Actuary (Global Specialty)
Senior Pricing Actuary (Global Specialty)
American International Group, Inc. London, United KingdomSenior Pricing Actuary (Global Specialty)
American International Group, Inc. London, United Kingdom
Senior Pricing Actuary (Global Specialty)
Join us as a Pricing Actuary in our Aerospace team to take your career to the next level with an international market leader.
Make your mark in Actuarial Our Actuaries 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. How you will create an impact As a Pricing Actuary, you will be responsible for supporting the Aerospace business, providing pricing analyses and granular performance monitoring. This is a fantastic role for an experienced pricing actuary who wants to grow their career in this exciting sector. You will be part of a team which services the Aerospace business globally, so you will get exposure to a broad range of stakeholders, markets and products. Some of the key responsibilities include:- Provide the Global Aerospace Business with the actuarial and analytical support they require to profitably grow their business and take remedial action where needed.
- Lead on large transformation projects, such as rater development & enhancement in HX and development of rating models
- Be actively involved in technical pricing tool development, analysis, and enhancements using Python.
- Lead the reporting and analysis of performance at granular level using R (account and rating factor) so that underwriters can optimise performance.
- Ensure monitoring of rates for technical pricing models are in place and these are reviewed regularly, and that any deviation is justified, monitored, and consistent amongst regions.
- Lead profitability studies and business planning
- Ensure data used for pricing and monitoring is complete, accurate, adequate, and timely.
- Responsible for training and mentoring junior members of staff.
- Comply with key regulatory and risk management procedures.
- Adherence to Global and matrix decision making standards within the authorities provided.
- Degree in Mathematics or related discipline
- Extensive experience of actuarial pricing within General Insurance
- Strong coding skills in R, Python and VBA
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
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